Transaction Monitoring Model Specialist

Recruiter
DLL Group
Location
Eindhoven / Netherlands, Düsseldorf / Germany, Mechelen / Belgium
Salary
Competitive salary + benefits
Posted
23 Jan 2023
Closes
02 Feb 2023
Job role
Compliance/risk, Financial planning & analysis, Forensic accountant
Sector
Banking and financial services
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Transaction Monitoring Model Specialist

DLL is not your average financial services company. In fact, we are above average in almost every way. With an employee engagement score of 85% (compared to the 72% industry average), it sure seems like we are doing something right. And, while most companies survive fewer than 20 years, 2019 marked our 50th.

We collaborate with manufacturers, suppliers, and businesses in more than 30 countries to enable the acquisition of equipment, technology and software that companies need to contribute meaningfully to their communities. We believe in partnering with our customers to develop innovative and sustainable financial solutions that deliver meaningful value to the world.

At DLL, we are committed to making sure that all people, regardless of their race, ethnicity, gender, sexual orientation, age, religion, physical characteristics, or mental abilities, feel welcomed and encouraged to be their authentic selves. We strive to create an inclusive environment that is reflective of the communities in which we operate. Come see what all the excitement is about.

Are you interested in a position that focuses on the continued enhancement of the Transaction Monitoring models within the bank. As the Transaction Monitoring Model Specialist, you will ensure the Transaction Model complies with the latest standard and are tuned and enhanced to fully cover the transaction risks globally.

Day to day

  • As a Transaction Model Specialist, you will ensure that there is an appropriate Anti-financial crime coverage by improving existing TM models to mitigate existing or future ML or Financial Crime risks
  • Supporting ongoing standardization and continuous improvement in TM Model Management organization, framework and processes.
  • Develop models to mitigate financial crime and Money Laundering risk. You will be supporting the end-to-end model development and implementation process.
  • Providing operational and continuous oversight over DLL’s TM Model and related Model Life Cycle processes
  • Maintaining insights in how TM is organized across the DLL country network
  • Assess if the TM Model is still aligned with the current legislation, with DLL policies and with the Risk appetite of the bank.
  • Responsible for maintaining and updating TM model documentation, maintaining, and updating procedures and processes related to systems optimization methodologies, AML risk coverage assessments and calibration/tuning execution procedures.
  • Prepares Model change control documentation.
  • Providing input for prioritization and planning regarding TM model maintenance, validation and enhancement
  • Be a key player in the measuring of the performance and tuning of DLL’s TM risk rating and client screening models. This position will participate in model reviews and validation
  • Maintaining a close relationship with relevant stakeholders such as the model developer, Compliance and the Business.

“We lead the way in meeting the need for flexibility and transparency which our customers increasingly expect.”

 Essentials

  • Minimum of 3 years of experience required obtained in 1st or 2nd line AML compliance with an emphasis on AML model management and AML model optimization in a financial institution of a similar size.
  • Experience with translating regulatory requirements into functional designs and/or processes around TM controls.
  • Must have detailed knowledge of AML/CTF and Wwft as they relate to a commercial financial institution.
  • Must possess a working knowledge of Transaction Monitoring risk rating systems, maintaining system documentation, system reporting, tuning and optimization.
  • Familiarity with model risk assessment and management and proven experience in developing and maintaining risk models.
  • Ideally, you have some experience with change management and presenting your ideas to stakeholders
  • 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.

Extras:

  • CAMS certification or equivalent
Settling in

At DLL, we are many things. We are team members. Family members. Community members. We are members of society. Members of different cultures and nationalities. Members of change. We each have different beliefs, different passions, different viewpoints, talents, and interests. We come from different backgrounds, cultures, nationalities, and histories. But for all of our differences, we share one thing in common: Each of us are members of DLL. Our company was founded in the Netherlands. But today we are truly a multinational business. We span more than 30 different countries and represent over 40 different nationalities across the globe. Our unique culture is rooted in higher collaboration, less hierarchy and an honest directness that enables us to integrate, ideate and innovate across country lines. Many companies say they are European, North American, South American, Asian, or Australian. At DLL, we are all these places and more. We are a crosscultural collaborative – an interconnected network – that comes together every single day with one goal in mind: Partnering for a better world.

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
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 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

These are the things that matter to our members and the wellbeing of our members matters to DLL!

Good to know

  • Deadline for applications: January 29th
  • The selection process may involve an assessment
  • Applications via email will not bereviewed. Please apply online via our career website
  • #remote
  • #IND123
  • DLL’s referral program applies
  • For more information, you can contact Joep Staps, Talent Acquisition Partner via joep.staps@dllgroup.com

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 advise Human Resources if you require accommodation in accordance with our values and all applicable legislation.

DLL appreciates the time you spend applying to our openings. We advise only those who qualify for an interview will be contacted. Hiring is subject to successful completion of a background verification and integrity check.

For further information, and to apply, please visit our website via the “Apply” button below.

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