Regulatory Filtering Analyst

Role Description

• Deutsche Bank (DB) Group and its staff are committed to compliance with all applicable laws and official regulations in the respective jurisdictions. Restrictive measures under sanctions and embargoes are usually implemented by means of statutory regulations. The sanctions and embargoes program is aimed to ensure that DB Group and its staff fully comply with all sanctions and embargoes regulations in force in the respective jurisdiction. For this purpose, DB established a global organization with dedicated rights and responsibilities. DBs Sanctions & Embargoes Program has been implemented globally and throughout all business divisions via the Embargo Policy - DB Group and the Special Risk Country Policy DB Group.
• The Service Operations (Operations) Profession is responsible for the delivery, oversight and management of functional teams undertaking operational and transaction-based processes, working within agreed policies, procedures, Key Performance and Risk Indicators. Operations objectives include designing and implementing a robust control environment that allows and drives efficient and effective processing. The environment should ensure we meet regulatory requirements and can verify the completeness and accuracy of all transactions and operational processes. The objectives include operational assurance on the integrity of the books & records and deliver effective service to our clients. Operations develop and maintain effective relationships across client and partner groups.
• The RTB Reviewer are primarily responsible for the appropriate review, confirmation and decision-taking on stopped messages to confirm mismatches for release from the transaction filtering process in line with applicable Sanction regulations and the Banks policies and procedures.

Your key responsibilities

• Support the RTB team lead in protecting DB from legal, regulatory, and reputational risk regarding business involving sanctioned entities and / or countries.
• Perform quality assurance review in accordance with AML policies and departmental procedures within established timeframes.
• Perform timely Quality activities such as day to day quality reviews on alerts processed by RTB users. Update all relevant MI to confirm completion of reviews and errors identified.
• Execute internal control checks as defined in the KOP documentation and Embargo control framework documents governed by AFC Sanction & Embargo.
• Support any applicable reporting obligations to the competent authorities with respect to transaction handling.
• Provides insight into quality gaps discovered as part of the quality assurance process and ensures these gaps are communicated to appropriate management.
• Identify opportunities for improvement and drive the implementation of initiatives and process changes with a focus on innovation.
• Act as a process expert and extends support to the operations team by sharing best practices amongst quality and the operations teams.
• Should be proficient in excel handling including the use of Excel's functions, features, and formulas to organize, analyze, and adjust data. Understanding Excel proficiency involves knowing its various tools, formulas, and functions.

Your Key Accountabilities

RTB focus

• Primarily review transactions handled by operations team and their decision on them (either pass or investigate), based on limited set of rules provided and maintained by AFC.
• Review the rationale for the decision from pre-defined set of options.
• Share feedback for investigators/reviewers with the operational leads and share trends in errors.
• Provide support feedback loop and filter optimization by identifying repeat mismatches to propose Good Guys.
• Use user access privileges only for authorized purposes; actively safeguard sensitive and confidential information.

CTB focus

• Perform quality assurance on TSMO / AFC related change projects.
• Perform quality assurance on the parameter settings in the screening application and quality review of good guys approved and add to ensure the rules are adhered to.

Training & Development

• Participate Trainings such as on HotScan, Sanctions policies, L1 procedures, specific payment types, including structure / form of messages.

Your skills and experience

• Sanctions and Regulatory Filtering
• SWIFT Message Format and Fields
• SWIFT Payment Flow
• SEPA Message Structure and Payment Flow
• ISO 20022
• MS Office (MS Excel, Word and Outlook)
• Proficient in e mail communication
• Good communication skills (Written & Verbal)
• Ability to support rotational shifts
• Ready to support on weekends