Risk – Compliance Central Services Officer (Associate) recruitment
A Passion to Perform. It’s what drives us. More than a claim, this describes the way we do business. We’re committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients. This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.
Within the Risk area of Deutsche Bank, Risk Operations provides value-added operational services focusing on strategic process re-engineering, data analysis, reporting, and program management. It provides a global coverage model supporting Credit Risk Management, Market Risk Management, Liquidity Risk, Operational Risk Management, Legal, and Compliance.
Risk Operations comprises over 350 experienced staff located in key hub locations providing relationship management, data analytics, and change management skills, supported by a highly scalable offshore data management capability of over 600 staff based in India and a newly created international risk management centre in Berlin with a target of 500 staff by end of year 2012. Risk Operations provides a wide variety of career development and leadership opportunities, and is committed to continually providing staff at all levels with opportunities to take on new and challenging roles.
Compliance Central Services forms part of Risk Operations and provides operational services and change management capability for the Compliance function across the globe.
Key responsibilities of the Compliance Central Services team are:
- Position Reporting - Regulatory disclosure reporting and monitoring of DB's positions in relation to threshold disclosure levels across multiple jurisdictions.
- Anti-Money Laundering Operations - continuous automated monitoring of DB's cash based transactions for potential money laundering activity, and the maintenance of research to support proactive identification of suspicious or inappropriate counterparts or intermediaries.
- Control Room – maintaining DB’s Watch and Restricted Lists, undertaking Chinese Wall crossings, assisting in the detection and prevention of conflicts of interest, research clearance and outside business interest clearance.
- Control Room Operations - provision of ongoing monitoring and surveillance of trading activity against securities on Watch and Restricted lists, and management oversight of the employee trading / brokerage request process.
The Compliance Central Services team is primarily based across 3 regional hubs (New York, London Hong Kong), with offshore support provided by a dedicated team of analysts based in Berlin, Germany and Bangalore, India. This role is for the Position Reporting group in Hong Kong with regional responsibilities for APAC.
Responsibilities
- Investigating potential large shareholding disclosures for the APAC region submitting disclosure filings to local regulators supervisory bodies upon completion of review and analysis. This will involve dialogue with local Compliance, the front office and Operations as well as responding to queries from internal external stakeholders
- Keeping up to date with regional regulatory developments and contributing to industry groups on proposed legislative changes as well as be responsible for procedure manual updates including conducting impact analysis to respond to regulatory changes, new businesses as well as streamlining existing processes, strengthen controls and systems upgrade/improvements.
- Supporting ongoing project work from head office or arising from regional initiatives.
Education / Skills / Experience
- Prefer degree level educated, although candidates with other appropriate technical experience and qualifications will be considered
- Previous regulatory reporting experience in a top-tier investment bank and/or proven track record of relevant Compliance / Legal / consulting/ investigative/ finance experience.
- Thorough understanding of regulatory reporting obligations; good grasp of compliance issues
- Good understanding of investment banking products trading strategies
- Self confident, with strong verbal written communication skills
- Proven attention to detail and good investigative abilities
- Able to cope well under pressure and meet tight deadlines
- Effective team player able to rapidly develop productive networks
- English fluency is a pre-requisite. Additional language capabilities would be an asset but are not essential
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.