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CB IB Operations & Controls - Regulatory Cross Product - Regulatory Operations Expert - AVP

Deutsche Bank

Deutsche Bank

Product, Legal, Operations
Singapore
Posted on Tuesday, June 4, 2024

Job Description:

Details of the Division and Team:

RCP is dedicated to supporting our business in their goal to build long-term, sustainable relationships with the Bank’s key institutional clients, while delivering strong returns to stakeholders.

The Regulatory Operations Expert will perform key functions that support and control the business in meeting the Bank’s regulatory reporting requirement; the key focus will be key APAC regulators such as HKMA (Hong Kong), MAS (Singapore), ASIC (Australia) across all asset classes like rates, credit, FX and equities.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

  • Flexible benefits plan including virtual doctor consultation services

  • Comprehensive leave benefits

  • Gender Neutral Parental Leave

  • Flexible working arrangements

  • 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities:

  • Ensure overall regulatory adherence for HKMA, MAS and ASIC transaction regulatory reporting obligations from a timeliness, accuracy and completeness perspective.

  • Supporting local operations in Korea and Japan on KRX/JFSA transaction reporting matters.

  • Responding to Global Markets business on transaction regulatory reporting queries for existing business or NPA (New Product Approval) queries.

  • Partner effectively with technology & development teams to deliver transaction re-writes for MAS/ASIC and HKMA; review project support documents such as business requirements documents, functional specification documents, support operating models and test plans;

  • Monitor exception report and allocate to the relevant teams; track resolution and escalate where necessary; perform control checks to see if trades are reported timely, accurately and completely;

  • Perform root cause analysis or exceptions with investigation & appropriate escalation of any significant issues found through testing, rejection remediation or any other stream to senior management & key internal stakeholders in Compliance, Country Management, and Technology to ensure transparency of our controls within appropriate governance models.

  • Support the design and conceptualization of new business solution options and articulate identified impacts and risks; Manage the issue resolution projects to ensure accurate & timely delivery;

Your skills and experience:

  • Minimum 8 years of relevant experience in APAC regulatory transaction reporting in investment banking operations

  • Proven knowledge of FX OTC Derivatives

  • Proven knowledge of Derivatives Middle Office function, with proven experience in business analysis and risk & control background

  • Minimum a bachelor’s degree in Finance, Business or related courses

  • Ability to work under pressure, understand complex business specifications as well as data requirements and able to work on tight deadlines whilst managing stakeholder expectations

  • Proven experience in working in virtual teams and matrixed organization regionally and globally; effectively maintain, coordinate, prioritize multiple tasks and projects

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply

How we’ll support you:

  • Flexible working to assist you balance your personal priorities

  • Coaching and support from experts in your team

  • A culture of continuous learning to aid progression

  • A range of flexible benefits that you can tailor to suit your needs

  • Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.


We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.