Swap Dealer and Security-Based Swap Dealer Compliance - Vice President

Deutsche Bank; New York (NY); Hybrid; USD 125,000 - 203,000; Full time

Job summary

Join a dynamic team as a Vice President in Swap Dealer and Security-Based Swap Dealer Compliance. This role offers the chance to work in a fast-paced environment, ensuring compliance with complex regulations. You will collaborate with various stakeholders, enhancing compliance frameworks and policies while mentoring junior team members. The position promises personal growth and the opportunity to thrive among high achievers. If you are detail-oriented and passionate about compliance, this is your chance to make a significant impact in a supportive and innovative setting.

Benefits

Generous vacation

Personal and volunteer days

Health and wellbeing benefits

Retirement savings plans

Parental leave

Family building benefits

Educational resources

Matching gift programs

Volunteer programs

Qualifications

• Advanced knowledge of CFTC, SEC, and NFA regulations in a compliance role.
• Experience in Fixed Income and Currencies business is essential.

Responsibilities

• Coordinate improvements of compliance manuals and policies.
• Work with stakeholders on developing compliance controls.
• Prepare analysis and reports for senior executives and regulators.

Skills

CFTC regulations

SEC regulations

NFA regulations

Fixed Income and Currencies knowledge

Policy writing and implementation

Communication skills

Analytical skills

Interpersonal skills

Education

Bachelor's degree

JD/MBA

Job description

Job Title: Swap Dealer and Security-Based Swap Dealer Compliance
Corporate Title: Vice President
Location: New York

Overview

As a Swap Dealer and Security-Based Swap Dealer Compliance Vice President, you will have the opportunity to work in a fast paced, rule-driven, second line of defense function, partnering with multiple business and functional stakeholders throughout Deutsche Bank to ensure reasonably designed compliance frameworks for our SD and SBSD rules. There will be an opportunity to learn and grow in the other space that is covered by the team as well. You are a team player, who is willing to learn from team members and pitch in to help when needed. You have experience working directly with regulators and senior executives and you appreciate the importance of managing multiple stakeholders’ interests – you’ve done that before. Your general knowledge of swap dealer and security-based swap dealer rules will assist in your interactions with other stakeholders to effectively progress efforts. Your self-discipline and attention to detail will ensure you are able to build your brand as a trusted partner and offer the ability to work independently on your goals. Your subject matter expertise and your curiosity to learn more will ensure that you will thrive among a team of high achievers. You will be part of a team with members from a wide range of academic and professional backgrounds, such as operations, law, etc. We look for those who possess sound judgement, curiosity, and are able to adapt to a changing regulatory landscape. Join us, and you’ll grow and achieve in a high functioning, supportive, and highly visible team.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift and volunteer programs

What You’ll Do

• Coordinate ongoing improvements of Deutsche Bank’s Swap Dealer and Security-Based Swap Dealer Manuals and policies
• Work with internal and external stakeholders on the ongoing development of first line of defense controls and surveillance needed for the swap dealer and security-based swap dealer rules
• Partner with the Business Line Compliance Officers, Supervision and Control teams, Chief Operating Officer (COOs), and supervisors to support and enhance day-to-day regulatory advice to the business, infrastructure, and support functions
• Prepare ad-hoc analysis, reports, memos, or other related documentation related to the internal program, laws, rules, regulations, guidance or best practices and present to senior executives, external stakeholders (including regulators), and large internal audiences
• Participate fully in the overall missions of the global Compliance & Anti-Financial Crime division, including preparation of relevant rules-based risk assessments, assistance in any relevant regulatory examinations or inquiries, internal or external audits, compliance testing, and surveillance queries as related to the business areas in scope for these rules

How You’ll Lead

• You are not a direct manager of people; however, you demonstrate leadership by listening to stakeholders, asking relevant questions, identifying issues, and leveraging your credibility and relationships to achieve a collaborative and compliant solution to all issues you encounter
• You will have the opportunity to be a leader to junior members of the team by sharing your expertise, developing challenge projects for junior team members, and assisting in their development as a mentor or role model
• You are prepared to speak with senior management to represent your views in a coherent, clear, accurate, fact-based, and thorough manner so as to help drive top-down compliance solutions

Skills You’ll Need

• Advanced experience in and knowledge of Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and NFA swap dealer and security-based swap dealer regulations preferably in a Compliance or Legal Advisory role advising businesses directly
• A bachelor’s degree or equivalent work experience; JD/MBA preferred, but not required
• Demonstrated understanding of the business, particularly with the focus on Fixed Income and Currencies business
• Experience writing and implementing policies and procedures, management information and reports to regulators
• Product knowledge and regulatory experience within the Over The Counter (OTC) derivatives and security-based swaps businesses is a plus

Skills That Will Help You Excel

• Excellent communication skills, both written and spoken, including the ability to make, support and defend difficult and/or complex regulatory/compliance decisions, and escalate issues when discovered in a sensitive, discreet, accurate, and professional manner
• Experience and an affinity working in a fast paced, highly complex environment with tight deadlines, while still maintaining perspective, thoughtful analysis, and reason
• Proactive. You observe your environment and volunteer when something needs to be done, you want to be accountable and recognized as accountable, you are not waiting for assignments to find you
• Ability to project confidence, thoughtfulness, ethical consideration, and professionalism in all dealings
• Strong interpersonal skills and the ability to manage processes and drive change and accountability with key internal stakeholders

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY 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.

The salary range for this position in New York is $125,000 to $203,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.