Transaction Monitoring Risk Standards and Adherence Expert

We are looking for a driven and strategic professional whooperateswitha high levelof autonomy within clearly defined product this role you willbe responsible forexecuting fact-based product risk assessments and defining the product roadmap for your scope with theobjectiveof maximizing business value through effective prioritization of product risks.

You will take the lead in setting standards for Financial Economic Crime (FEC) product risk assessments and will be fully accountable for their execution. This includes coordinating activities across teams and managing a wide range of stakeholders with particular attention to key functions such as Compliance and the FCFP organization.

The role requires a strong ability to balance risk regulatory requirements and businessobjectives while ensuring alignment with stakeholder needs. You will provide clear direction drive delivery and ensure high-quality outcomes across a broad and complex product landscape.

The team

Financial Crime & Fraud Prevention is part of COO and is a first line of defense organization and supports the standardization of related processes enhanced controls shared tooling and the optimization of operations across all business lines helping us to achieve a more robust Financial Crime Prevention & Fraud environment that will strongly contribute to INGs overall response towards more stringent regulatory requirements in this area and beyond.

Within Global FCFP we are organized around services: Customer Due Diligence Transaction Monitoring Screening Client Tax Services and Fraud Services. Next to the services there are supporting functions (horizontals) that are critical in enabling the business andmaintainingoversight and control.

Within Transaction Monitoring Servicesand Risk Standards and Adherence (RSA) team the role reportsfunctionallytoRisk Assessment and Scenario Design Leadlocatedin ING Hubsand hierarchically to Head of TM Services.

The Global TMRisk Standards and Adherence Expertis responsible forcontributing to andexecuting the Transaction Monitoring risk assessmentand scenario designprocesses whicharecritical to INGs ability to understand and mitigate FEC risk deter and detect financial crime andcomply withregulatory obligations globally and locally.

Roles andresponsibilities

This role is responsible for identifying FEC risks based on regulations and FATF guidance conducting and coordinating global and local TM Risk Assessments defining riskdriven behaviours andtranslating them into TM scenarios redflag guidance analytics requirements and business specifications while partnering with countries data scientists and Product Leads; acting as gatekeeper for the LineofSight from risks to implemented scenarios; and ensuring strong alignment with the 2nd Line of Defence to continuously mature TM ecosystems globally and locally.

• Provide SMEexpertiseto key projects in AML Transaction Monitoring domain with primary focus on FEC Risk Assessments.

• Review laws/regulations and FATF recommendation toidentifyFEC Risks

• Provide support to countries based on local/country specific regulatory inquires.

• Perform various TM deep dives and Risk Assessments to produce recommendations and solutions.

• Define behaviours that need to be mitigated via TM scenarios

• Define business requirements for TM scenarios based onidentifiedRisks

• Define the red flag guidance for TM investigators based on TM scenarios

• Co-operate with Data Scientist to prepare various reports and analysis

• Prepare requirements for Primary and Secondary Analytics for Transaction Monitoring

• Own severalRSAinitiatives and lead them to successful implementation.

• Be the SME for the Product (Area) Leads during the implementation of the TM Scenarios

• Gatekeeper for both global and country specific Line of Sight from FEC Risk Assessments to implemented RiskScenarios.

• Ensuring alignment with 2nd line ofdefense.

• Driving maturing of local TM ecosystems by supporting global & local TM Risk relatedassessments

How tosucceed
We hire smart people like you for your potential. Our biggest expectation is thatyoullstay curious. Keep learning. Take on returnwellback you to develop into an even more awesome version of yourself.

You are anexpert who will act as a behavioural role model with focus on delivery and content displaying the following behaviours and skills:

• 8 years relevant work experience in large international banking environment with a strong knowledge of Wholesale and Retail Banking products

• 8 years in KYC/Compliance functions with strong knowledge of KYC (CDD Screening and Transaction Monitoring) in general and Transaction Monitoring in specific

• Strong experience in working in a complex global matrix organization with ability to interact with and drive progress amongst senior stakeholders

• Knowledge of the ING organisation products processes and application landscape strongly preferred

• Fluent in English.

• Bachelors or mastersdegree in relevant field like criminology or equivalent workexperience