Regulatory Operations Analyst for Global Network Management

Job Title Regulatory Operations Analyst for Global Network Management

Location Birmingham

Corporate Title Associate

Global Network Management (GNM) is a global team, which is part of Regulatory & Cross Product Operations. GNM is involved in the Agent Bank Selection, Appointment and Due Diligence process on behalf of internal DB entities. All agent banks holding assets in custody and client money on behalf of Deutsche Bank, or its clients, must complete a Due Diligence to satisfy regulatory requirements from various sources (CASS, BaFin, CFTC). The AFME (Association for Financial Markets in Europe) is the industry standard questionnaire adopted by GNM. The general objective of the due diligence is to review the risks associated with the decision to entrust Deutsche Bank assets to an Agent Bank by assessing the Agent against the risk appetite of Deutsche Bank and, where possible, address or mitigate those risks.

GNM are responsible for several regulatory obligations relating to the specific jurisdictions of the DB internal entities. Many of the global regulations are focused on Client Asset Protection. GNM’s adherence to the processes and controls we perform on behalf of each internal entity and business are critical to their overall regulatory compliance.

What we’ll offer you

A healthy, engaged and well-supported workforce are 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 centre.

You Can Expect:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your Key Responsibilities

• Remote due diligence which includes reviewing agent responses by assessing, identifying, and escalating risks, and monitoring through to completion. The process also includes legal documentation review.
• Manage incoming market news (of market changes/issues/disruptions) and distribute to internal stakeholders accordingly.
• Managing operational queries and escalations raised internally or by agent bank network and responding in a timely and appropriate manner, escalating where appropriate to management for support.
• Manage, interpret and present data to support a range of information requests for regulatory reporting, reconciliations and audit.
• Assist with compliance to Regulatory obligations (e.g. CASS (FCA), SCAF (MiFID II/BaFIN), CFTC).

Your skills and experience

• Excellent organizational skills, the ability to prioritize and effectively manage workload to tight time frames and providing cover where required for team members. This includes being able to provide accurate daily/weekly/monthly status updates, escalations and highlighting any remedial work required.
• Strong regulatory/ risk awareness, with consistent attention to detail
• Ability to read, digest and interpret detailed agent bank responses to the AFME (~400 questions) and identify potential issues or risks which need to be reviewed/escalated.
• Confident in coordinating, hosting and minuting conference calls (Teams) with a range of participants, including senior management/external audiences.
• Experience with data review and analysis (Excel functions: pivots/v-lookup/text functions/formulas, experience in SharePoint/Tableau would also be useful) and ability to produce concise and accurate reports independently (predominantly in PowerPoint/Excel).
• Adaptable and flexible, with a willingness to learn and engage with a range of processes and support different workstreams within the global team where required.

How we’ll support you

• A culture of continuous learning to aid progression
• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

Please note the expected salary for some roles may be below the minimum level requirements to support candidates who require a Skilled Worker visa to work in the UK. Should you already have a Skilled Worker visa and are identified for a role, we can discuss and support you with the process

About Us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named The Times Top 50 Employers for Gender Equality 2025 for six consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss how we can best support you. Alternatively, you can share your phone number, and a member of the team will be happy to call you to talk through your specific requirements.

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.