Compliance - Head of Surveillance Japan - VP

Details of the Division and Team:    

Regulation, Compliance & Anti-Financial Crime

Regulation, Compliance and Anti-Financial Crime (AFC) protects the integrity and reputation of Deutsche Bank. It manages the Bank’s risks and help to avert unintentional rule breaches and conflicts of interest. At the same time, we also advise the bank on ethical conduct and governance issues and keep the bank up to date on regulatory and political challenges.

Department

At Deutsche Bank, good compliance is everybody’s responsibility. The Compliance department’s core functions support good compliance practice to prevent and detect violations of all applicable laws, rules and principles that observe high standards of individual behaviour and business conduct.

Working closely with the business, Compliance professionals ensure that our risk-based program is both globally effective and locally anchored to our key divisional businesses. As an independent and robust second level control function, the Compliance department seeks to manage compliance risk and deepen the culture of compliance at Deutsche Bank through the development and management of strategies that are sustainable and increases the trust of our clients.

Deutsche Bank has become one of the first financial institutions to establish a professional research and development department, including capabilities such as four innovation labs and the digital factory in Frankfurt.

Join us here, and you’ll constantly be looking ahead. We’ll look to you to capitalize on new technological trends that can reshape our business and deliver value for our clients, whilst still meeting the demands of customers, regulators and the markets.

Overview

Communication and Trade Surveillance (CTS) is responsible for identifying potentially unusual transactions and inappropriate business activities by employees. CTS therefore monitor trade data and electronic communication and handle enquiries from regulators.

In response to regulator’s greater expectation to Compliance, CTS is one of the focused areas within Compliance and regarded as the key function to prevent and mitigate conduct risks through monitoring activities.

It is also expected for the position to proactively communicate with various counterpart inside and outside of Compliance. There are a lot of opportunities to co-work with regional colleagues and supervisors.

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:

• Corporate Group Insurance – premium borne by company
• Annual health checkup – cost borne by company (once a year; conditions apply)
• Flexible Work Arrangements – various ways to work, to fit employees’ needs
• Child care and elderly care benefits – corporate discount through designated child care & elderly care vendors
• EAP – free and confidential counseling, online work-life resources
• Employee networks – Diversity, volunteering, sports, family care - various activities to participate
• Special leaves entitlement

Your key responsibilities:

• Manage, the Japan team of surveillance analysts reviewing alerts in multiple surveillance systems such as local Japan Surveillance routines, Enterprise Analytics Platform (EAP), Compliance Analytics Global.
• Also, be a player manager, reviewing alerts as well as overseeing other team members’ reviews.
• Face local Japanese regulators during inspections and other ad hoc queries
• Ensure the team’s review of these alerts are conducted professionally, and managed efficiently and closed correctly ensuring SLAs are maintained consistently.
• Communicate regularly with senior compliance surveillance management either in 1 to 1 meetings or various compliance surveillance forums.
• Be a contributing member of the APAC Compliance Surveillance management team oversight forum.
• Producing the monthly MI pack for local Japan compliance management, regional surveillance management and global surveillance management for review and supervision assurance.
• Conduct supervisory quality assurance) of reviewed Trade and communication surveillance alerts and ensure appropriate QA documentation.
• Partner with regional product leads to ensure the applicable scenarios are being manged correctly via alert management and BOW implementation.
• Manage resources correctly across all products that the team is responsible for.
• Ensure early escalation of any critical matters such as escalations or SLA breaches.
• When required, prepared, in consultation with the appropriate management stream, contingencies and backlog strategy management.
• Apply a continuous improvement mindset in managing staff for applied knowledge and process improvement.
• Use the APAC Compliance Surveillance Applied Knowledge Matrix to track staff development.
• Remain aware of any regional regulatory developments which may impact the surveillance processes as well as other enhancements for the effectiveness and efficiency of surveillance.

Your skills and experience:

• Must have tenured experience as a manager of a compliance surveillance team.
• Must have good knowledge of local Japan Trade Surveillance requirements and be able to apply them to Surveillance routines.
• Must have business Japanese language level to face local regulators for surveillance queries and during regulatory inspections
• Evidenced ability of training and building a surveillance team from an inexperienced team to a global standard.
• Degree qualified in Finance or Economics would be beneficial.
• An ability to work calmly under the pressure of deadlines and resources constraints.
• An advanced understanding of risks associated to Market Abuse, Market Manipulation, and Insider trading.
• Knowledge and experience in wholesale financial business
• Ability to work as a team player (for example, willingly share knowledge and experience with colleagues)
• Willingness to be a team leader with broad experience and knowledge in future.
• Ability to work independently and proactively based on proper prioritization.
• Ability to tackle unforeseen and hard tasks calmly with resilience.
• When available and appropriate be willing to be involved in team as well as departmental projects within and outside of Surveillance space

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

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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.