Illinois CPA Society
Head of Financial Crime Risk & Compliance Business Control and Oversight CB & IB
Illinois CPA Society, New York, New York, us, 10261
Job Description:
Job Title:
H e a d o f F i n a n c i a l C r i m e Risk & Compliance B u s i n e ss C o n t r o l a n d O v er s i g h t C B & IBCorporate Title:
Managing DirectorLocation:
New York, NY
Overview
The CB/IB Financial Crime Risk and Compliance Business Control Oversight (FCR&C BCO) unit sits within Deutsche Bank's CB IB Operations and Controls with the FCR&C BCO Head of reporting directly to CB/IB MB Board member. The FCR&C BCO unit has mandate to provide a CB/IB Center of Excellence for strengthening 1st Line of Defense (LOD) FCR&C risk ownership through expert frameworks, controls, assurance, training, culture, and consequence management with subject matter experts (SME) skills and working collaboratively with 2/3 LOD colleagues.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift, and volunteer programsWhat You'll Do
Identify and assess Financial Crime & Compliance risks in the Corporate Bank (CB) and the Investment Bank (IB), including:
Oversight holistic risk appetite framework that is actionable by the businesses and measurableReinforcing a financial crime & compliance risk-oriented culture
Ensure key 1st line of defense controls and procedures to satisfy financial crime and compliance related legal and regulatory requirements are appropriately designed, implemented and where necessary, remediatedSupport engagement with external stakeholders - including regulators and monitors representing CB and IB and coordinating business responseProvide business-side leadership of the strategic Anti Financial Crime program, including consideration and adoption of new tools and technologies aiding preventative controlsOversight the Sensitive Client FrameworkLead CB/IB Financial Crime Risk Culture & Training program and facilitate collaboration and partnership between CB and IB businesses, AFC, Compliance and Technology, data and Innovation, to ensure end-to-end controls are well designed and effectiveHow You'll Lead
Financial Crime Business Control Officers (dotted lines) - creating consistent risk appetite setting, control effectiveness and risk reporting across the IB and CB businessesDirect team including: Compliance & Regulatory; FCR & C Strategy, Risk, & Governance; and Policy & Framework functionsOversight of the Client Trading Oversight Council; working in close partnership with Anti Financial Crime as well as Technology, Data and Innovation teams to drive execution within CB and IB; also, coordinating closely to the Front-2-Back Architecture Team within CB / IB to ensure strong alignment of solutions and avoidance of duplicative effortsSkills You'll Need
Ensuring that (a) laws and regulations are well understood by the business, (b) policies and risk appetites are created, (c) a complete and accurate controls inventory is created, (d) dynamic risk assessments are performed, and (d) information is produced and used to appropriately manage the risk.Managing a holistic Risk Appetite framework with granular Risk Appetite statements that are relevant and actionable for CB and IB, with appropriate metrics established to:
Measure actual activity against the statementsIdentify where our residual risks exceed our appetite, and in these scenarios, proactively engage with the business and Control functions to take mitigating actions
Providing oversight and coordination of financial crime and compliance related regulatory obligations owned by CB and IBProviding oversight of and leadership to the CB and IB contribution to Financial Crime remediation programs, including:
KYC transformationTransaction monitoring remediationFraud, Bribery & Corruption remediation programs
Taking single-point responsibility for the CB and IB engagement with regulators, monitors and skilled person for Financial Crime related matters; providing leadership of Client Risk Program and ownership of the Sensitive Clients FrameworkSkills That Will Help You Excel
Excellent verbal and written communication skills with the ability to synthesize complex problems into concise conclusionsAbility to inspire, engage and motivate others throughout the organization and act as a role model for others with regards to commitment to the core values and social responsibility of Deutsche BankA team first mindset approach to problem solvingA drive and ability to reach stretch goals and achieve beyond what is expectedAbility to embrace and capitalize upon workplace diversityExpectations
It is the Bank's expectation that employees hired into this role will work in the New York 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 City is $450K to $650K. 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 renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please email HR.Direct@DB.com .
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 authenti-cally 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. Click here to learn more!
