Details of the Division and Team
Deutsche Bank’s Wealth Management business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management. As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients.
We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits
Role Description
- Deputy to senior COO based in Singapore for Business Integrity and Coverage areas
- Act as the primary point of contact for Coverage areas to support various front office requests
- Responsible for timely action on topics impacting Coverage (RMs) including audit and regulatory topics
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 benefits plan including virtual doctor consultation services
- Comprehensive leave benefits
- Gender Neutral Parental Leave
- Flexible working arrangements
- 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement
Your key responsibilities
- This role is deputy to senior Business COO and responsible for providing support to all front office teams in APAC which aide in serving the end Wealth clients
- Review and approve exceptions for BAU by evaluating the risks in the GAPS against KOP’s. Approximately 7500 exceptions per annum.
- Review and approve 3rd Party Payment requests and trade processing in a timely manner
- The role also requires engagement with Group Audit, Internal and external regulators on various aspects that affect the business
- Support various Remediation programs including understanding of underlying regulations / internal audit that drive the need for remediation
- Prepare various materials as required for Business / Market head meetings
- Other activities requiring administration and support to COO in the region
- Attend relevant Trainings to ensure good understanding of the subject and be abreast of any updates.
- Escalate issues in a timely manner (non-responsive stakeholders resulting in delays or overdue tasks, any matter that requires Supervisor attention & intervention etc).
Your skills and experience
- Minimum 8 years’ experience in a Private Banking / Wealth Management support function required.
- Strong understanding of Wealth Management products and services and regulatory environment.
- Solid experience in AML
- A Post-graduate/Graduate degree in Finance, Business
- Proven ability to handle unstructured work, and support international senior stakeholders with tight deadlines.
- Excellent communication (verbal and written) and interpersonal skills.
- Strong analytical, problem-solving and strategic thinking skills
- Positive, can-do attitude, proactive self-starter.
- High degree of professionalism, ownership and accountability.
- Experienced in using the following tools – Avaloq, RDC or any tool to screen clients for adverse media
- Certification in AML/CFTC (CAMS) and Risk Management
- Excellent Excel, PowerPoint skills
Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.
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.
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.
