Regulatory Control Senior Advisor, AVP

Regulatory Control Senior Advisor, AVP

Position Overview

Job Title : Business Supervisory Office - Regulatory Control Senior Advisor, AVP

Location : Mumbai, India

Role Description

As a support role in the Business Supervisory Office (BSO) team, you will ensure that,

The US Private Banking Business is compliant with local rules and regulations in transacting business for its clients. You shall also assist in reviewing that all business transacted for the clients are in their best interest (i.e. compliant with the Reg BI rule) and in line with their Suitability and risk profiles.

This requires reviewing and providing disposition for daily trade alerts generated via the Surveillance systems implemented, analysis of trade related data and identify any themes that revolve around market manipulation, which in turn would need to be escalated to relevant onshore stakeholders (i.e. review compliance with applicable Market Abuse Regulations).

In addition, it also requires assistance to onshore stakeholders with Transaction Monitoring including the review of all domestic / cross-border wire transfers executed by the client with the sole objective of ensuring that there is no suspicion of potential money laundering.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy

Best in class leave policy

Gender neutral parental leaves

100% reimbursement under childcare assistance benefit (gender neutral)

Sponsorship for Industry relevant certifications and education

Employee Assistance Program for you and your family members

Comprehensive Hospitalization Insurance for you and your dependents

Accident and Term life Insurance

Complementary Health screening for 35 yrs. and above

Your key responsibilities

Assist in carrying out supervision of the US Private Banking Business to ensure compliance with applicable rules and regulations

Daily, Weekly, Monthly, Quarterly surveillance report creation and review support of WM accounts and transactions, as part of 1st Line of Defense reviews. This consists of Brokerage and DPM account activity including trades, journals, portfolio holdings, solicitations, etc.

Assist in the surveillance of capital market trades i.e. analyze trade alerts to identify relevant Market Abuse themes such as front running, pump and dump, market manipulation etc.

Administrative support of trading system ad hoc reporting and alert review of trade and account surveillance

Review of documentation by client-facing partners describing their interactions with clients and the resulting transactions under the Reg BI rule

Verify the trades executed are in the best interest and in line with the suitability (i.e. risk profile) of the client

Assist branch management with special regulatory ad-hoc projects

Brainstorm on potential new controls / processes and assist with transitioning and documentation

Support the Marketing Review Group facilitation of Forms & Agreements for Wealth Management

Supporting the GBSA / Volcker administrative tasks and reporting

Maintain knowledge of AML risks and applicable regulations from a US perspective

Analyze cross-border customer transactions to determine whether the transactions are in line with the anticipated activity for the client or if there exists reasonable suspicion of money laundering

Assist in reviewing customer transactions to identify any money laundering flags and rapidly dispose of them along with escalating cases which require further review

Research entities and / or individuals using both public domain and database search services.

Assist with the maintenance of existing Key Operating Procedures and the development of new Key Operating Procedures covering different processes / controls owned and executed by the BSO

Coordinate with and support business divisions and / or infrastructure functions in executing their responsibilities in improving the quality of the data and any data quality remediation actions.

Participate in internal reviews by Group Audit and Compliance Testing & Assurance (CT&A).

Assist in any added projects / process

Your skills and experience

Skills You'll Need

8 years+ of Regulatory and Brokerage Trade Surveillance and Transactions monitoring experience

Expertise in MS Excel, data manipulation / visualization tools like Salesforce Tableau

Strong understanding of regulatory rules, analytical ability to interpret surveillance reports, and insight to propose new processes and reports

Prior experience with regulatory, audit, and compliance exams is preferred

Experience with PM1, SunGard / FIS Protegent Surveillance tool (equivalents like LZ Sentinel, Aladdin, Charles River, JPM Trac, etc.) and SunGard front-end systems such as NetX360 is a plus

Hands-on automation tools including MS Co-Pilot will be preferred

Strong understanding of Private Banking AML risks and knowledge of Financial Crime regulations

Experience in the financial services industry and / or BSA / AML regulations with sound banking knowledge of product and service offerings

Ability to co-ordinate with multiple stakeholders and manage projects / tasks on an end-to-end basis

Skills That Will Help You Excel

Excellent communication skills, both written and spoken

Critical thinking

Self-Motivated

Detailed Oriented

Ability to stay on track to strict reporting schedules and deadlines

Independent decision-making skills with understanding of when to escalate

Adobe experience a plus

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

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

About us and our teams

Please visit our company website for further information :

We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Skills Required

Tableau, charles river , Ms Excel, Salesforce