Global Head of KYC Operations
- Recruiter
- DLL Group
- Location
- Eindhoven / Netherlands; Düsseldorf / Germany; Mechelen / Belgium
- Salary
- Competitive salary + benefits
- Posted
- 11 Jan 2023
- Closes
- 06 Feb 2023
- Job role
- Compliance/risk, Financial analyst, Financial planning & analysis, Forensic accountant, Head of finance
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Director
Global Head of KYC
The Global Head of KYC is a critical role in DLL’s commitment to detect, prevent and respond to financial economic crime (FEC) threats and events. The role provides strong 1st Line leadership and strategic thinking to develop and administer the KYC Operations function for the Bank, as well as drive continuous and sustainable change to systems, models, processes and controls. This role is also paramount to ensuring that there is central oversight and governance over the 28 plus countries DLL operates within.
The aim of the KYC Operations team is to provide a proactive, effective, and holistic centre of excellence in the 1st Line to ensure DLL is compliant with Dutch National Bank (DNB) regulatory requirements. Strategically, KYC Operations will together with 2nd Line identify, understand, and present on emerging financial crime risks and typologies, allowing for effective management and prioritization of activities to respond to these both immediately, and structurally through updates to the supporting systems and control environment.
The Global Head of KYC is responsible for creating and managing a highly effective 1st Line AML/CTF program that demonstrates compliance with all applicable laws and regulations and mitigates and manages the Bank’s exposure to financial crime related risks. The role is Netherlands based and is responsible for a team of 20-25 FTE based in the Netherlands that provide 1st line support and expertise to the DLL country network, the CCO domain and group functions; in relation to CDD, Sanctions, transaction monitoring, regulatory change, process management, systems and model management.
AML/CTF Vision and Strategy
- Lead the design and implementation of the 1st Line AML/CTF vision and strategy, in making the process faster, easier and cheaper with a clear customer focus. (ie Focus on Route 95)
- Build and develop a people strategy that allows execution upon the vision - cross functions and locations
- Represent the KYC Operations team in multiple forums, internally and externally, including senior management discussions and key stakeholder meetings across the business, compliance and operations to provide transparency on initiatives
KYC/CDD Advisory and Oversight
- Member of the DLL Global CAMS committee.
- Develop a central KYC Organisation that acts as a centre of expertise for AML/CTF for the DLL country network.
- Oversee the implementation and effectiveness of the KYC program within DLL from a 1st Line perspective to ensure the DLL country network address current KYC risks and remain sufficiently agile to manage anticipated future KYC risks.
- Oversee implementation of Policy and Procedures in the 1st Line by performing periodic QA via Onshore KYC team members
KYC Training, Quality assurance and Target Operating Model (TOM)
- Accountable for the development and roll out of a comprehensive 1st Line AML/CTF training program for the DLL country network in close collaboration with Group HR. Based on Quality results from the countries roll out targeted training.
AML/CTF Systems
- Lead DLL’s 1st Line strategic response to maintaining and updating AML/CTF systems in line with regulatory changes and improvement opportunities.
- Accountable for the global supplier relationship responsibilities for all key AML/CTF monitoring and detections systems (SAS/Rock, Accuity etc)
- Responsible to Co-ordinate with the IT to ensure customer onboarding and due diligence systems remains up-to-date and meet regulatory requirements.
Model Governance
- Accountable for model development in the 1st
- Provide leadership and expertise in adhering to Model Governance requirements for key financial crime models
- Co-ordinate model validation and monitoring activities for CDD, TM, Name Screening and Sanctions Payments Filtering
Leadership
- Provide leadership and strategic thinking to enhance FEC capability and expertise in the 1st Line, with a goal to increase and then sustain capability across functions.
- Educate and mentor business stakeholders in understanding and complying with enhanced due diligence requirements.
- Engage directly with the local KYC country Organization and provide input to develop new and refined processes, systems, and procedures specific to the function.
People and Capability
- Assess and refine staffing models, divisional budgets, training, development plans, and performance assessments to maintain effective and appropriate resourcing.
- Drive and champion a culture of continuous improvement to enable ongoing change to processes, systems and tools.
Transaction Monitoring: Coverage Assessments, Tuning and Testing
- Ensure maintenance and tuning of rules is done in adherence with all local and regional governance requirements through application of strict governance protocols.
- Lead the function to explore and develop enhanced tuning and testing techniques and practices.
- Accountable for transaction monitoring coverage assessments that clearly define the TM risks and controls necessary to maintain compliance within the DLL country network.
Assurance and Management Information Reporting
- Maintain a robust inventory of controls, operational metrics, and reporting, and be responsible for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the established First Line Monitoring Assurance framework.
- Deliver relevant/required reports to Boards, Committees, Group, Management and Business Units as required, including regular Regional CAMS reporting.
All members enjoy
- Two working days per year volunteering for a local charity.
- Health and Wellness program including healthy food, free health checks, fun health & vitality activities.
- Flexible hours with possibility to work from home
- Career development opportunities: online learning, member development programs.
“We not only live up to the expectations of our customers for today, but also anticipate their market needs of tomorrow.”
Essentials:
- 5-10 years of Ist Line FEC experience focusing on KYC/CDD gained at a top tier International Bank which includes 5+ years of experience managing large KYC teams.
- Proven experience in leading and delivering financial crime strategy and/or change
- Experience in advising or working in a compliance function with a focus on delivering a robust KYC/CDD compliance framework
- Master’s Degree in Science, Finance, Business, or a related subject. ACAMS certification or equivalent
- This role requires you to be in our Dutch office in Eindhoven at least twice a week. We are open for candidates living in the Netherlands, Belgium, and Germany. If you are open to relocate to The Netherlands that is also an option.
Choose wellbeing
DLL’s wellbeing ambition is to educate, equip and empower members to build connections, manage their mental, emotional, physical and financial wellness and maintain balance between work and the other priorities that make up their lives.
Our four wellbeing categories are as follows:
- Connection – Build meaningful connections with other DLL members
- Health – Manage mental, emotional and physical health
- Finance – Provide learning opportunities to help members achieve personal financial health
- Lifestyle – Maintain balance between work and life priorities
There are things that matter to our members and the wellbeing of our members matters to DLL
Good to know:
- Deadline for application: February 5th
- The selection process may involve an assessment.
- Applications via email will not be reviewed. Please apply online via our career website: www.workingatdllgroup.com
- #IND123
- #remote
- DLL’s referral program applies
- For more information, please contact our Talent acquisition partner Joep Staps via joep.staps@dllgroup.com
DLL appreciates the time you spend applying to our openings. We advise only those who qualify for an interview will be contacted. Hiring subject to successful completion of a background check.
DLL is an equal opportunity employer. We are committed to inclusive, barrier-free recruitment and selection processes and work environments. If contacted for an employment opportunity, please advice Human Resources if you require accommodation in accordance with our values and all applicable legislation.
For further information, and to apply, please visit our website via the “Apply” button below.
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