Private Bank - Divisional Risk & Control Officer, AVP

0781 Deutsche Bank Aktiengesellschaft, Filiale Singapur; Singapore; Hybrid; SGD 90,000 - 130,000; Full time

Benefits offered by this job

Flexible benefits

Comprehensive leave

Parental leave (Gender neutral)

Hybrid work

25 days annual leave

Continuous learning

Job summary

Deutsche Bank Singapore is seeking a Regulatory Affairs professional within the Private Bank DCO to coordinate risk and regulatory analysis across EM, engaging with a wide set of stakeholders including COO, Transformation, Technology, Compliance and AFC.

The role focuses on interpreting new regulations, performing impact assessments, and supporting governance through regular updates and reports, with a strong emphasis on AI-enabled productivity in a hybrid work environment.

Qualifications

• University graduate with wealth management or private banking experience.
• 3–4 years of regulatory analysis, risk & controls experience.
• Experience producing reports and presentations with MS Office.

Responsibilities

• Maintain Regulatory pipeline for PB EM by coordinating with regional stakeholders on applicability assessments.
• Create high level interpretations via Brief Overviews and update on Consultation Papers and Regulatory Circulars.
• Support impact analysis of Regulations and assess impact on PB model and processes.
• Assess relevance of regulatory developments for PB, working with regional/global stakeholders.
• Prepare status updates on regulations for PB Regulatory Affairs governance forums.
• Support wider DCO activities: monitoring and QA of risks & controls, scenario analysis, risk reviews.

Skills

Regulatory analysis

Change management

Operational risk

Compliance

Risk & Controls

PowerPoint

Excel

AI tools

Multitasking

Communication

Education

University degree

Tools

MS Office

Co-Pilot/AI tools

Job description

Job Description: Details of the Division and Team:

Private Bank (PB) Divisional Control Office(‘DCO’) Team is part of the PB (1st Line of Defence) Business and is responsible for coordinating Risk & Control advisory, assessing & interpreting New Regulations & Regulatory Consultation Papers, Risk & Control Assessments, Operational Risk, Reputational Risk and key Risk and Control projects and initiatives. PB Emerging Markets (EM) DCO team works closely on Risk & Control related tasks with business and control functions like COO, Transformation, Technology, Operations, Compliance, Legal and AFC, regionally and globally. Within the PB EM DCO team, ‘Regulatory Affairs’ is one of the key areas handled, which entails competently addressing Regulatory changes throughout the entire lifecycle of the legislative process – starting from the early phases in the development of individual regulatory plans (Consultation Papers), to carrying out the Interpretation of new Regulations, once these are issued by the Regulators. This is then picked up by the Transformation & Change team for gap analysis & implementation. The close integration of the various teams and their regulatory expertise creates a coordinated and efficient regulatory governance structure, along with the capability to meet today’s expanded challenges in all the areas that continue to be focused by the Regulators.

What we will offer you:

A healthy, engaged and well-supported workforce are 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 benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Hybrid working arrangements
• 25 days of annual paid leave, plus public holiday
• A culture of continuous learning to aid progression

Your key responsibilities:

• Responsible for maintaining an up-to-date Regulatory pipeline for PB Business in EM by coordinating with relevant stakeholders in the region on applicability assessments.
• To support on the creation of high level interpretation via ‘Brief Overviews’ and assisting in compiling regular updates on Consultation Papers, Regulatory Circulars & Best Practice Guidance Papers etc.
• To support on impact analysis of Regulations via ‘Interpretation and Impact Assessment’ document including regulatory requirements and its impact on PB business model and processes.
• Assess the relevance of regulatory developments (including extra-territorial impact of global regulations to EM) for PB business, working closely with all relevant stakeholders in the region/ globally.
• Support on preparation of status updates on relevant regulations/ regulatory projects for PB Regulatory Affairs related governance forums.
• To support on the wider DCO activities such as Monitoring and Quality Assurance of Risk & Controls (including Reputational risk related), Scenario Analysis, Risk & Control assessments and key Risk & Control related reviews and projects.

Your skills and experience:

• University graduate with prior and relevant Wealth Management /Private Banking experience of around 4 years - in Operational Risk, or Compliance, or “Regulatory assessments”, or Risk & Controls or in a comparable internal control function related to Wealth Management / Private Banking, in coordination/ execution roles.
• Good knowledge of and keen interest in Regulatory analysis and/or Change Management related to Regulations, coupled with at least 3-4 years of relevant experience in this area.
• Relevant experience in Risk & Controls related function, with exposure to the broader Non-Financial Risk elements.
• Experience in producing reports and presentations with MS Office programmes (in particular, PowerPoint and Excel) and preferably in using ‘Co-Pilot’ or similar AI tools.
• Strong analytical skills with multitasking abilities and good workplace organisational skills to be able to set priorities correctly and meet the specified deadlines.
• Outgoing team player with good communication skills to be able to moderate and handle engagements.
• 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.

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 globally and in Singapore. 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. 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. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing our lasting success and financial security. More information at: Deutsche Bank Careers (db.com)