C&AFC – Country Compliance Manager – AVP/VP

Details of the Division and Team:

Compliance, as a 2nd Line of Defence seek to protect the licenses of Deutsche Bank (“DB”) to operate by promoting and enforcing adherence with laws, regulations, rules, expectations of regulators, the standards of self-regulatory organizations, and codes of conduct / ethics in connection with the Bank’s regulated activities and driving a culture of compliance and ethical conduct in the Bank. Compliance and AFC also seeks to provide independent, proactive and forward-looking challenge and advice to senior managers as well as all employees.
 

The VP/ AVP is responsible for Compliance Advisory to ensure that all relevant policies, procedures, systems and controls are implemented effectively, all relevant legal, regulatory and DB Group requirements are met and any Compliance risks are appropriately addressed and mitigated.
 

In discharging the role, the VP/AVP is expected to:

• Support the Head of Compliance and senior management in managing the relationship with regulators

• Liaise closely with the Compliance team in the region to facilitate all regulatory matters (including inquiries, survey, offsite/onsite reviews, etc) in adhering to local regulations/ laws.

• Facilitate any consultation on new regulations/ risk topics with local regulators, in coordination with the country management.

• Facilitate and coordinate country policies and advise on Regulations in way that is consistent with the local regulations.

• Facilitate all licensing related matters at bank level or individual employees licensing (where applicable).

• Promote the Bank’s risk culture.

What we will offer you: 

A healthy, engaged and well-supported workforce is 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 work arrangement

• Corporate group insurance

• EAP – free and confidential counseling, online work-life resources

• Comprehensive leave benefits

Your key responsibilities:

Responsible for supporting the Head of Compliance and employees of Deutsche Bank Malaysia in understanding and managing all Compliance related issues including but not limited to:

• The application of DB’s ethical standards and professional principles.

• General compliance with the relevant laws, rules, regulations, directives and DB Group standards across the activities and business operating model of the assigned country, that fall under the Compliance risk types.

• Responsible for all compliance issues in relation to Deutsche Bank’s Malaysia activities, via among others, in developing internal compliance policies, and facilitating or assist relevant stakeholders in adhering to regulatory , legal and the Group’s requirement through advisory work, monitoring or training sessions.

• To keep abreast of new products, as well as their implications for respective business areas, via the NPA review and approval process.

• Support in the review and assess the New Product Approval and Vendor Risk Management process where appropriate.

• Support in providing guidance and manage the Cross-Border compliance related matters.

• Advising on the preparation of documentation for regulatory authorities

• Undertake Compliance Risk Assessment and Assurance Testing

• Implement Compliance Training and Awareness Programme

• Handle other ad hoc Compliance projects, duties, investigations or as assigned from time to time.

Your skills and experience:

• At least 10 years’ experience, ideally in similar senior position with extensive experience in Compliance, or a control related function within an international organization or bank in the Financial Services Industry.

• Strong Foreign Exchange Policy Malaysia regulatory knowledge.

• Knowledge of banking products and services - especially in Investment Banking and Foreign Exchange.

• A strong track record in the risk and regulatory matters, ideally including solid understanding of Compliance.

• Strong analytical and problem-solving skills.

• Able to motivate employees and a team player.

• Strong risk management skills, with good knowledge of local regulations and laws.

• Performance oriented.

• Excellent interpersonal and communication skills

• Good command of English, both spoken and written.

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.