ICM/TFFI Center of Excellence ICM AAR CoE Analyst

Corporate Title: Analyst

Role Description

• The Corporate Bank was set up independently in 2019 and is now at the center of Deutsche Banks new strategy. The Corporate Bank is a leading global provider of cash management, trade finance and securities services, delivering the full range of commercial banking products and services for both corporates and institutions worldwide.
• The ICM AAR CoE team acts as a central function within Institutional Cash Management (ICM) & Trade Finance Financial Institutions (TFFI) for our Correspondent Banking clients. The team is tasked with providing vital levels of KYC due diligence and Financial Crime Risk review and support within the overall Client Lifecycle. As its primary mandate, ICM AAR CoE performs Account Activity Review & Analysis (AAR) as well as transaction related financial crime risk controls. This ensures timely identification and escalation of potential Sanctions & Embargos and Financial Crime & Money Laundering related risks.
• Todays regulatory and compliance environment requires a robust and efficient KYC process and strong non-financial risk management, making the role an important part of the first line of defense within the business.

Your key responsibilities

• Investigates client transactional behavior (Account Activity Reviews) in order to identify and document transactional outliers against expected client transactional activity behavior, in line with Risk Appetite Statement and relevant KODs/KOPs.
• Investigates and analyses alerts output, generated by the firms strategic filters & screening tools, to identify matches that require escalation to the line of business (KYC Officers & Accountable Client Owners (ACOs)) and Anti Financial Crime (AFC)/Compliance and takes part in in-depth discussions as required.
• Documents accurately alert dispositions for all hits and prepares summaries of relevant findings and communicates these to KYC Officers and ACOs.
• Supports the identification and implementation of process improvements and documentation.
• Close collaboration with KYC Officers and ACOs to gain specific market and client knowledge to support the decision-making process around relevance of alerts.

Your skills and experience

• Relevant university degree and/or equivalent professional experience
• Prior knowledge/experience with regulatory and/or KYC related topics
• Prior experience in Banking, ideally with an AML / Financial Crime related background (e.g. AFC, Compliance, Audit)
• Knowledge and awareness of Risks associated with Correspondent Banking
• Ability to filter large volume of data & information for relevance against established criteria