Compliance Officer, Asset Management - Compliance Controls Testing

  • Deutsche Bank
  • London, United Kingdom
  • Jul 18, 2017
Full time Compliance

Job Description

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.

Working closely with the business, compliance professionals ensure that our risk based programme is both globally effective and locally anchored to our key divisional businesses. As an independent and robust second level control function, the Compliance Department seeks to manage compliance risk and deepen the culture of compliance at Deutsche Bank through the development and management of strategies that are sustainable and increases the trust of our clients.


Position Overview


Job title: Compliance Officer, Asset Management - Compliance Controls Testing
Corporate title: Assistant Vice President
Division: Compliance
Location: London


You will report to the UK Head of Compliance Controls Testing (CCT) for Asset and Wealth Management (AWM). The primary focus of this role will be to conduct compliance monitoring and controls testing reviews across Deutsche Bank’s Asset Management division in the UK.  The key objective of each review is to assess the adequacy and effectiveness of internal controls and to address compliance with local regulatory requirements.  Therefore, to be successful in the role, you will have demonstrable experience in Asset Management and a thorough understanding of regulations and risks affecting the division.

Key Responsibilities:

  • Identifying the scope and testing approach for reviews in line with the CCT methodology
  • Conducting fieldwork in line with the agreed test programme and adequately document tests and findings
  • Developing recommendations for corrective action based on review findings
  • Writing reports that present review results, articulate the rationale for findings, the risks posed and actions required to address those risks
  • Working with Business Line Compliance Officers and management to agree on appropriate action plans

Skills & Qualifications:

  • Proven experience in Asset Management and a thorough understanding of regulations and risks affecting the division
  • Previous experience of delivering compliance monitoring / internal audit reviews in a complex corporate environment (e.g. banking, large financial services institution, Big 4 firm)
  • The ability to understand and interpret various laws, regulations, and policies
  • Strong investigative and analytical skills – enquiry, analysis, interviewing, testing
  • Educated to Bachelor’s Degree level or equivalent qualifications / work experience
  • Familiar with financial products and instruments

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.