Regulatory Business Advisory Manager

Position Overview
Location: Dubai DIFC, United Arab Emirates
DB Legal Entity: Deutsche Bank AG, Filiale Dubai (DIFC)
Full / Part time: Full time
Regular / Temporary: Permanent
Corporate Title: VP
Reporting Line to: Compliance Advisory - Wealth Management
Start Date: As soon as possible
Regulatory Business Advisory Manager
Your Role
As the International Private Bank (IPB) Business Line Compliance Officer, provide advice to the IPB Business in the DIFC Branch (when requested) so that regulated activities conducted in or from the DIFC Branch complies with current DIFC / DFSA legislation, regulations and rules.
Be responsible for providing Compliance advisory services and performing monitoring activities for the DIFC Branch in relation to the IPB Business.
Responsibilities
Regulatory & Compliance:

• Provide ongoing Compliance advice to the IPB business in relation to new and existing activities within the DIFC Branch.
• 
  Provide ongoing and/or ad-hoc Compliance advice/project support (including risk assessments) to the IPB business.
• Advise on changes to DFSA rules and regulations and their impact on the IPB Business.
• Advise on the establishment or changes in the relevant Compliance mechanisms (policies, procedures, systems and controls) in view of DFSA changes in relation to the IPB business.
• Develop and pro-actively manage the implementation of compliance related policies, procedures, systems and controls which ensure compliance with DFSA requirements in relation to the IPB Business.
• Assist the registered Compliance Officer to respond promptly, in conjunction with Legal, to any request for information made by the DFSA in relation to the IPB Business.
• Provide advice in relation to IPB related regulatory submissions to DFSA (and prepare/contribute to such submissions when IPB Compliance matters are concerned).
• Address IPB compliance training requirements and deliver training to relevant staff - in conjunction with the central DB Compliance training function.
• Effective mitigation of risk, by implementing a risk-based approach to address sources of risk. If required, set up action plans with the support of the registered Compliance Officer.
• Regularly inform and, as the case may require, escalate to registered Compliance officer and/or management all material IPB compliance related issues.
• Consider relevant escalations related to the IPB business from centrally established control functions and provide advice to potentially resolve escalated matters and related deficiencies where these have been identified.
• Be involved in internal and external reviews and audits of the local IPB activities, assist in the preparation of regulatory inspections and in the designing and implementation of remedial action plans in relation to compliance matters (as required).
• Review and escalate any client classification concerns;
• Work with the registered Compliance Officer to ensure that IPB related regulatory registrations are up-to-date for all relevant staff.
  

Supporting (has a helping or facilitating role):

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• Coordinates the approach to compliance issues relating to the IPB business by acting as a senior liaison.
• Supports the business management team in instilling an appropriate compliance culture through the IPB business. This includes , where applicable, the development of specialized training programs as far as IPB Compliance trainings are concerned.
• Identifies material rules and regulations related to the IPB business where non-compliance may lead to a risk for the business and/or the branch.
• Reviews the Level One Controls and the coverage of new material rules and regulations related to the IPB business division.
• Carries out IPB related compliance related bank risk analysis (CCF,MaComp, MaRisk as applicable).
  

Leadership responsibilities:

• Adheres to and promotes the Company values and ethical framework.
• Bring diverse teams together to collaborate on IPB related topics in order to achieve optimal ideas and recommendations.
• Acts as a role model for own team.
  

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
With that, we extend a warm welcome to candidates with disabilities to apply.
Our Bank is committed to ensuring equal opportunities and will facilitate a productive and harmonious work environment for all.
We encourage talented individuals seeking a professional setting that values and accommodates diverse capabilities to submit their applications and be part of our shared commitment to fostering inclusiveness.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.