Job Title: Compliance Testing
Corporate Title: Assistant Vice President
Location: Jacksonville, FL
As Compliance Testing Assistant Vice President, your focus will be to conduct compliance reviews under the direction of the Americas Head of Compliance Testing in order to assess and review compliance with legal, regulatory and internal firm policy requirements and work with the business and other stakeholders to design appropriate remedial actions to mitigate identified risks. This means you will be expected to determine the root cause of issues and develop effective remediation plans to mitigate the risks. You will escalate potential issues and exception items noted during the review process to senior management for discussion and further investigation if deemed necessary. You will also identify Compliance risks inherent in a business or process and assess whether a control framework is in place to manage these risks or whether any existing control framework adequately manages the risks.
What We Offer You:
We offer competitive health and wellness benefits, empowering you to value life in and out of the office
On-site gym, cafeteria, health center, and communal meeting areas
Active engagement with the local community through Deutsche Bank's specialized employee groups
An open seating environment that encourages networking and collaboration across functions and businesses
Hear from our people and look inside our office: DB@The Muse
Your Key Responsibilities:
Develop testing modules and conduct testing across all Deutsche Bank Americas business activities to evaluate adherence to regulatory requirements and compliance risks
Maintain solid working relationships with Business Line Compliance, Front Office, Operations, and other control groups throughout the region
Participate in developing a review work plan based on the results of the annual compliance risk assessment, in consultation with the Americas Head of Compliance Testing, Regulatory Adherence and Business Line Compliance management. Ensure review work plan addresses regulatory priorities and that reviews are designed to meet applicable regulatory guidance
Advise team members with respect to applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations
Prepare and distribute reports to senior management detailing review findings and recommendations. Periodically report on significant activities conducted and planned for the upcoming period
Ensure that all findings and recommendations are entered into Compliance Testing's Issue Tracker for tracking purposes and perform required follow-up of open issues to ensure proper resolution; as well as meet with senior management in Compliance, the business and other control functions to provide overview of significant risks and control gaps
Your Skills and Experience:
Undergraduate Degree required, JD or Masters is a plus
Strong knowledge of regulations governing financial institutions including the rules and regulations of the FRB, OCC, FINRA, SEC, NFA, CFTC, FDIC and CFPB
Relevant experience with a financial services firm within Legal, Compliance, Operations or Audit and/or regulatory organization in a role that relates to financial services
Ability to understand and interpret various laws, regulations, and policies
A background in compliance testing or audit, and in compliance testing (audit or risk) is strongly preferred; as well as knowledge of Dodd-Frank (including Volcker Rule) and the Bank Holding Company Act is a plus
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click here to find out more about our diversity and inclusion policy and initiatives.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.