Senior Officer for Model and Development Team

The Core Transaction Monitoring Controls Team forms part of the 1st Line Financial Crime Transformation, Risk, and Control function and is responsible for advising on and ensuring appropriate controls are identified, implemented, and maintained to manage the bank’s evolving financial crime risk landscape.

We are looking for Senior Office Transaction Monitoring specialists with 5–7 years of experience to join our 1st Line Transaction Monitoring Model and Development team. The role will be based in Warsaw (Poland) or Vilnius (Lithuania) and will involve contributing to a large Transaction Monitoring team spread across multiple jurisdictions, including Copenhagen, Warsaw, and other Nordic countries.

The transaction monitoring ecosystem is a core control area that is critical to the Bank’s fight against financial crime. As a Senior Officer within the Model and Development team, you will play a key role in driving the requirements and design of new scenarios, optimizing existing rules, and identifying when rules have become redundant and should be discontinued. You will also advise on risk mitigation within the transaction profiles of our customers and across the Bank’s products, services, and customers. The coverage of this role extends to include payments, capital markets, and trade finance, as well as other specialized products.

To succeed in this role, you will need not only to have a solid grasp of financial crime laws and regulations but also to have experience and knowledge of translating these into a proportionate and risk-based control environment.

Depending on your experience and knowledge, we may offer you different seniority of the role.

"We know through experience that different ideas, perspectives and backgrounds create a stronger and more creative work environment that delivers better results."

You will:

  • Support the design, delivery and implementation of efficient and effective transaction monitoring scenarios in collaboration with developers and data scientists
  • Be responsible for defining the data requirements and standards for transaction monitoring and ongoing tracking and reporting
  • Support the design and delivery of tuning and optimisation methodologies and the execution
  • Create and manage the TM control library to support the identification and recording of issues for subsequent remediation
  • Work closely with the different business functions to understand the associated transaction monitoring risks of their products, services and customers, which you are expected to target with appropriate control and process requirements in-line with Bank policy and standards, industry expectation and regulatory requirement
  • Drive collaboration with Group Compliance, 1st Line transformation, risk & control teams, operational units, technology and vendors to ensure that appropriate monitoring processes and controls are defined, implemented and maintained to provide adequate and ongoing risk mitigation
  • Conduct regular time and quality reviews of the existing transaction monitoring systems and scenarios to monitor the effectiveness of the existing controls

About you:

  • At least 5 years of experience in the end-to-end transaction monitoring control framework
  • Experience in scenario design, testing, and deployment. As well as, managing projects
  • Experience in analytical monitoring techniques that combine the use of both structured and unstructured data with human behavioural science
  • Knowledge of AML regulations and industry best practices on transaction monitoring
  • Excellent verbal and written communication skills
  • A structured approach to working with a broad and complex portfolio of topics in a fast-paced environment
  • Enjoy building an inclusive culture in alignment with our core value
  • Holding a relevant bachelor’s or master’s degree (professional certification such as CAMS or ICA is highly desirable)
  • Advanced in English both written and verbal

We offer:

Monthly salary range from 3360 EUR to 5040 EUR gross (based on your competencies relevant for the job).

Additionally, each Danske Bank employee receives employee benefits package which includes:
    • Growth opportunities: professional & supportive team, e-learnings, numerous development programs; (incl. professional certificates); 100+ professions for internal mobility opportunities.
    • Health & Well-being: a diverse, inclusive, work & life balance work environment; health insurance from the first day of employment; mental well-being practices; partial psychologist counselling compensation; silence and sleep zones at the office; game rooms.
    • Hybrid working conditions: home office budget (after the probation period); modern Danske Campus workplace developed with anthropologist for the best employee experience.
    • Additional days of leave: for rest, health, volunteering, exams in higher education institutions, and other important activities. Moreover, for seniority with Danske Bank.
    • Monetary compensation package: accidents & critical diseases insurance; financial support in case of unfortunate events, travel insurance; IIIrd Pillar Pension Fund contribution.

Additional days of vacation

Health insurance from the first day of employment

Third pillar pension fund

Free parking & charging ports - cars, bicycles, e-scooters

See all the benefits HERE.

If you're interested in this role and joining my team, feel free to contact me via LinkedIn, and I will answer your questions!

Jordana Clark, Transaction Monitoring - Model Development Team Lead

Apply via:

Send your CV

If you are interested, please send your CV in English no later than 07.04.2023. Confidentiality guaranteed.

Your title in job contract will be Officer - Business Risk & Controls, Senior.