Regulatory Control Analyst, NCT

Deutsche Bank; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Best-in-class leave policy

Gender-neutral parental leaves

Childcare assistance benefit

Sponsorship for certifications

Employee Assistance Program

Comprehensive hospitalization insurance

Accident and term life insurance

Job summary

Deutsche Bank seeks a Regulatory Control Analyst in Bangalore to support KYC escalations and ensure compliance with local regulations. The role involves reviewing client risk ratings and collaborating with various stakeholders to manage financial crime risks effectively.

Candidates should have a degree and 2-3 years of experience in financial services, particularly in AFC and KYC. The position emphasizes attention to detail, strong communication skills, and the ability to manage risks efficiently.

Qualifications

• 2-3 years’ experience in AFC or related control functions within a financial institution.
• Strong track record in risk and regulatory matters.
• Expertise in financial crime functions.

Responsibilities

• Review and approve client escalations within agreed SLAs.
• Ensure client risk rating aligns with expectations.
• Assess risk factors from due diligence reports.
• Liaise with CLM for additional information when needed.
• Contribute to the global KYC COE program.

Skills

Strong communication skills

Organisational skills

Interpersonal skills

Analytical ability

Problem-solving ability

Attention to detail

Ability to handle sensitive issues

Proficiency in MS Office (Word, Excel)

Education

Graduate with any stream

Degree or diploma in AML/KYC

Job description

Position Overview

Job Title: Regulatory Control Analyst, NCT

Location: Bangalore, India

Role Description

The candidate will support CB and IB KYC escalations to AFC, collaborating with Business stakeholders, Client Lifecycle Management (CLM) and other AFC functions. The primary focus is to review and approve the risk factors highlighted by the CLM team as part of NCA/EDR/PRs.

Organization

• Deutsche Bank is committed to the highest standards of Anti-Money Laundering (AML), Sanctions & Embargoes, Anti-Bribery and Corruption (ABC) & Anti-Fraud & Investigations (AF&I) and broader Financial Crime prevention.
• All employees must adhere to these standards to prevent misuse of our products and services for money laundering, bribery, corruption, fraud or terrorist financing.

AFC – KYC COE

• Implement a dedicated Centre(s) of Excellence for the AFC element of KYC file review, allowing customers to be reviewed once in a review cycle.
• Achieve economies of scale through a single functional team of sophisticated risk managers under one global leader accountable for AFC KYC file review and sign‑off process.
• Ensure fulfilment of local regulations and regulatory expectations efficiently and risk‑focused.
• Maintain a “follow‑the‑sun” KYC file review aligned with ACO availability.
• Seek opportunities to co‑locate the COE with 1LoD counterparties to strengthen cooperation and relationships.

What We’ll Offer You

• 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 individuals aged 35 and above

Your Key Responsibilities

• Review and approve client escalations for remediation, regular review, new product extensions and event‑driven reviews within agreed SLAs.
• Ensure the client risk rating aligns with expectations and procedures.
• Assess risk factors identified through due diligence provided by CLM.
• Apply subject‑matter expertise to judge relevance and materiality of escalation triggers.
• Engage with appropriate BLAFC specialist teams for further escalation (e.g., local BLAFC, AFBC, Sanctions, BIU).
• Liaise with CLM for additional information or request ACO to conduct further research when needed.
• Document outcomes and rationale clearly within KYC systems or escalated for guidance.
• Ensure KYC reviews comply with KOPs guidelines and processes.
• Contribute to the global KYC COE program by identifying best practices.
• Decide on escalation or further governance review for clients.
• Define and implement strategic TOM in line with local, regional and global standards.

Skills and Experience

• Identify and manage financial crime risks from regular reviews, event‑driven reviews, new client adoptions, and new product extensions.
• Strong communication, organisational and interpersonal skills with confidence to advise stakeholders.
• Proven analytical and problem‑solving ability with meticulous attention to detail.
• Ability to raise sensitive or contentious issues constructively to reach solutions.
• Deadline‑driven and capable of multi‑tasking in a fast‑paced environment.
• Self‑motivated, proactive team player who thrives under pressure.
• Work with diverse stakeholders across all 1LoD and 2LoD, managing expectations without compromising quality.

Experience

• Graduate with any stream and at least 2-3 years’ experience in AFC or related control functions within an international organisation/bank in the Financial Services industry with extensive KYC experience.
• Preferable degree or diploma in AML/KYC.
• Strong track record in risk and regulatory matters, including:
  • Understanding AFC risks and typologies to identify potential risks.
  • Experience with relevant regulations/laws and related circulars.
• Financial Crime function expertise and considered a SME in relevant laws and regulations.
• Flexibility regarding work timings.
• Proficient with MS Office tools (Word and Excel).

How We’ll Support You

• Training and development to excel in your career.
• Coaching and support from team experts.
• Continuous learning culture to aid progression.
• Flexible benefits that you can tailor to suit your needs.

About Us And Our Teams

We strive for a culture in which we are empowered to excel together every day, acting responsibly, thinking commercially, taking initiative and working collaboratively.

We welcome applications from all people and promote a positive, fair and inclusive work environment.