Compliance Officer

Job Title: Compliance Officer

Corporate Title: AVP

Location: São Paulo, Brazil

Overview

Compliance is mandated by regulators to be a fully independent control function that monitors, assesses and trains on compliance with legal and regulatory requirements and internal policies, provides advice on compliance to the management body and other relevant staff, and establishes policies and processes to manage compliance risks. Furthermore, Compliance performs second level controls & testing, monitors and reports on against risk appetite and establishes procedures in case of risk type appetite breaches.

This role within the Compliance Brazil advisory team covers a wide array of compliance responsibilities including but not limited to advice, advocacy, product/service review and approval, training, surveillance, regulatory watch and monitoring of controls as part of our comprehensive program for ensuring compliance with the Brazil regulations and guidelines as well as the global, regional and local standards, policies and procedures of Deutsche Bank, with the ultimate aim of protecting the interests of our clients and the integrity and reputation of Deutsche Bank. Based in Sao Paulo, you will provide proactive and sound advice on compliance and regulatory matters to business partners and will work closely with other functions of the Bank to ensure compliance with the highest standards of control and processes.

You will focus on providing real-time support to the Investment Bank Sales & Trading business which focuses on Global Emerging Markets, in addition to Origination and Advisory Services and Corporate Banking solutions. You will advise on matters (questions, problems, or proposals) related to Investment and Corporate Banking activities, surveillance and monitoring of controls, supervision, and other topics that are typical for a large global investment bank.

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
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

What You’ll Do

• Provide real-time advisory services to the business within Fixed Income & Currencies (FIC) Sales & Trading, Merger & Acquisition and Corporate Banking solutions.  Identify regulatory trends and developments that impact business areas, and advise staff as to how this may impact their current activities
• Advise business areas on Firm policies and procedures and applicable securities laws and regulations; draft, update, and implement relevant policies and procedures
• Provide regulatory/compliance training; assist the Business in implementing and documenting various supervisory/control mechanisms
• Participate in internal investigations, respond to regulatory inquiries, and coordinate internal and external audits and inspections; interact with regulators. Daily monitoring of judicial court orders received from Central Bank of Brazil (BCB), and Securities and Exchange Commission (CVM), to identify requests to the bank and review of the response letters to attend the court orders
• Support the global compliance monitoring program by providing input on the framework documents and completing verification checks as outlined the in the annual monitoring plan
• Perform testing and monitoring of compliance with Firm policies and conduct risk assessments of the Business to ensure effective business control framework

Skills You’ll Need

• Bachelor’s degree or equivalent; JD (Juris Doctor) or MBA is a plus
• Significant financial industry experience. 10+ years Compliance/ Regulatory background in financial institutions. Required experience as business line compliance officer, interacting with regulatory bodies and of conducting general regulatory audits
• Experience in team management is a plus
• Fluency in Portuguese and English is mandatory
• Excellent oral and written communication skills
• Ability to make, support, and defend difficult and complex regulatory/compliance decisions in a fast-paced and high-pressured environment
• Ability to project confidence and professionalism in dealings with senior business personnel

Skills That Will Help You Excel

• Relevant experience providing compliance or legal coverage to a sales or trading desk at a broker/dealer/regulated bank.
• Functional knowledge of the applicable laws, rules and regulations of the Central Bank of Brazil (BCB), Securities and Exchange Commission (CVM), Brazilian government and other relevant bank regulators; as well as industry best practice
• Strong written and verbal communication and presentation skills, with the ability to effectively influence others and engage senior stakeholders and foster collaboration among Compliance, the Business and other infrastructure functions
• Action-oriented and delivery focused with a disciplined approach and an ability to be proactive, work under pressure, and within tight deadlines while maintaining accuracy, showing initiative, and reacting quickly to changes in priorities
• Ability to project confidence and professionalism in dealings with senior business personnel

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Brazil office in accordance with the Bank’s hybrid working model which means at least 3 days per week.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

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

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.