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Regulatory & Client Classifications, Associate

mid · Risk & Compliance

Regulatory & Client Classifications, Associate

Position Overview

Job Title: Regulatory & Client Classifications, Associate

Corporate Title: Associate

Location: Bangalore, India

Role Description

• The Regulatory Client Classification team within Regulatory & Cross Product Ops (RCP) is responsible for ensuring the accurate implementation of regulatory requirements related to client classification and onboarding processes.

• As part of the team, you will be responsible for understanding and monitoring various APAC/ EMEA/ US Regulations as well as tactical and strategic analysis and remediation of Regulatory accounts impacting clients eligible for specific Regulations. You’ll support and contribute to daily monitoring and control reporting for various Regulations along with being part of a team that works in close partnership with various stakeholders such as Compliance, Legal and the Client Lifecycle Management (CLM) on-boarding teams. 

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

What You’ll Do

• Fully understand and be able to provide knowledge of regulations, such as, CFTC, SEC , MiFID II, EMIR, 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.

• Review and QA sample of Run-the-Bank (RTB) cases to ensure regulations are being implemented correctly.

• 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 for exception management and resolution

• Training of COB team members for any new regulatory changes

• Be able to identify risk and escalate to management

Your skills and experience

• Over 8 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 US regulations like CFTC, SEC / Volker/ FINRA  within an operational or control department within a banking environment, or within a similar operational regulatory function

• Experience working with Compliance, Legal, Client Onboarding, KYC, and Operations teams.

• Proven ability to manage regulatory exceptions, escalations, and control processes.

• Strong analytical, risk management, and problem-solving skills.

• Excellent stakeholder management, communication, and training capabilities.

• Ability to work in a fast-paced, highly regulated environment while maintaining strong attention to detail.

• Knowledge and/or experience in a financial institution. Understanding of the workings of an investment bank and the lifecycle of a trade is a plus.

• Motivated and self-starter is a must

• Ability to think not only in black and white but also be able to think analytically in grey areas by utilizing resources at hand (i.e., Key Operating Procedures, reading through regulations etc.)

Skills That Will Help You Excel

• Knowledge of MS suite of products, including the ability to use basic Excel functions such as pivot tables, VLOOKUPs, etc.

• Competent business user of MS products and Outlook. Internet liberate to enable online searches. Must know MS Excel. Knowledge of Markit ISDA Amend is a plus

• Knowledge of Reference Data Systems and Regulations along with product and end-to-end system knowledge is a plus

Expectations

• It is the Bank’s expectation that employees hired into this role will work in the Bangalore office in accordance with the Bank’s hybrid working model. 

• Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

How we’ll support you

• Training and development to help you excel in your career.

• 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.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.