AFC Modelling - Data Scientist - Associate - Vice President

Deutsche Bank; New York (NY); Hybrid; USD 110,000 - 230,000; Full time

Benefits offered by this job

Diverse and inclusive environment

Competitive compensation packages

Generous vacation and personal days

Job summary

A major global financial institution is seeking a Senior Associate focused on Anti-Money Laundering (AML) for its New York office. This mid-senior level position requires a Bachelor's or Master's degree in Computer Science or related fields and relevant experience in data science and financial crimes. The role involves driving model implementation, executing the AML data strategy, and collaborating with multiple teams. The company offers a hybrid working model alongside competitive compensation packages.

Qualifications

• Bachelor’s/Master’s degree in Computer Science, Data Science or equivalent.
• Previous experience in data science or Model Development.
• Proficiency in financial crime compliance.

Responsibilities

• Drive model implementation from prototype to production.
• Execute the AML Transaction Monitoring data strategy.
• Develop platform reporting statistics and monitor data quality.

Skills

Proficient in Python/Anaconda suite

Experience in Financial Crimes including AML

Strong analytical and judgment skills

Familiarity with SQL and Big Data

Education

Bachelor's/Master's degree in Computer Science or related field

Tools

Relational databases

Data visualization tools

Job description

This range is provided by Deutsche Bank. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$110,000.00/yr - $230,000.00/yr

Direct message the job poster from Deutsche Bank

Senior Associate, Direct Recruitment at Robert Walters - Recruitment Outsourcing

Position Overview

Corporate Title: Associate - Vice President: All Roles to be Considered

Location: New York, NY

Overview:

Deutsche Bank benefits from having a highly experienced and dedicated Anti Financial Crime (AFC) function, which performs a crucial role in keeping Deutsche Bank’s business operations and global financial services clean from financial crime while serving the interests of the Bank and society. Our regional/global matrix structure allows for flexible responses to challenges in the core areas of: Anti-Money Laundering, Sanctions & Embargoes, Anti-Fraud, Bribery & Corruption, Investigations & Intelligence, Monitoring & Screening, and Risk Assessment.

Our AFC Team will provide you with opportunities to learn, grow and define your career. We foster an open, diverse, and inclusive team culture, that is engaged and well-supported for prosperity and enjoyment of a life/work balance.

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

• Drive model implementation (from prototype to production), following rigorous coding, testing, and documentation best practice
• Responsible for Driving and execution of the Anti-Money Laundering (AML) Transaction Monitoring Americas data strategy in line with the Global Data Strategy/Framework
• Develop and evolve platform reporting statistics/data to monitor ongoing model success; perform 'deep dives' to interpret data quality issues, identify remediation and track to resolution
• Represent the group in various data governance forums, and clearly communicate data related issues and potential resolution paths
• Work with Business (1LOD) to understand the products being offered and define specifications/red flags for Transaction Monitoring models
• Review and address open AML TM findings in a timely fashion, work in partnership with AFC stakeholders to develop and drive initiatives that transform and modernize the capabilities and services of Monitoring within the AFC function

How You’ll Lead

• Establish a clear vision and goals for the team, Inspire the team to perform well and achieve business goals; provide guidance and instruction to the team, and coach them as needed.
• Oversee daily activities and progress towards goals, and ensure the team is adequately equipped to perform their duties.
• Prioritize tasks and allocating tasks to the team accordingly. The role will be collaborating across multiple teams within the M&S (Monitoring & Screening) function.

Skills You’ll Need

• Bachelor’s/Master’s degree in Computer Science, Data Science, Management Information System (MIS), Information Management, or equivalent
• Previous relevant experience conducting data science or Model Development in a business setting coupled with excellent programming skills, predominantly across the Python/Anaconda suite (Scikit-learn, Pandas, Numpy)
• Experience in Financial Crimes space with expertise in AML Transaction Monitoring and Advisory, with a deep understanding of transaction monitoring data for various lines of businesses, AML red flags, and AML typologies.
• Proficient in Financial Crime Compliance covering multiple product lines, such as Correspondent Banking, Private Banking, Wealth Management, Brokerage, Trade, and Asset Management.
• Demonstrated experience in Relational databases, Structured Query Language (SQL), Big Data Hadoop, Hive Query Language (HQL), Data visualization tools.

Skills That Will Help You Excel

• Flexible and able to adapt to urgent deliverable timelines
• A positive outlook in a goal-oriented organization
• Able to demonstrate excellent analytical, judgment, and research skills
• Meticulous with a strong attention to detail and the ability to multitask
• Able to interpret complex requirements and work proactively with stakeholders in different organizational units

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 $110,000 to 230,000. 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.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Information Technology and Finance