Safeguarding Client Assets and Funds Avp - Bengaluru, Karnataka, India - Deutsche Bank

Deutsche Bank

Verified Company

Bengaluru, Karnataka, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Safeguarding Client Assets and Funds AVP:

Job ID:

R0309582
Full/Part-Time:Full-time
Regular/Temporary:Regular
Listed:
Location:Bangalore
Position Overview:
**Job Title

Regulatory Advisory Senior Analyst, AVP****Location
Bangalore, India**
Role Description

Deutsche Bank is a client-centric global universal bank.

One that is leading change and innovation in the industry - championing integrity, sustainable performance and innovation with our clients, and redefining our culture and relationships with each other.

MiFID II places a
regulatory obligation on firms who hold financial instruments belonging to clients, to implement arrangements to:

Safeguard the ownership
rights of clients, especially in the event of an insolvency.

-
Prevent the use of a client's financial instruments on own account except with the client's express consent.

In this respect, the Group Client Assets Oversight Officers across Deutsche Bank Group is appointing a position to:

Manage and oversee the effectiveness of governance, policies, controls and data management frameworks, designed to achieve compliance with the MiFID II Safeguarding of Client Assets and Funds (SCAF) requirements,
Liaise with the local CAOO, support them and provide information to Group CAOO on the legal entities adherence to the regulatory requirements.

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

Maintains and operates the governance, control and oversight framework, including thirdparty oversight.
Supports the Group CAOO with regard to SCAF reporting.
Drafts, implements and maintains appropriate policies and escalation procedures, and provides oversight to ensure that underlying teams have appropriate procedures and controls to mitigate SCAF risks.
Assesses and responds to the impact of changes in SCAF regulations.
Reviews SCAF reports produced for each inscope Legal Entity.
Organizes the SCAF Risk Forum to review all escalations to determine whether a SCAF breach has occurred.
Designs and consolidates effective risk metrics for reporting to CAOOs. Works with Divisions and Functions to build underlying metrics, including effective KPIs to support effective monitoring of DB's adherence to the regulatory requirements.
Maintains SCAF data quality standards.
Oversees resolution pack production and operates assurance processes over the resolution pack at Legal Entity level.
Advises on any SCAF queries and/or requests for information.
Adheres to and promotes the company values and ethics framework, ensuring that the SCAF Team function operates to the same high standards of conduct.
Interfaces with local SCAF Team members and CAOOs of DBs legal entities.
Promoting regulatory awareness within the COO Organization and Business Division which supports the Bank
Supporting the regional people agenda.

Your skills and experience

Experience in regulatory topics good understanding of BaFin requirements
Analytical skills, flexible regarding production problem solving
Excellent communication skills, fluent in English and local language (written/verbal) as appropriate
Able to work in virtual global teams and a matrix organization
Ability to work in fast paced environment, keep pace with technical innovation and maintain a broad understanding of the COO offering
Open minded, able to share information, knowledge and expertise with peers & team members
Excellent organizational skills with the ability to manage and prioritize multiple tasks
Excellent communication skills including negotiating and influencing skills
Proven track record of delivering operational change / supporting operational/regulatory projects
A good understanding of Banking securities industry and regulations Broad Banking/Financial Services industry experience

Education / Certification
Master Degree from an accredited college or university (or equivalent) &/or relevant practical experience.

Business Competencies