Country/Region Head - Transaction Surveillance

Job ID: R0321780
Full/Part-Time: Full-time


Regular/Temporary: Regular
Listed: 2024-04-18


Location: Jaipur

Position Overview

Job Title: Country/Region Head - Transaction Surveillance Corporate Title: Director Location: Jaipur, India Role Description Introduction Deutsche Bank is committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you\xe2\x80\x99ll discover, our culture supports diverse perspectives, driven by a shared sense of purpose. Overview of the role The individual should be able to deliver on KPIs/ KRIs related to Transaction Monitoring and Messaging Operations. Work with Technology teams to deliver global projects. Work with team members to enable them to progress in their career. Should be an SME across Filtering, Transaction Monitoring and Messaging Ops. This role will be dynamic as there will be frequent Regulatory changes which needs to be adhered. What we\xe2\x80\x99ll offer you As part of our flexible scheme, here are just some of the benefits that you\xe2\x80\x99ll 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 Transaction Filtering/ Sanction Screening/ Transaction Investigation This role is mainly responsible for oversight and management of those groups and has an expert or deep understanding of the business, process and/or product. The core team support a critical control within DB i.e. Transaction Filtering. The activity of your teams will range from managing dispute processes, reviewing and clearing transaction alerts, conducting financial crime investigations, submitting SARs, and quality control

Business Process Operations is responsible for driving the planning and the day-to-day management of the business to align with the bank\'s mission and strategic goals. Operations set the direction and manage performance to bank targets with a focus on continual performance improvement. Regulatory and Compliance Maintaining relationships with relevant internal and external stakeholders including regulators, market vendors and internal divisions. Balancing the need to keep financial crime levels within risk appetite, as determined by Risk & Compliance Committee, with delivering the highest level of service to our Clients. Team Handling The Director role for TSMO is typically the owner of this department made up of several teams consisting of 250+ staff spread across Jaipur, Pune and Bangalore, hence holds a very critical role. Responsible for the performance of teams, supervisors and individual contributors in that any operational and transactional processes under the teams\xe2\x80\x99 remit are performed within agreed policies and procedures. Risk and Control Ensure that key process and risk indicators, controls, service level agreements and vendor management are adhered to and evidenced, this includes creating a strong culture of risk mitigation and management. Communicating changes to operational requirements and their impact on relevant processes and controls Stakeholder Management Need to partner with various Stakeholders from Business, Technology, Risk and Operations for planning, owning and execution of global projects. Effectively communicate with stakeholders related to Operational changes. Strategic Approach Supporting bank strategy, proactively identifying and managing areas of risk. Business Management Accountability for budgets, vendor relationship and cost management Project Management/Transformation/ Automation Driving transformation and continuous improvement, leading programs or projects. Identifying and prioritizing product and service improvement opportunities and creating plans for implementation. Operations set the direction and manage performance to bank targets with a focus on continual performance improvement. Constantly looking to make manual processes more efficient and increase automation where possible. Line of Defense/ Point of Escalation Act as an escalation point for department, controls, key process and risk indicators. You will be leading a key first line of defense (1 LOD) under operations, responsible for monitoring all activity of our customers for the purpose of preventing, detecting and reporting financial crime. Working closely with our 2 LOD oversight and compliance team to ensure your team is adhering to policies, procedures and risk appetite, quickly able to identify financial crime trends and themes, and amend controls as required. Internal Audit/ External Audit Assists with internal, external audits and regulatory inspections. Your skills and experience

• 18+ years of prior experience in Transaction Monitoring, preferably in Global Transaction Banking,
• You are passionate about fighting financial crime and have an excellent understanding of financial crime risks and have experienced the specific types of financial crime sanctions, money laundering, terrorism financing.
• Equally passionate about providing a great Leadership experience.
• You have worked within a regulated environment and have a good understanding of the Global regulations.
• You must have experience and be willing to engage with external product vendors and payment partners as well as regulatory, law enforcement and industry contacts.
• You take extreme ownership and have proven leadership and management experience and can scale teams efficiently and effectively.
• Developed and maintain procedures which meet regulatory requirements around transaction monitoring investigations.

How we\xe2\x80\x99ll 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: https://www.db.com/company/company.htm Our values define the working environment we strive to create \xe2\x80\x93 diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.