#LI-HYBRID
#LI-REMOTE
#LI-ONSITE
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .
#J-18808-Ljbffr
Job Title:
H e a d o f F i n a n c i a l C r i m e Risk & Compliance B u s i n e ss C o n t r o l a n d O v er s i g h t C B & IBCorporate Title:
Managing DirectorLocation:
New York, NY
Overview
The CB/IB Financial Crime Risk and Compliance Business Control Oversight (FCR&C BCO) unit sits within Deutsche Bank's CB IB Operations and Controls with the FCR&C BCO Head of reporting directly to CB/IB MB Board member. The FCR&C BCO unit has mandate to provide a CB/IB Center of Excellence for strengthening 1st Line of Defense (LOD) FCR&C risk ownership through expert frameworks, controls, assurance, training, culture, and consequence management with subject matter experts (SME) skills and working collaboratively with 2/3 LOD colleagues.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift, and volunteer programsWhat You'll Do
Identify and assess Financial Crime & Compliance risks in the Corporate Bank (CB) and the Investment Bank (IB), including:
Oversight holistic risk appetite framework that is actionable by the businesses and measurableReinforcing a financial crime & compliance risk-oriented culture
Ensure key 1st line of defense controls and procedures to satisfy financial crime and compliance related legal and regulatory requirements are appropriately designed, implemented and where necessary, remediatedSupport engagement with external stakeholders - including regulators and monitors representing CB and IB and coordinating business responseProvide business-side leadership of the strategic Anti Financial Crime program, including consideration and adoption of new tools and technologies aiding preventative controlsOversight the Sensitive Client FrameworkLead CB/IB Financial Crime Risk Culture & Training program and facilitate collaboration and partnership between CB and IB businesses, AFC, Compliance and Technology, data and Innovation, to ensure end-to-end controls are well designed and effectiveHow You'll Lead
Financial Crime Business Control Officers (dotted lines) - creating consistent risk appetite setting, control effectiveness and risk reporting across the IB and CB businessesDirect team including: Compliance & Regulatory; FCR & C Strategy, Risk, & Governance; and Policy & Framework functionsOversight of the Client Trading Oversight Council; working in close partnership with Anti Financial Crime as well as Technology, Data and Innovation teams to drive execution within CB and IB; also, coordinating closely to the Front-2-Back Architecture Team within CB / IB to ensure strong alignment of solutions and avoidance of duplicative effortsSkills You'll Need
Ensuring that (a) laws and regulations are well understood by the business, (b) policies and risk appetites are created, (c) a complete and accurate controls inventory is created, (d) dynamic risk assessments are performed, and (d) information is produced and used to appropriately manage the risk.Managing a holistic Risk Appetite framework with granular Risk Appetite statements that are relevant and actionable for CB and IB, with appropriate metrics established to:
Measure actual activity against the statementsIdentify where our residual risks exceed our appetite, and in these scenarios, proactively engage with the business and Control functions to take mitigating actions
Providing oversight and coordination of financial crime and compliance related regulatory obligations owned by CB and IBProviding oversight of and leadership to the CB and IB contribution to Financial Crime remediation programs, including:
KYC transformationTransaction monitoring remediationFraud, Bribery & Corruption remediation programs
Taking single-point responsibility for the CB and IB engagement with regulators, monitors and skilled person for Financial Crime related matters; providing leadership of Client Risk Program and ownership of the Sensitive Clients FrameworkSkills That Will Help You Excel
Excellent verbal and written communication skills with the ability to synthesize complex problems into concise conclusionsAbility to inspire, engage and motivate others throughout the organization and act as a role model for others with regards to commitment to the core values and social responsibility of Deutsche BankA team first mindset approach to problem solvingA drive and ability to reach stretch goals and achieve beyond what is expectedAbility to embrace and capitalize upon workplace diversityExpectations
It is the Bank's expectation that employees hired into this role will work in the New York 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 City is $450K to $650K. 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 renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice, please email HR.Direct@DB.com .
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 authenti-cally 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. Click here to learn more!
#LI-HYBRID
#LI-REMOTE
#LI-ONSITE
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .
#J-18808-Ljbffr