Job Description

Position Overview

Job Title: Senior Payment Behavioral Models Strats

Corporate Title: Director

Location: New York, NY

Overview

Group Strategic Analytics (GSA) is part of Group Chief Operation Office (COO) which acts as the bridge between the Bank’s business and infrastructure functions to help deliver the efficiency, control, and transformation goals of the Bank.

You will work within the Global Strategic Analytics Team and lead a regional model strategy and deployment of Transaction Monitoring. Your team delivers street leading models leveraging both qualitative and quantitative analytics on Deutsche Bank’s clients’ activities. To be successful in that role, you are familiar with the most recent data science methodologies and have a delivery-centric attitude, strong analytical skills, and a detail-oriented approach to breaking down complex matters into more understandable details. You will work in a collaborative global team and focus on people development and career growth.

The purpose of Transaction Monitoring Models is to identify and investigate unusual customer transactions and behavior, to understand if that activity is considered suspicious from a financial crime perspective, and to report that activity to the government. Reporting to the Regional or Global Head of Transaction Monitoring Strats, you will be responsible for defining, implementing, and maintaining the models for transaction monitoring. You will ensure that all relevant criminal risks, typologies, products, and services are properly monitored.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift and volunteer programs

What You’ll Do

• Responsible for the defining and executing the regional model framework for transaction monitoring including coverage, data, model development and optimisation and ensure the regional model strategy is aligned with global strategy
• Lead cross functional teams on large-scale model development and deployment projects
• Become a trusted partner with regional Anti Financial Crime to translate coverage gaps in model design proposals based on data analytics and end-to-end impact
• Support and implement key data initiatives, including but not limited to, data lineage, data quality controls, and data quality issues management
• Ensure monitoring systems and scenarios adhere to all model governance standards and that detailed metrics & reporting are developed to provide transparency and maintain effectiveness of transaction monitoring models
• Identify and assess new and emerging technologies that can be used to enhance DB's detection, through internal or vendor solutions

How You’ll Lead

• Experience managing a team, designing, and deploying quantitative models in a large financial institution, preferably in Front Office
• Represent the function in regulatory discussions, audits, and internal committees

Skills You’ll Need

• Advanced degree (Master’s or PhD) in a quantitative discipline (Mathematics, Computer Science, Data Science, Physics or Statistics)
• 10+ years of hands-on experience in model development, including leadership roles
• Recent and relevant hands-on experience utilizing state of the art Machine Learning and Artificial Intelligence, preferably with experience in a regulatory enforcement environment
• Experience with data and the ability to clearly articulate data requirements as they relate to Transaction Monitoring, including comprehensiveness, quality, accuracy and integrity

Skills That Will Help You Excel

• Strong interpersonal and communication skills with experience in developing and communicating a sound strategy that addresses both short-term commitments and longer-term strategic objectives
• Knowledge of financial products including those related to corporate banking, investment banking, private banking, and asset management

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York City office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $200,000 to $280,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

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