FIC – KYC Business Support - VP

Details of the Division and Team:

As a leading global Investment Bank based in Europe, Deutsche Bank supports institutional and corporate clients as they navigate through rapidly evolving and increasingly volatile markets. The Investment Bank has a comprehensive global offering, providing clients with fixed income and currencies risk management and liquidity provision, leading financing capabilities, and a full suite of origination and advisory services. Fixed Income & Currencies (“FIC”) brings together a top-ranked institutional sales force, world-class research with trading and structuring expertise across Foreign Exchange, Rates, Credit and Emerging Markets.

About the Role

We are looking for a FIC KYC Business Support Analyst to be part of the FIC COO team in Singapore. This candidate should have substantive experience in strategic planning, stakeholder and project management, excellent attention to detail and strong problem-solving skills to be able to drive results across all KYC, Client Perimeter, internal and external audit related deliverables to ensure Front Office is compliant with policy and regulatory standards and remediation deadlines.

As part of the FIC COO team, the candidate will work closely with the Global FIC ACO team, as well as the broader infrastructure partners (e.g. KYC Ops, Middle Ops, AFC, Compliance etc.) in the region and globally. This role will also require overseeing and managing various aspects of the company’s operations to ensure efficiency, effectiveness, and productivity, as well as coordination of FIC’s involvement in regional and global projects. The ideal candidate should have experience in the FIC business in Asia Pacific and a proven ability to drive regional business growth and achieve the broader Global FIC ACO team goals.

The candidate will report to the APAC FIC ACO Regional Lead in Singapore.

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

Strategic Planning Execution:

• Development and implement strategic plans to achieve business objectives

• Analyse recurring pain-points and work with infrastructure partners to drive long-term sustainable solutions

• Where required, formulate and implement divisional procedures to ensure Front Office is compliant with both internal policy and external regulatory deadlines

Stakeholder Management:

• Oversee day-to-day operations and ensure efficiency and effectiveness

• Work closely with FIC Sales and Trading and our infrastructure partners (e.g. KYC Ops, Middle Ops, AFC) to facilitate reviews of FIC’s client regular review population, resolving issues and bottlenecks when required

  • Facilitate the review of FIC’s Client Perimeter, periodically reviewing client accounts that do not meet activity thresholds and support the bank’s ongoing effort to keep our client perimeter lean

  • Manage resourcing conversations with KYC Ops Management, including discussions around budget and personnel challenges to minimise impact to Front Office deliverables

  • Ensure compliance with relevant regulations and policy standards

Problem-Solving and Decision-Making

• Identify and resolve operational issues that impacts Front Office, e.g. BAU issues, urgent client onboarding, risk of completion for KYC refreshes and remediation projects

• Make sound decisions under pressure

• Implement solutions to improve efficiency and effectiveness and where applicable, share regional best practices with global teams and vice versa

• Escalate any issues to supervisor on a timely basis

Project Management (if applicable)

• Plan, execute, and monitor projects.

• Ensure projects are completed on time and within budget

• Manage project resources and communicate progress

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirement applies.

Your skills and experience:

• Strong understanding of KYC requirements, Anti-Money Laundering / Anti-Financial Crime policies

• At least 8 years of project management or change management experience

• At least 5 years of experience in KYC related matters, including familiarity with APAC nuances

• At least 5 years of experience on Client Onboarding, Middle Ops, Compliance, AFC or KYC risk-based role at major global financial institutions

• Strong data analytical and problem-solving skills, including strong PowerPoint and Excel skills

How we’ll support you:

• 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

• Coaching and support from experts in your team

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.