Description
Transaction monitoring is an essential element of the Anti-Money Laundering (AML) policy within Deutsche Bank (DB). As an Associate in FCO APAC L1 TM, you will review transactions within APAC TM alerts to identify any ML/TF cautionary flags, evaluate the risk, and dispense to close or escalate cases which require further review by the next level.
You will be expected to display expertise in evolving AML typologies and may be called upon to deliver results in areas such as training, evaluating, and setting process controls, QA gap analysis, KOD review & adherence, and audit point mitigation.
Key Responsibilities:
- Review alerts as per KODs and set high standards in individual KPI delivery on timelines, QA, and productivity
- Evaluate alert generation data as per product criteria regularly to check for anomalies
- Escalate any data anomalies to stakeholders and work with related offices to assist in resolution
- Evaluate/assist in evaluation of volume trends, procedures, QA feedback, audit findings, and recommend/create action plans for training, procedural enhancements, and audit gap mitigation
- Evaluate alert handling workflow to explore process automation/Robotics benefits
- Provide support/assist AVP in overseeing the team's production lifecycle, MI preparation, UAT testing, and/or any associated process activity as tasked
- Assist with internal, external audits, and regulatory inspections, when required.
Benefits:
- Best-in-class leave policy
- Gender-neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender-neutral)
- Flexible working arrangements
- 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
- Complimentary Health screening for 35 yrs. and above