Job Description
Job Description:
Job Title: Safeguarding of Client Assets and Funds (SCAF)
Location: Bangalore
Role Description
The SCAF CoE team provides a central oversight and advisory function for interpretating and implementing the MiFID II Client Assets (SCAF) rules. The SCAF CoE team is part of the Global Client Assets Group within IB & Cross Product Operations, and oversees systems and controls in place to comply with the SCAF requirements. SCAF CoE team tracks and monitors the effectiveness of controls, and for maintaining the associated governance structure.
As part of this role, you will assist with the implementation and management of a SCAF oversight framework, and enhance and embed a strong risk-management structure.
Responsibilities will include: interpreting and providing guidance on the application of SCAF regulations to products and services DB offers its clients, monitoring compliance with SCAF requirements across business and operational areas, and assisting the Client Assets Oversight officer with all aspects of SCAF risk management and governance.
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 child care assistance benefit (gender neutral)
• Flexible working arrangements
• 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
• Design, develop and implement efficient control processes within Operations to ensure compliance with MiFID II SCAF regulations
• Coordinate across stakeholder groups, Monthly MI, SCAF Resolution Pack, development of management information and management of governance forums
• Design, develop and implement efficient control processes within Operations to ensure/maintain compliance with MiFID II SCAF regulations
• Providing technical advice on SCAF compliance to businesses and support functions, while promoting regulatory awareness throughout the firm
Your skills and experience
• Experience of working in operational / regulatory functions within a financial services firm, including knowledge of front-to-back trade flows and the management of control processes
• Strong analytical & data interpretation skills, with experience of managing large datasets (including advanced Excel skills)
• Understanding of the regulatory environment, and knowledge of Client Assets regulations would be beneficial
• Strong communication and influencing skills with stakeholders
• Proven self-starter who shows attention to detail, meets deadlines and works well in a team
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
Job Title: Safeguarding of Client Assets and Funds (SCAF)
Location: Bangalore
Role Description
The SCAF CoE team provides a central oversight and advisory function for interpretating and implementing the MiFID II Client Assets (SCAF) rules. The SCAF CoE team is part of the Global Client Assets Group within IB & Cross Product Operations, and oversees systems and controls in place to comply with the SCAF requirements. SCAF CoE team tracks and monitors the effectiveness of controls, and for maintaining the associated governance structure.
As part of this role, you will assist with the implementation and management of a SCAF oversight framework, and enhance and embed a strong risk-management structure.
Responsibilities will include: interpreting and providing guidance on the application of SCAF regulations to products and services DB offers its clients, monitoring compliance with SCAF requirements across business and operational areas, and assisting the Client Assets Oversight officer with all aspects of SCAF risk management and governance.
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 child care assistance benefit (gender neutral)
• Flexible working arrangements
• 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
• Design, develop and implement efficient control processes within Operations to ensure compliance with MiFID II SCAF regulations
• Coordinate across stakeholder groups, Monthly MI, SCAF Resolution Pack, development of management information and management of governance forums
• Design, develop and implement efficient control processes within Operations to ensure/maintain compliance with MiFID II SCAF regulations
• Providing technical advice on SCAF compliance to businesses and support functions, while promoting regulatory awareness throughout the firm
Your skills and experience
• Experience of working in operational / regulatory functions within a financial services firm, including knowledge of front-to-back trade flows and the management of control processes
• Strong analytical & data interpretation skills, with experience of managing large datasets (including advanced Excel skills)
• Understanding of the regulatory environment, and knowledge of Client Assets regulations would be beneficial
• Strong communication and influencing skills with stakeholders
• Proven self-starter who shows attention to detail, meets deadlines and works well in a team
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
💡 Quick Summary
Seeking a career-building opportunity? The Safeguarding of Client Assets and Funds|Associate position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.