Compliance Testing Lead – Origination & Advisory (“O&A”),Vice President - Bangalore, Velankani Tech Park

Job Title: Compliance Testing Lead – Origination & Advisory (“O&A”),Vice President

Location: Bangalore, India

Role Description

Deutsche Bank’s Compliance Testing (“CT”) Team, an assurance function within Controls Testing & Assurance (CT&A), conducts testing on the design and operating effectiveness of the Firm’s control framework to manage its Compliance Risk and adhere to applicable regulation and the Bank’s policies. CT also helps confirm that control gaps are adequately escalated and mitigated through remedial actions.

The role is for an Americas Compliance Testing Officer reporting to the Americas O&A Testing Team Lead, and locally into the CT&A Desk Extension head. The role sits as a part of a broader CT&A Desk Extension team split between Mumbai and Bangalore. 

What We 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 childcare assistance benefit (gender neutral)
• 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

• Conduct Compliance Testing reviews of the Firm’s O&A business to assess and review compliance with legal, regulatory, and internal firm policy requirements applicable to Deutsche Bank products and services in the Americas
• Lead and support tests, reviews and adherence checks across O&A business activities and controls to evaluate adherence to regulatory requirements and whether the control framework is in place and is effectively managing Compliance risks
• Create design effectiveness and operating effectiveness test steps to assess whether O&A control frameworks are effectively managing risk and follow laws and regulations
• Develop testing modules and conduct testing across all Deutsche Bank Americas business activities to evaluate adherence to regulatory requirements and compliance risks
• Ensure the review work plan addresses Compliance risks and regulatory priorities and the reviews are designed to meet applicable regulatory guidance
• Escalate potential issues and exception items noted during the review process to senior management for discussion and further investigation if deemed necessary.
• 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
• Meet with senior management in Compliance, the business and other control functions to provide overview of significant risks and control gaps.  
• Maintain solid working relationships with Business Line Compliance, Front Office, Operations, Group Audit, and other control groups throughout the region.

Your skills and experience

• Bachelor’s degree or advanced degree (e.g., JD, MBA, etc.) a plus but not required
• Minimum of 5 to 10+ years’ experience with a financial services firm and/or self-regulatory organization in a Compliance, Legal or Audit role.
• 3 to 5+ years’ experience in a Compliance Testing or Audit role
• Knowledge of O&A products and relevant regulations is a must.
• Knowledge of regulations governing financial institutions including the rules and regulations of the FRB, OCC, FDIC, FINRA, SEC, NFA, and CFTC.
• Knowledge of Swap Dealer regulatory requirements or understanding of derivative instruments is a strong plus.
• Flexibility to work in line with US Working Hours.

Skills That Will Help You Excel

• Ability to identify matters that require further analysis and investigative skills (i.e., critical thinking, inquiry, and analysis).
• Solid communication skills (both written and verbal) including ability to write reports that summarize key risks, issues, and remedial actions.
• Ability to understand and interpret various laws, regulations, and policies.
• Good organizational skills and attention to detail
• Ability to work autonomously and within teams

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Mumbai or Bangalore office in accordance with the Bank’s hybrid working model. 

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

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.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.