Job Title: Regulatory Cross Product Regulatory Operations Expert
Location: Philippines
Corporate Title: Associate
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 are 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:
- Competitive Salary
- Attractive Retirement Benefit
- Medical and Life Insurance upon employment
- 20 days Annual Vacation Leaves
Your key responsibilities
- External engagement and face off with DB's Regulators in APAC including but not limited to MAS, ASIC and HKMA
- Subject Matter Expert (SME) jurisdictional lead and point of contact for MAS/ASIC transaction, valuation, and collateral reporting. The role involves stakeholder management with Singapore/Australia Compliance and Head of Australia Operations, handling NPA, ASIC 3B reporting and other queries from the regulator (ASIC) and the business. The resource will be also be the lead representative from APAC Reg ops on any MAS/ASIC related projects i.e commodities roll-out for ASIC
- Co-ordination and management of the query through its lifecycle from initial receipt of the query through to final submission/review calls with the Regulator
- As part of the global support model management of non-APAC queries that require a follow the sun model
- Collaboration with multiple functions across the Bank (including product lines within Operations, DCRO, Compliance & Technology) to ensure that DB's response to the Regulator is timely and accurate
- Build and maintain stakeholder relationships (including Senior Management) across the organisation
- Ensure that progress is monitored; risks, issues and dependencies are escalated; findings are made transparent
- Preparation of Management Information to provide required levels of transparency around outstanding queries, response turnaround time and key themes from findings
- Support the Head of RRG by producing clear and accurate power point presentations
Your skills and experience
- Bachelor's degree in Finance, Business or related courses with prior experience from financial services and advance knowledge in different asset classes like rates, credit, FX and equities; Control and Regulatory oversight experience is beneficial.
- Exposure to Derivatives Middle Office function or equivalent, preferably with experience in business analysis and strong risk & control background;
- 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;
- Exposed to work in virtual teams and matrixed organization regionally and globally; effectively maintain, coordinate, prioritize multiple tasks and projects
- Strong leadership and effective stakeholder management skills and the ability to work in a fast-pace environment
Expectations
It is the Bank's expectation that employees hired into this role will work in the Manila office in accordance with the Bank's hybrid working model.
How we'll support you
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
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.
