Quantitative Risk Manager – Financial Crime Risk Tooling, VP

Job Title: Quantitative Risk Manager – Financial Crime Risk Tooling

Location: Mumbai, India

Corporate Title: VP

Role Description

Deutsche Banks' Corporate Bank (CB) a market leader in Cash Management, Trade Finance & Lending, Securities Services and Trust & Agency Services. Focusing on the treasurers and finance departments of corporate and commercial clients and financial institutions across the globe, our universal expertise and global network allows us to offer truly integrated and effective solutions.

Deutsche Bank (DB) is committed to managing its Anti-Money Laundering (AML) and Sanctions risk across all businesses and geographies to minimise its likelihood of use by criminals to facilitate financial crime or to launder the proceeds of criminal acts.  DB achieves this through having:

• Defined financial crime risk appetite statement with clearly articulated statement of clients, countries and products DB is prepared to engage with in respect of AML and sanctions risk;
• Holistic and embedded financial crime framework where the front-to-back organisations work together to manage and mitigate AML and sanctions risk. This will have clearly articulated roles, responsibilities and accountabilities with appropriate committee structures enabled through the provision of risk-appropriate management information and clearly defined processes, controls and handoffs;
• Globally consistent approach to managing AML and sanctions risk using a defined AML and sanctions policy and client risk assessment methodology which, when applied, meets the AML and sanctions risk appetite of DB and enables DB to meet its global and local regulatory requirements;
• An appropriate culture embedded in DB and provide specific technical AML and sanctions training to enable employees to fully understand the AML and sanctions risks that they are responsible for managing; and
• Remediating the Know Your Customer (KYC) files for current client base to the defined standard.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

The Financial Crime Risk Management Function is a Global front office function within Corporate Bank Non-Financial Risk (CB NFR). The primary objective of the team is to support the Corporate Bank by creating a robust control framework embedded in the First Line of Defence (1LoD).

The team's mandate is to identify non-financial risks such as regulatory, conduct and systemic risks, define mitigation processes for those risks, as well as to develop, implement and monitor Level 1 controls. In addition to working closely with the Product, Relationship & Transaction Management, Coverage and Sales teams, the group's reach and interaction will be broad, including engagement within Corporate Bank (CB), and with partners in the infrastructure functions in Second Line of Defence (2LoD) as well as Group Audit in Third Line of Defence (3LOD).

You will be in the Corporate Bank Non-Financial Risk (CB NFR) Financial Crime Risk Management team which is responsible for ensuring risk is effectively managed through the use data completeness and tooling (Account Activity Reviews (AAR/ENPR), Client Risk Rating Management (CRRM), Transactional Behaviour Monitoring (TBM), Sanction Screening & Transactional Filtering). This position plays an integral role in the AML/KYC framework for all Business areas within the Corporate Bank.

This role is to act as a Quantitative Risk manager for key CB Risk tools. To review and identify key control gaps with a view to enhance existing models through a data driven approach.

Role responsibilities

• PMO responsible for driving and executing key change topics including findings on the book of work in CB for Financial Crime, including Sanctions, Client Risk Rating (CRR), Transactional Behaviour Monitoring (TBM) and Account Activity Review (AAR) risk related items, with responsibility for reporting/MI on the portfolio of findings.
• Drive engagement with relevant stakeholders on key risk items and track them to closure. Engage relevant 2LOD AFC team on upcoming regulatory and policy changes and implementation of changes related to Financial Crime Risk policy/procedures across CB businesses. Aid in proactively managing Audit/ CT&A findings and observations, acting as CB engagement support.
• Act as a Change Agent, supporting delivery of Financial Crime technical solutions, including coordinating Business Requirements Documents, User Acceptance Testing, Training and KOP.
• Procure and compile metrics for risk management. Drive/Participate in Data Analytics and MI generation to identify potential trends with a view to enhance existing risk models (AAR, CRR, TBM, Sanctions) through a data driven approach.
• Create concise material and proposals for senior management with an ability to influence and attain endorsement for change requests and present/face-off to both internal and external stakeholders.

Your skills and experience

• 7+ years of experience in Regulated Financial Services organization. 5 years of experience in non-financial risk management domain covering Sanctions/KYC/AML (knowledge of Corporate banking business/products is advantageous).
• PMO with significant experience in coordinating change & transformation, ability to drive change independently and influence senior stakeholders with a focus on best servicing the business
• Strong leadership and management abilities to lead front-to-back risk remediation / regulatory programs and to engage with senior stakeholders across LOD.
• Ability to enrich and interpret large data sets (excel or otherwise) with a view to create meaningful overviews for senior management consumption. Very good research and analytical skills combined with a very good sense of risk awareness, attention to detail, accuracy, diligence, and the ability to deliver high quality results within tight deadlines. - Moderate to advanced user of MS Excel and PowerPoint
• Highly motivated to drive change, self-reliant, adaptable with a structured way of working with high willingness to take responsibility, and ability to deliver highest level of quality under time pressure
• Excellent communication and presentation skills. Excellent analytical, decision-making and problem-solving skills.

How we'll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.