CB IB Operations & Controls – Regulatory Operations Analyst – Analyst / Associate

Position Overview

Details of the Division and Team:

The Regulatory Operations Analyst, in partnership with stakeholders, is accountable for defining and implementing procedures which provide regulatory operations services for various divisions of the bank and its group entities. Key responsibilities are to work with the bank’s regulatory team to translate regulation into operational processes/procedures assisted with the required development to the bank’s information technology infrastructure; many of the processes are time critical due to regulator stipulated timelines and other deadlines so ensuring completeness is essential.

The Regulatory Operations Analyst may have responsibilities in relation to trade surveillance across all of the bank's five asset classes and contribute to vendor governance and management. Transformation and innovation is a main function when translating regulator requests into system ready changes. They are required to undertake analysis, documentation, testing and some project management skills - all with the focus on risk mitigation, while adhering to local, regional, global compliance policies and external regulatory requirements applicable to the bank.

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:

• Life Insurance
• Accidental Death Insurance
• Permanent Partial Disability Insurance
• Private Medical Insurance for you, your spouse and dependent children
• Flexible working arrangements
• 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement
• Contributions to Employee Workplace Savings "Gosy" plan (for Saudi nationals only)
  
  
  

Your key responsibilities:

Reconciliation:

• Monitoring daily Cash and TF reconciliation.
• Following up on issues relating to reconciliation.
• Maintain appropriate files, reports, documentation, and data.
• Be the first point of contact between Business and Operations.
  
  
  

Static Data:

• Handling client documentation with scanning and filing physical documents.
• Liaising with key partners and stakeholders i.e Compliance, Business, and relevant teams within GTO.
• Provide data related to reconciliation and clints numbers to Finance.
• Monitoring dormant and Nil accounts.
  
  
  

Regulatory Reporting:

In accordance to the Central Bank (SAMA) Deutsche Bank (DB) is required to respond to SAMA inquiries and take action as requested through an electronic platform (SAMAnet-Tanfeeth and Watheeq), physical letters and emails. There is an obligation to perform client relation, transaction, and documentation checks. These checks and reviews are made in strict accordance with SAMA requirements and the Bank’s internal policy.

Others:

• Build and maintain effective relationships with business lines, Compliance, Credit, Management, and other Back Office areas.
• Maintain regular face to face contact with Compliance.
• Ensure all MIS meets business, regulatory and internal reporting expectations.
• Recognise any key emerging risks that may exist within the scope of regulatory enquiries and work with relevant parties to ensure they are flagged and mitigated.
• Report any concerns or suspicious related to financial crimes to local compliance head.
• Provide support to project teams including FATCA / KYC.
  
  
  

Your skills and experience:

• Candidate should have a minimum of 2 to 5 years of business experience
• University education
• Energetic and capable of multi-tasking in a fast-paced environment.
• Willing to continuously invest in learning/training to stay abreast of constantly changing industry trends / client requirements and newer products /processes
• Strong communication skills essential for interacting at all levels across business disciplines, regions and branches.
• Strong problem solving skills/ability to hold clear and concise conversations with internal and external business partners.
• Highly organized individual with attention to detail and excellent ability to execute on deliverable.
• Good understanding of Regulatory & Compliance , internal Risk & Control framework
  
  
  

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, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.