Compliance Testing ( CT) Officer, Assistant Vice President

Deutsche Banks CT Team, an assurance function within Controls Testing & Assurance (CT&A), conducts testing on the design and operating effectiveness of the Firms control framework to manage its Compliance Risk and adhere to applicable regulation and the Banks 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 Testing Team Lead in the Americas, 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.

Your key responsibilities

• Conduct compliance testing to assess and review compliance with legal, regulatory, and internal firm policy requirements applicable to Deutsche Bank products and services in the Americas
• Support and lead tests, reviews, and adherence checks across all Deutsche Bank Americas business activities and controls to evaluate adherence to regulatory requirements and whether a risk management framework is in place and is effectively managing Compliance risks
• Create design effectiveness and operating effectiveness test steps to assess whether Compliance risk management 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 Americas region.

Your skills and experience

• Bachelors degree or advanced degree (e.g., JD, MBA, etc.) a plus but not required
• Relevant experience working in Compliance risk management
• Minimum experience in an Audit, Testing, Quality Assurance, or Quality Control role focused on assessing Compliance risk management effectiveness
• Strong understanding and application of relevant banking regulations, including the rules and regulations of the FRB, OCC, FDIC, and the CFPB
• Strong understanding of Compliance risk management frameworks associated with products and services offered by large multinational financial institutions, including (but not limited to) Private Bank, Corporate Bank, and Investment Bank businesses
• 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).
• Ability to understand and interpret various laws, regulations, and policies.
• Solid communication skills (both written and verbal) including ability to write reports that summarize key risks, issues, and remedial actions.
• Good organizational skills and attention to detail
• Ability to work autonomously and within teams

Expectations

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