Compliance Testing Associate - Associate
Responsibilities: 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 applicable to products and services in the Americas. Develop testing modules and conduct testing across all 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. 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. Determine the root cause of issues and develop effective remediation plans to mitigate the risks. Prepare and distribute reports to senior management detailing review findings and recommendations. Periodically report on significant activities conducted and planned for the upcoming period.
Qualification and Experience
Qualifications: Undergraduate Degree required, JD Degree or master’s 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. Knowledge of Dodd-Frank (including Volcker Rule) and the Bank Holding Company Act is a plus. A background in compliance testing, audit or risk is a strong plus. Strong business writing skills. 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 is strongly preferred. Excellent interpersonal and communication skills with the ability to interact effectively with internal and external stakeholders, including regulators and senior management. Strong analytical and investigative skills.
Deutsche Bank AG, Frankfurt am Main
8120 Nations Way
Jacksonville, FL 32256