Details of the Division and Team:

The Singapore Regulatory Reporting team is responsible to ensure timely and accurate regulatory reporting, compliance of local regulatory requirements and advising stakeholders on impact of and changes in local regulatory requirements.

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

Your key responsibilities:

The Singapore Regulatory Reporting team ensures timely and accurate regulatory reporting for the regulated entities in Singapore, in line with regulatory requirements, to senior management, regulators, auditors and other relevant stakeholders. The team work closely with the wider Finance teams (Country Finance Director and Business Finance) and other stakeholders (Business, Risk, Compliance, Legal etc) to ensure accurate and timely reporting of reports within his/her remit. The team ensures

• compliance of all regulatory requirements, and liaising with regulators and Compliance on all issues that may arise.
• prudential ratios and regulatory limits are being adhered to and proper escalation procedures are in place in case of breaches. Where relevant, providing internal information / calculations to aid in such monitoring of such limits.
• regulatory reporting (daily /weekly /quarterly/bi-annually and annually) including surveys and ad hoc requests from the regulators are accurate and submitted on a timely basis
• controls are in place and in conformity with DB Group and local regulatory reporting requirements to support timely and accurate reporting
• monitor regulatory changes and engage in consultation discussions for regulations within his/her remit and assess the impact of those changes to the bank and advise the impacted internal stakeholders.
• engage regulators to seek guidance, clarifications and to lobby for DB's cause as needed. Where relevant, he/she should also engage in industry wide discussions with peers and audit firms to determine market practice.
• advice the business on regulatory reporting requirements and regulatory implications, if any, of new business and new products
• assess the regulatory process and controls in place to ensure it continues to be fit for purpose

The AVP of the Singapore Regulatory Reporting team should also have a continuous improvement mindset where he/she periodically challenges status quo and review the set up for the team, the reporting process etc to identify scope for enhancement and improvements

• supports an environment where people management and development is a key priority. Coaches and develop direct reports to build a strong team and to succession plan. Seek opportunities to develop his/her and the team's business acumen and commercial thinking by engaging with wider stakeholders to understand business, products, systems and process to achieve a high performance culture
• Takes ownership for own career, seek opportunities for continuous development and improved performance contribution, and in doing so, acts as a role model for the team
• Supports difficult people decisions to ensure people performance is aligned with organisation imperatives and needs. Addresses individual performance issues, where necessary, to drive high performance, and lead performance evaluation and contribute to compensation and promotion discussions on the team

Your skills and experience:

• Minimum 5 years of working experiences in Banking and Financial Services Industry with direct or relevant experience in MAS regulatory reporting requirements and statistical surveys and ad hoc reports.
• Conversant with Banking and financial products (Derivatives/ FX/ Loans/ Securities etc) accounting and reporting treatment for Banks and Merchant Banks.
• Hands on experience with software / applications such as Axiom, Business Objects, MS office suites etc for financial reporting and IFRS
• Experience with large data and inter-system complexities
• Good communication skills
• Bachelor degree in Accounting and/or Finance

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

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.

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.