C&AFC – Markets Compliance - VP

Deutsche Bank AG, Hong Kong Branch; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Non-contributory pension

20 days annual leave

Life assurance

Private healthcare for you and family

Retail discounts

Job summary

Deutsche Bank AG, Hong Kong Branch is seeking a seasoned Global Markets Compliance professional to advise the business, monitor controls and report to regulators. The role covers HK FIC activities, cross-border transactions and regulatory change management.

You will deliver regulatory training, review new initiatives and transactions from a compliance perspective, and collaborate with Asia teams to strengthen the control framework while applying responsible use of AI tools.

Qualifications

• 5+ years of experience in financial services compliance.
• Experience with Hong Kong rules & regulations for capital markets.
• Excellent written and verbal English communication; Chinese is a plus.

Responsibilities

• Provide compliance coverage for HK FIC business including FX, Credit, Rates and structured products for institutional and corporate clients.
• Offer timely compliance and regulatory advice to the business and related support functions.
• Evaluate applicability of regulations, identify risk, and assess impact of changes with stakeholders.
• Review and sign off on new business initiatives, products, and transactions from a regulatory view.
• Deliver training on regulatory requirements and internal policies to staff.
• Prepare internal management and regulator reports within required timelines.
• Investigate alerts from surveillance and ensure regulatory compliance with relevant rules.
• Support cross-border transactions and collaborate with Compliance teams across Asia.
• Assist updates to business policies and provide challenge to the control framework.
• Lead or participate in regional/global projects and industry groups.

Skills

Regulatory compliance

Fixed Income knowledge

HK regulatory knowledge

AI tools usage

English communication

Chinese language (optional)

Tools

RegTech platforms

Job description

The key functions of this role are to provide support to the Global Markets Compliance team by (i) providing professional, timely advice and guidance to the business (ii) ensuring adherence to Bank policies and procedures, and relevant legal/regulatory frameworks; (iii) reviewing, monitoring existing controls and performing risk assessments, and (iii) preparing reports/reviews for business, Compliance management and the regulators.

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:

Competitive Salary and non-contributory pension

20 days annual leave plus generous number of public holidays

Life Assurance and Private Healthcare for you and your family

A range of flexible benefits including retail discounts, gym benefits, wellbeing incentives

The opportunity to support a wide ranging CSR program plus take volunteering leave days

Your key responsibilities:

Reporting to Head of Global Markets Compliance in HK, this successful candidate will provide compliance coverage for HK FIC business including but not limited to FX, Credit, Rates and structured products to Institutional and corporate clients.

Provide timely compliance and regulatory advice for the businesses and associated support functions, including advice on existing and new Hong Kong rules & regulations.

Evaluate the applicability of the relevant regulations, identify the compliance risk and assess the impact of regulatory change by working with business and other support functions to establish and maintain effective control mechanisms.

Review and sign off new business initiatives, new product and new transaction approvals and processes from a regulatory perspective.

Deliver training on regulatory requirements and internal policies to business and support staff.

Prepare / review internal reporting to management and regulatory reporting to regulators.

Review and investigate alerts raised by the surveillance team and work with the business to ensure compliance with applicable regulatory requirements.

Provide compliance support on cross-border transactions and business activities, working closely with Compliance colleagues across Asia and other regions.

Assist the business to update the relevant business policies and procedures and provide credible challenge to the control framework.

Work on regulatory enquiries, surveys and inspections related to the businesses.

Lead or be involved in regional and global initiatives and projects as required.

Participate in industry groups relevant to Markets business topics/issues.

Your skills and experience:

Knowledge of regulatory and compliance requirements, especially those related to Fixed Income

At least 5 years of relevant experience with a financial institution covering Fixed Income

Ability to work independently and collaboratively

Strong analytical skills, detail-oriented, quick study

Team player

Excellent verbal and written English skills are a must

Fluency in Chinese will be an added plus

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

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