Regulatory Control Analyst - Associate

Position Overview

Job Title - Regulatory Control Analyst - Associate

Location - Mumbai, India

Role Description

As a Regulatory Control Analyst supporting the Business Supervisory Office (BSO), you will assist the BSO in ensuring the US Private Banking Business is compliant with local rules and regulations in transacting business for its clients.
The Regulatory Control Analyst will also assist in ensuring that all business transacted for the clients are in their best interest (i.e. compliance with the Regulation Best Interest) and in line with their Suitability and risk profiles. This will require the analyst to review and provide disposition for daily trade alerts generated via the Surveillance systems implemented. Further, the analyst will also be required to analyze trade related data and identify any market manipulation themes such market manipulation, front running, insider trading, pump and dump etc. which in turn would need to be escalated to relevant onshore stakeholders (i.e. in compliance with applicable Market Abuse Regulations).
In addition to Trade Surveillance related activities, the analyst will also be required to assist the onshore stakeholders with Transaction Monitoring i.e. reviewing all domestic/cross-border wire transfers executed by the client with the sole objective of ensuring all such activity is in sync with the anticipated activity for the account and there is no suspicion of money laundering.
The analyst would be required to identify and explore any scope for enhancing current processes in place thereby increasing efficiency in terms of process delivery. The analyst might be included to participate in internal reviews by Group Audit and Compliance Testing & Assurance (CT&A).

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy

Best in class leave policy
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above

Your key responsibilities

Assist in carrying out supervision of the US Private Banking Business to ensure compliance with applicable rules and regulations
Assist in the surveillance of capital market trades i.e. analyze trade alerts to identify relevant Market Abuse themes such as front running, pump and dump, market manipulation etc.
Verify the trades executed are in the best interest and in line with the suitability (i.e. risk profile) of the client
Maintain knowledge of AML risks and applicable regulations from a US perspective
Assist in reviewing customer transactions (Wires/ACHs) to identify potential money laundering indicators, promptly disposition alerts, and escalate cases that require further review in line with established escalation protocols
Analyze cross-border customer transactions (including transactions involving AFC rated EUHRTC countries) to evaluate consistency with the client's expected activity and to identify transactions that may indicate potential money laundering.
Conduct a review of Client Activity Monitoring (CAM) alerts arising from transaction anomalies and closed by the front office, to validate the disposition rationale and assess consistency with the customer's account profile, including the nature and purpose of the account
Track and review transactions associated with clients having a Russian nexus to ensure compliance with applicable restrictions and to identify and escalate any potentially suspicious transactions for further review.
Review transactions executed based on nonoriginal client instructions (such as telephone, fax, or email) to ensure compliance with the HighRisk Media Policy requirements.
Research entities and/or individuals using both public domain and database search services.
Assist with the maintenance of existing Key Operating Procedures and the development of new Key Operating Procedures covering different processes/controls owned and executed by the BSO
Coordinate with and support business divisions and/or infrastructure functions in executing their responsibilities in improving the quality of the data and any data quality remediation actions.

Your skills and experience

5 to 6 years of Regulatory and Brokerage Trade Surveillance experience, preferably for the Wealth Management business
Functional and conceptual knowledge of Market Manipulation themes such as Front Running, Pump and Dump, Insider Trading, Spoofing etc.
Experience with PM1, SunGard/FIS Protegent Surveillance tool (equivalents like LZ Sentinel, Aladdin, Charles River, JPM Trac, etc.) and SunGard front-end systems such as NetX360 is a plus
Strong understanding of Private Banking AML risks
Knowledge of Financial Crime regulations
Experience in the financial services industry and/or BSA/AML regulations with sound banking knowledge of product and service offerings
Ability to co-ordinate with multiple stakeholders and manage projects/tasks on an end to end basis

How we'll support you

Training and development to help you excel in your career
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

About us and our teams

Please visit our company website for further information:

We strive for a 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.