Private Bank

Details of the Division and Team:

To lead one of the Center of Competency for key non-financial risks for Private Banking Emerging Markets, with a focus on Cross Border / Multi-shoring, Conflicts, Outsourcing and other new and emerging risks. This role ensures robust governance, advisory, and oversight across these critical risk domains, client services delivered in compliance with global and local regulatory expectations whilst supporting sustainable and compliant growth of the Private Banking business.

The role requires the candidate to lead the competency area for the EM business with Front Office presence across Singapore, Hong Kong, UAE, Kingdom of Saudi Arabia, India. The candidate will be required to steer appropriate outcomes, partner closely with key internal and external business partners as well as transformation team to ensure effective communication of risk management and tool enhancements / process improvements.

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:

• Competitive Salary and non-contributory pension

• 25 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:

 Risk Framework & Governance

• Develop and maintain regional frameworks, procedures and controls, in alignment with group and divisional policies across the relevant risk domains

• Ensure alignment with MAS, HKMA, DIFC and other relevant regulatory frameworks covering the risk areas

• Ownership and proactive management of risk areas including relevant impact analysis of updated or new Policies and Procedures

• Lead key meetings and governance forums covering relevant risk areas where issues are reported and escalated to stakeholders.

 Subject Matter Expertise & Advisory

• Be trusted advisor and provide expert guidance to front office, partnering closely with compliance / 2LoD and Central PB owners as well as support the design and implementation of strategies, change-the-bank projects on tools and platform / process enhancements to ensure continuous improvements, partnering with relevant agile / technology colleagues for delivery for these risk areas:

  • Cross Border / Multi-shoring

  • Conflicts of Interest

  • Outsourcing

  • Data

  • Other emerging risks

 Monitoring & Oversight

• Monitor (and develop where required) Key Risk Indicators (KRIs) and Key Control Indicators (KCIs) across all domains, share results with appropriate stakeholders

• Oversee effectiveness of systems supporting the relevant processes and controls

 Training & Culture

• Lead targeted training programs for relationship managers, investment advisors, and onboarding teams.

• Promote a culture of ethical conduct, transparency, and client-centric risk management.

 Regulatory & Audit Engagement

• Work with local stakeholders to support interface with local regulators / auditors on inspections and inquiries.

Your skills and experience:

• Minimum 10 years' experience in cross border / multi-shoring, conflicts of interest, outsourcing, data, conduct risk or operational risk in Private Banking.

• Has knowledge of local and international regulations (MAS, SFC, DIFC, etc)

• Has knowledge of private banking client profiles and risk typologies

• Has local language (Mandarin & Cantonese) skills

• Has analytical, problem-solving and investigative skills / mindset, detail-oriented and willing to challenge the status-quo

• Familiarity with risk management tools

• Strategic risk thinking with strong execution capability

• Has team management experience and is able to multi-task effectively in a matrix environment, appreciate diversity and follow through assignments within tight schedule.

• Experience in process and project management

• Excellent communication and stakeholder management and influence

• Excellent interpersonal skills and the ability to manage relationships with all levels

• Has client focus and ability to partner with various internal groups

• Display sense of ownership, responsibility and sense of urgency

• Drives results through leadership, people, communication and influence

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.