Model Specialist Financial Economic Crime

Are you interested in a position that focuses on the continued enhancement of Financial Economic Crime (FEC) risk models within the bank. As the Model Specialist FEC you will ensure the FEC Risk Models, screening and monitoring models, comply with the latest CAMS (CDD, Anti Money Laundering, and Sanctions) Standards and are tuned and enhanced to fully cover the FEC risks globally.

Fighting financial crime within DLL and providing excellent service by contributing to a safer and more secure financial system, that is what our FEC team does. The FEC team is in the 1st line of responsibility (1LoR), and we work closely together with the 2nd line of responsibility (2LoR), our Financial Crime Compliance team. Most of the team works from our headquarters in Eindhoven where we support the regions and countries DLL has offices in, and some team members live elsewhere in Europe. We are proud that our FEC team has over 10 nationalities and shows that within DLL you can truly be yourself.

Find out more here about how you can unleash your full potential at DLL

Day to day:

• As a Model Specialist FEC you will ensure that there is an appropriate AML or other anti-financial crime coverage by improving existing models to mitigate existing or future ML or Financial Crime risks
• Design and optimize client screening and transaction monitoring models DLL uses to screen our relations and monitor large volumes of transactions. You revise parameters and thresholds in screening and monitoring models and come up with challenger configurations. You will analyze recurring false positives and formulate corrective measures to enhance efficiency.
• Develop models to mitigate financial crime and money laundering risk. You will be supporting the end-to-end model development and implementation process.
• Providing continuous oversight over Model Life Cycle processes.
• Assess if the models are still aligned with the current legislation, with DLL policies and with the Risk appetite of the bank.
• Responsible for maintaining and updating FEC model documentation, maintaining, and updating procedures and processes related to FEC systems optimization methodologies, FEC risk coverage assessments and calibration/tuning execution procedures.
• Prepares model change control documentation.
• Ensure that the requirements of stakeholders are translated into appropriate and feasible model solutions and incorporated efficiently.
• Be a key player in the measuring of the performance and tuning of DLL’s risk rating, client screening, and transaction monitoring models. This position will participate in model reviews and validation.

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.
• Click this link for an overview of all the benefits in your region.

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

Essentials:

• An academic degree (MSc or PhD) in Data Science, Computer Science, Econometrics, Mathematics, Physics, or another quantitative/numerical field.
• You must possess working knowledge of SQL and a programming language such as python/R.
• Minimum of 3 years of experience required obtained in 1st or 2nd line in model development or model validation in a financial institution of a similar size.
• Familiarity with model risk assessment and management and proven experience in developing and maintaining risk models.
• Must possess a working knowledge of maintaining system documentation, system reporting, tuning and optimization.
• Knowledge of AML/CTF and Wwft as they relate to a commercial financial institution is preferred.

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

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

Settling in

At DLL, we are many things. We are team members, family members, community member. 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. Our unique culture is rooted in higher collaboration, less hierarchy and an honest directness that enable us to integrate, ideate and innovate across country lines.

Many companies say they are European, American, Asian or Australian, at DLL we are all these places and more.

We are a cross-culture collaborative – an interconnected network – that comes together every single day with one goal in mind: Partnering for a better world.

Good to know:

• Deadline for application: May 4th (Due to high volume of applications this requisition may close prior to posted close date)
• The selection process may involve an assessment.
• Applications via email will not be reviewed. Please apply online via our career website.
• DLL’s referral program applies
• #LI-JOEPS1
• 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 advise Human Resources if you require accommodation in accordance with our values and all applicable legislation.