Compliance - Compliance Controls Testing - Associate \/ Assistant Vice President

  • Competitive
  • Singapour, Singapore
  • CDI, Plein-temps
  • Deutsche Bank APAC
  • 20 sept. 17

Compliance - Compliance Controls Testing - Associate \/ Assistant Vice President

At Deutsche Bank, good compliance is everybody's responsibility. The Compliance department's core functions support good compliance practice to prevent and detect violations of all applicable laws, rules and principles that observe high standards of individual behaviour and business conduct.

Working closely with the business, compliance professionals ensure that our risk based programme is both globally effective and locally anchored to our key divisional businesses. As an independent and robust second level control function, the Compliance Department seeks to manage compliance risk and deepen the culture of compliance at Deutsche Bank through the development and management of strategies that are sustainable and increases the trust of our clients.

Position Overview


Deutsche Bank is one of the world's leading international financial services providers with over 100,000 employees in 73 countries. The operations of Deutsche Bank comprise the following business groups:

  • Global Markets
  • Corporate Investment Banking
  • Private and Business Clients
  • Asset Management

Deutsche Bank in APAC has nearly 18,000 employees across 16 financial markets.

The Compliance, L2 Compliance Controls Testing (CCT) Associate will be responsible for being part of the Compliance interface for all matters pertaining to the Bank's Compliance Controls Framework (CCF).

The primary objectives of the CCT Associate is to support the following activities:
  • Conduct effective, objective, risk-based controls testing in order to provide assurance that Deutsche Bank is in Compliance with regulatory requirements and Bank policies and procedures;
  • Highlight real and potential regulatory deficiencies to Deutsche Bank stakeholders;
  • Assist in reducing the risk of public or private regulatory censure or other sanctions against the Bank; and
  • Identify and remedy any behaviour or activity that may have a detrimental effect on the Bank's customers.

The Role:

The key responsibilities for the role include:
  • Collaboration with various Compliance stakeholders to ensure the implementation of adequate and effective controls testing programme for APAC that meet both BaFin and local regulatory requirements;
  • Supporting the execution of the testing programme for L1 controls, potentially including reviews at the non-hub offices; the opportunity for travel to other jurisdictions may be available
  • Ensuring that all issues raised in CCT have adequate remediation plans that are tracked and escalated promptly and appropriately;
  • Developing relationships with the relevant Business Management offices, Divisional Control teams and Infrastructure functions;
  • Sharing best practice and learnings with CCT colleagues globally;
  • Assisting in the development and maintenance of appropriate Management Information to inform Senior Management of pertinent matters, in line with global Deutsche Bank/Compliance/CCF/CCT standards;
  • Liaising regularly with relevant businesses, Business Line Compliance and other colleagues to remain abreast of developments as it pertains to CCF/CCT; ensuring stakeholders are aware of the likely impact on the controls testing programme and implementing changes where necessary; and
  • Assisting in any ad-hoc projects and tasks as necessary.

Qualifications and Personal Attributes:
  • A minimum of 3 years testing, Compliance, auditing or regulatory risk management/advisory experience within a financial institution, regulator and/or similar environment;
  • Educated to degree standard - relevant professional qualifications a plus (e.g. CPA, CFA);
  • Fluency in spoken and written English is essential.
  • An ability to influence and communicate clearly and effectively on regulatory matters to key stakeholders at all levels in a variety of media;
  • Strong collaborative team player receptive to exchange of ideas and constructive criticism;
  • Good knowledge of banking and securities laws, regulations, directives and regulatory expectations;
  • The drive, discipline and enthusiasm to work independently under pressure and within tight deadlines with no loss of accuracy;
  • Proven analytical and problem solving skills;
  • The ability to generate innovative ideas and challenge the status quo;
  • Multi-cultural awareness and sensitivity; and
  • Sound judgement, alongside strong organisational skills, including an ability to prioritise effectively.

Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.

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.