Deutsche bank

Overview

As part of the Regulatory & Client Classification within Regulatory & Cross Product Ops (RCP) team, you will be responsible for understanding and monitoring various US Regulations as well as tactical and strategic analysis and remediation of Regulatory accounts impacting clients eligible for specific US Regulations.

About Deutsche bank

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investm

Requirements & Eligibility

• Over 2-3 years of direct experience in regulatory compliance, client classification, KYC/onboarding, or a related function within an investment bank, financial institution, or a large corporate environment with exposure to financial regulations.
• Understanding of key financial regulations such as MiFID II, EMIR, Dodd-Frank, etc., with specific knowledge of client classification
• Knowledge/exposure of regulations within an operational or control department within a banking environment, or within a similar operational regulatory function
• Ability to identify issues and assess root causes and provide solutions with a proven level of analytical, problem solving and resource planning skills
• Motivated and self-starter is a must

Key Responsibilities

• Fully understand and be able to provide knowledge of US regulations, such as, CFTC Dodd Frank, SEC Swap Based Securities Dodd Frank, Volcker, Reg W, FINRA 2111, FINRA 4210, Reg D/QIBs, Foreign Bank Certificates, 15a6 and Reg O Business Management etc
• Work with Compliance and Legal on exception and/or escalations cases and see them through to completion.
• Management of daily control reports which includes working with offshore teams to investigate and analyse the exceptions, identify remediation steps, and follow up with internal or external stakeholders until exceptions are resolved.
• Act as a point of contact for internal stakeholders (Front Office, KYC, Operations) for routine queries related to client classification rules and requirements.
• Provide clear and practical guidance on regulatory nuances and documentation needs for classification
• Responsible for creating and/or updating Key Operating Procedures and incorporating new regulatory changes as needed
• Work with Client Onboarding (COB) team members when exceptions are identified to see through resolution
• Training of COB team members for any new regulatory changes