Job
Description
About The Role :
Job TitleRegulatory Filtering Analyst
Corporate TitleAssociate
LocationBangalore, India
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.
What well offer you
As part of our flexible scheme, here are just some of the benefits that youll enjoyBest in class leave policyGender neutral parental leaves100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and above
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.
Leadership & Team Management
Lead, mentor and develop the QA team to ensure high performance, motivation and professional growth.Allocate tasks, set responsibilities and conduct regular reviews of the tasks performed.Foster a culture of accountability, transparency and continuous improvement.Define and implement QA strategies , policies, and procedures aligned with organizational goals.Develop and monitor quality KPIS, metrics, and dashboards.Identify gaps in current processes and drive corrective and preventive actions.Communicate QA progress, risks and issues to senior management and business stakeholders.Drive adoption of modern QA tools, automation frameworks and emerging technologies.
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 FilteringSWIFT Message Format and FieldsSWIFT Payment FlowSEPA Message Structure and Payment FlowISO 20022MS Office (MS Excel, Word and Outlook)Proficient in e mail communicationGood communication skills (Written & Verbal)Ability to support rotational shiftsReady to support on weekends
