Director Transaction Monitoring Systems Analytics Deutsche Bank Harborside

Job Description: • 2-minute read •
Reporting to the Head of Transaction Monitoring US, the Director of Transaction Monitoring Systems is accountable for development, tuning and calibration of transaction monitoring rules used for detecting Money Laundering activity across the bank globally.
Key responsibilities:
Enable Line of Business and Country level business to continue core banking business without excessive interruption due to inefficient detection systems.

Define KPI with LOB stakeholders, develop and implement risk-based, effective and efficient rules, lead a diverse team of systems and analytics professionals based in onshore, near shore, and offshore teams, and engage risk and audit partners to ensure ongoing review and transparency achieved.
The Global of Transaction Monitoring Systems will work with the Data Mining and Analytics teams and the Risk Coverage/Governance Team to ensure the rules are reviewed on a regular basis based on the level of risk and that the systems are appropriately optimized
Oversee AML optimization across multiple LOBs (including correspondent banking, retail, commercial, brokerage, and trade finance) and multiple Transaction Monitoring Systems (Mantas and Smaragd), ensure sound risk coverage, adequate quantitative model assessment and validation, and data quality completeness and integrity.
Design and implement risk-based alert scoring, creating a data quality process
Support all review and audit functions; create a model inventory list and ensure all models are reviewed
Act as SME in AFC technology related projects
Established standards for segmentation methodology, scenario tuning methodology, peer grouping, BTL sampling (Below The Line) methodology.

You will have:

Bachelor’s/ Master’s degree in Mathematics, Economics, Computer Science, Data Science, MIS, Information Management, or Statistics
Excellent knowledge of AML Transaction Monitoring systems particularly Oracle Mantas
Demonstrated experience in analytics platforms (SAS, R etc) for data mining and statistical analysis
At least 10 years of direct experience in Financial Crime Compliance, Risk Assessment or Quality Assurance in Financial Services, Banking or Regulatory environment; experience preferred
Excellent verbal and written English communication skills
Good at creating and delivering impactful presentation
Should be able to interpret complex requirements and be a self-starter
Solid project management/work flow management will be viewed positively
Be CAMS certified

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