About the company
Details of the Division and Team
Trade Settlement & Confirmations Operations (TSCO) provides operational support to various desks within GEM and GFFX business including Corporate Banking, covering multiple products mainly Foreign Exchange, Precious Metals, Fixed Income, Money Market and Derivatives.
Primary functions performed range from trade processing, settlements, confirmations, reconciliations and reporting. TSCO also works closely with various offshore operational teams who forms part of the integral process supporting GEM/GFFX business.
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
Job description
Your key responsibilities
Key personnel for the team’s Risk and Control related
Risk identification and Assessment
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Identify, assess and document operational risks
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Conduct Risk and Control Self Assessments (including periodic trade sampling checks) to evaluate control effectiveness
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Monitor key risk indicators (KRIs) and escalate breaches
Control Design and Implementation
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Design and implement operational controls (preventive/detective) to mitigate risks.
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Ensure controls align with Bank’s policy and local regulation.
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Review process workflows to identify control weaknesses and recommend improvements.
Compliance and Regulatory Oversight
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Complete and/or coordinate surveys, self-assessment
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Work with team to review and/or assess new or changed regulation, implement process changed if required
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Support internal/external audits and regulatory inspections.
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Key contact to face-off local Regulators in ad-hoc queries, on-site inspection etc
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If required, conduct control self-assessment for both processes or regulatory reports, KOD and checklist design and implementation.
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Where necessary, review operational workflow to stay compliant with internal policies and local regulations
Incident Management and Breach Reporting
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Investigate operational incidents
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Document root causes and prepare incident report, implement corrective actions and conduct read across
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Report significant breaches to senior management
Training and Awareness and Stakeholders Interaction
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Conduct risk training for Operations staff on control frameworks and new regulation.
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Interaction with Front Office, Middle Office, Finance, Compliance, Legal, Internal