Volcker Advisory Compliance Officer, VP

  • Negotiable
  • Manhattan, NY, USA
  • Permanent, Full time
  • Deutsche Bank - US
  • 15 Sep 17

Compliance At Deutsche Bank, good compliance is everybody's responsibility. The Compliance department's core functions support good compliance practice to prevent and detect violations of all applicable laws, rules and principles that observe high standards of individual behaviour and business conduct.

Job title: Volcker Advisory Compliance Officer

Corporate title: Vice President

Location: New York

Experienced Compliance Professional to provide global, cross-divisional (Corporate Banking & Securities, Asset & Wealth Management, and others) advisory Compliance support on the Volcker Rule.

The successful candidate will:

  • Work with and provide support to the Volcker Compliance team
  • Participate in various workstreams relating to the interpretation and implementation of the Volcker Rule
  • Work with Legal and Outside Counsel to interpret the applicability of the Volcker Rule to the bank's various businesses on a cross-divisional basis
  • Partner with Compliance colleagues worldwide to ensure a consistent approach to Volcker interpretation and compliance
  • Work with Legal, Product Advisory Compliance and the Business to both develop new controls and refine existing controls to ensure compliance with the Volcker Rule
  • Aid in updating a system of enterprise-wide and desk-specific policies and procedures designed to ensure compliance with the Volcker Rule
  • Assist in developing a sustainable process to support the CEO Attestation requirement.
  • Create and manage action plans for the various Compliance deliverables associated with the rule
  • Develop and deliver initial and recurring Volcker training to the Business and Compliance
  • Provide ongoing reporting to senior members of the Business and Compliance on the progress of implementing Volcker Rule compliance

The successful candidate will possess the following skill sets:

  • Bachelor's degree;
  • 4+ years of general broker-dealer legal/regulatory/compliance experience, preferably in an investment bank or law firm;
  • Strong working knowledge of the Volcker Rule or a demonstrated ability to quickly learn complex subject-matter;
  • Knowledge of the 1940 Investment Company Act and CFTC Rules a plus;
  • Familiarity with Regulatory Reform including Dodd Frank and CFTC;
  • Experience with drafting and implementing policies and procedures;
  • Ability to work effectively in a global environment; leveraging and sharing best practices and insights of Legal and Compliance colleagues globally;
  • Strong strategic, problem solving and analytical skills;
  • People skills, leadership qualities and communication skills;
  • Motivation, diligence and excellent writing skills;
  • Excellent organizational skills;
  • Ability to work on multiple projects in a fast paced environment;
  • Legal degree a plus but not required
  • Regulatory experience a plus but not required