Details of the Division and Team:

We are currently seeking a vibrant experienced candidate to join the Hong Kong Corporate Bank Business Line Compliance team as VP. This role presents an excellent opportunity to be part of a regional dynamic team located in Hong Kong which will allow you to grow professionally, gain exposure to global and regional compliance matters, and work hands on with the Corporate Bank business with the aim of protecting the interests of our clients and the integrity and reputation of Deutsche Bank.

This role is within Corporate Bank Business Line Compliance advisory team and has a broad range of responsibilities across an array of compliance related topics including guidance on applicable regulations, reviewing transactions, managing risk assessments, providing compliance advisory, designing compliance programs, monitoring, executing on compliance strategies, finalizing policies and procedures and implementation of global projects. You will gain exposure to the variety of corporate bank business products including Cash Management, Trade Finance, Trust & Securities Services, Corporate Coverage, ESG and Digital initiatives.

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:

• Provide Compliance advice and support the coverage of Corporate Bank Business predominantly in Hong Kong but also APAC on applicable laws and regulations, including the provision of impact analyses, and the development of responses to, and implementation of, new regulations.

• Manage the Hong Kong regulatory relationships as liaison with the Hong Kong regulators, including coordination and management on examinations, handle regulatory enquiries and coordinate timely responses.

• Advise on the application of rules and policies to specific transactions/deals and general business activities based on an understanding of business strategies and product portfolios.

• Assess new business initiatives, new product and new transaction approvals and processes for consistency with regulatory requirements.

• Ensure global and local Compliance policies and procedures are reviewed and updated on a timely basis, incorporating regulatory changes and industry best practice.

• Provide support to the Business on cross border transaction and businesses. This will require good interpersonal skills to deal with Compliance officers through APAC and the Business located in Hong Kong & APAC, including developing a strong working knowledge of the APAC jurisdictions.

• Execution of ad-hoc and key Compliance project work, and the timely resolution of regulatory or internal investigations and enquiries, communicating the results to our regulators in conjunction with Regulatory Management and Country Compliance, as necessary.

• Conduct regular compliance risk assessments, considering an array of contextual data including regulation, policies, procedures, controls, training and governance structures, escalating and assisting in the remediation of any identified gaps.

• Develop and deliver face-to-face Compliance training (over and above any global computer-based training) to the businesses as requested/required in line with regulatory requirements and annual training objectives. Training ranges from general Compliance inductions to targeted sessions on topics such as cross-border activities, conflicts of interest, and suitability and appropriateness.

• Work with the relevant Business Management to assist in the implementation of agreed remedial actions.

• Maintain a strong compliance culture within the business through regular interaction with the Business, compliance monitoring and conducting face to face compliance training.

• Be actively involved in regional and global initiatives and projects as required.

• Prepare management and governance reports as needed.

• Attend and/or coordinate global and regional calls as required.

• Support the global Compliance Monitoring Programme by providing input on the framework documents and completing verification checks as outlined the in the annual monitoring plan including attending relevant meetings and forums.

Your skills and experience:

• University degree or other closely related professional qualifications

• Experience and current working knowledge of the financial / banking rules and regulations in Hong Kong

• An understanding and current working knowledge of banking rules and regulations, and familiar with the banking practices and regulatory environment in Hong Kong including, E-banking and digital assets, Fintechs and ESG

• Knowledge of Corporate Bank products or ideally having previously held a compliance advisory role, regulatory roles or similar.

• Ability to work independently and collaboratively

• Ability to communicate effectively

• Proactive and strong interpersonal skills

• Able to think analytically, problem solve and undertake research.

• Strong time management skills and attention to detail.

• Ability to manage multiple tasks in a high-pressure, deadline driven environment.

• The ability to build and maintain trusting relationships with other members of the team, as well as other control functions and the business (including senior management).

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.