Regulatory Policy Advisor, Advocacy and Adherence Associate

  • Negotiable
  • New York, NY, USA
  • Permanent, Full time
  • Deutsche Bank - US
  • 18 Mar 19

The team is responsible for identification and advocacy elements of the bank's regulatory adherence framework and works closely with not just compliance and AFC, but across business and infrastructure divisions. It is a small but highly motivated team and hard-working team, where there is an onus on partnership and everyone has the opportunity to add value and develop.

Department

Regulation, Compliance and Anti-Financial Crime (AFC) protect the integrity and reputation of Deutsche Bank. They manage the Bank's risks and help to avoid unintentional rule breaches and conflicts of interest. At the same time, they also advise on ethical conduct, governance issues and keep our organisation up-to-date on regulatory and political challenges.

Within the department it is the mission of Regulatory Affairs Americas to:

  • Provide information and advice to allow senior management to meet regulatory and political challenges
  • Build DB's profile as trusted voice and thought leader in regulatory policy debates
  • Engage constructively with regulatory and political audiences to ensure future policy supports the continued growth of competitive financial marketsWe do this by:
  • Information -
      • Providing information to identify and raise awareness of new and changing regulations covering new or amended rules and regulations issued by the Bank's regulators and other relevant policy making bodies.
      • Acting as DB's center of expertise on important national, regional and international regulatory proposals and policy developments. Providing analysis and intelligence for key clients on relevant issues.
      • Coordination - Linking DB's business and control functions to ensure we have a coordinated view of regulatory developments and how they are likely to affect our commercial interests. Coordinating expert input from across the Bank to develop effective DB positions on regulatory policy issues and ensure consistency in our messaging to regulatory and political audiences.
      • Advocacy - Monitoring policy debates and involving experts within the business, in order to make sure that DB is in a position to engage strategically and effectively in order to shape the direction of policy debates. Working with experts across the Bank to make sure that DB has a positive profile and that we are seen as a respected voice on issues affecting the financial markets.

Overview

The team is responsible for identification and advocacy elements of the bank's regulatory adherence framework and works closely with not just compliance and AFC, but across business and infrastructure divisions. It is a small but highly motivated team and hard-working team, where there is an onus on partnership and everyone has the opportunity to add value and develop.

      • The Americas Regulatory Affairs team is based in New York and headed by Erik Soderberg. The team is part of the Global Regulatory Affairs team, which has staff in Frankfurt, London, Hong Kong, Singapore and New York. The team operates a matrix structure with people in each region aligned to four thematic branches: Prudential & Resolution, Markets Regulation, Retail and Digital.

Key Responsibilities:

In addition to exposure to all key regulatory policy developments and support across key advocacy topics across the team, specific responsibilities of this role will include:

  • Supporting Regulatory Adherence effort in the Americas, which is focused on identifying new and proposed rules, alerting business and infrastructure teams of relevant rules and working with key stakeholders to determine potential impacts
  • Supporting the development and delivery of a range of other standing briefs delivered across the team.
  • Monitoring and tracking upstream regulatory policy debates and emerging proposals in support of regulatory adherence process.
  • Helping to develop DB positions and responses to selected public consultations on key policy issues.
  • Providing support to the work within the team to assess of impacts of regulatory changes;
  • Helping to provide advice and to support the business and infrastructure functions to ensure consistent and coherent regulatory interactions and input to trade associations.
  • Providing input to the development of DB's advocacy strategy on key issues to relevant official sector bodies.
  • Helping to develop effective processes for updating and supporting communication of key regulatory developments within DB and supporting the education of internal stakeholders as to implications.
  • Support the drafting of position papers, internal and external presentations, to advance understanding of issues.
  • Contribute to continuing to raise the profile of the policy team via engagement with internal stakeholders and client support.Over time the successful candidate will also be given responsibility for specific policy topics with the opportunity to build product and business knowledge and to represent the bank externally.

You will have:

  • Excellent written and oral communication skills
  • The ability to managing multiple projects in parallel and prioritising time to ensure tight deadlines are met.
  • The experience to be able to interact confidently and effectively with senior management
  • An appetite to digest significant amount of information quickly and identify what is important
  • Experience in working collaboratively across teams and colleagues in different regions.
  • The ability to solve problems proactively and be able to build and sustain relationships and handle conflict and pressure.
  • A strong interest in regulatory policy and the political process that shape them. Experience of working with regulators or policy makers would be a strong advantage.