Introducing the Role of Compliance Officer – Bank Holding Company Controls Monitoring Reviewer at Deutsche Bank
Deutsche Bank, a leading global financial institution, offers a promising opportunity for a Compliance Officer in its Bank Holding Compliance (BHC) team in Jacksonville, Florida. The BHC team is entrusted with the critical task of developing and maintaining the Compliance Framework for Deutsche Bank’s Combined U.S. Operations (DB CUSO), along with associated bank and bank holding company policies and compliance programs. This noteworthy role primarily involves support for the US Compliance Monitoring Program (US CMP), a program designed to review the adequacy of existing controls concerning US Compliance risk related rules.
A Closer Look at the Responsibilities
As a Compliance Officer, you will play a pivotal role in shaping the US CMP. Your responsibilities will encompass creating and executing monitoring approach documents, adapting current processes as the program matures, and incorporating enhanced toolsets. Given the dynamic nature of these tasks, working in close collaboration with the Global Compliance Monitoring- Compliance Testing & Assurance team is crucial for alignment of methodologies and resources.
What Deutsche Bank Offers You
Accepting a position with Deutsche Bank means becoming part of a diverse and inclusive environment that encourages change, innovation, and collaboration. The bank offers a hybrid working model, allowing for a work-life balance with in-office and work from home flexibility. A competitive compensation package is on the table, complete with health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits. Additionally, Deutsche Bank also offers educational resources, matching gift, and volunteer programs, promoting community engagement and personal growth.
What You’ll Bring to the Role
As a Compliance Officer, you will be expected to perform monitoring reviews of compliance with controls aligned with Compliance US laws, rules, and regulations, reporting your findings in a required monitoring template. The role requires an ability to read, understand, and apply complex banking regulations to businesses operating across various regulators and multiple Deutsche Bank US legal entities.
Skills Required and Those That Will Help You Excel
Qualifications for the role include a Bachelor’s degree or equivalent, with regulatory, audit and/or testing experience being a plus. Experience within a large financial institution, across multiple businesses and divisions, and global office locations is essential. Knowledge of bank and/or securities regulations within a large financial services firm is desirable, along with proficiency in Excel, Word, PowerPoint, SharePoint, and workflow tools.
To excel in this role, candidates with experience in compliance in a financial institution will have an advantage. An understanding of compliance regulation, risks, and internal controls, specifically focusing on US regulations, is crucial. Functional knowledge of Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), broker-dealer regulations, and other relevant bank regulations will be a significant asset. Strong written and verbal communication skills, the ability to influence others, and a proactive, delivery-focused approach are qualities that will enable you to thrive in this role.
Final Notes
Deutsche Bank expects employees hired for this role to work in the Jacksonville, Florida office, following the bank’s hybrid working model. The bank is committed to providing reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion. The salary range for this position in Jacksonville is $48,000 to $68,800, with the actual salary determined based on various factors such as the candidate’s skill set, experience, education, work location, and other qualifications.
In conclusion, this role offers a unique opportunity to contribute to Deutsche Bank’s commitment to compliance and regulatory excellence. If this aligns with your career aspirations, we encourage you to explore this opportunity further. For more detailed information, please click Here.
