Assistant VP

Details of the Division and Team: Deutsche Bank's Private Banking business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management. As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients. We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits. This role will be part of Global Functions under the Operations team. 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: 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: Oversee the regulatory reporting performed by the team and by the vendor on behalf of IPB APAC. Conduct reviews on all regulatory reporting requirements to ensure compliance with regulation in each jurisdiction (Completeness, Accuracy, Timeliness). Manage changes as required on issues flagged out on the reporting. Ensure that all new regulations and changes to existing regulations are identified and properly implemented in the bank. Provide assurance that effective processes and controls are in place to manage and perform the Regulatory Reporting tasks. Liaise and work in collaboration with counterparts in the different regions to ensure consistency and harmonization of approval on global issues. Escalate issues / red flags identified, which may result in late or incorrect regulatory submission to senior management for resolution and remediation. Participate in methodology reviews and implementation of any methodological changes. Participate in system enhancement IT and support process improvement projects. Your skills and experience: Minimum 5 - 7 years of operations experience in the banking and financial sector. Individuals will require transaction reporting and/or regulatory reporting experience Good understanding of HKMA / MAS / BaFin / EU (i.e. MIFIR) / US regulatory requirements Familiarity with the requirements under the Common Reporting Standards (CRS) / FATCA Subject Matter Expert within the field of relevance e.g. Regulatory, Operations processes. Undergraduate degree from an accredited college or university Expert-level analytical skills, flexible regarding production problem solving. Experienced in effectively communicating with and positively influencing stakeholders and team members. Excellent communication skills. Fluent in English. Displays a high degree of control awareness, attention to detail and focuses on providing quality output. A strong team player and ability to work under pressure against tight timelines. The ability to take ownership of process, escalation and client query management. The ability to work in a fast-paced banking environment managing multiple priorities. Open minded, able to share information with peers and stakeholders within division and across divisions and regions. 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 We strive for a culture 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.