Country Compliance Brazil AVP Officer
Job ID: R0338313
Full/Part-Time: Full-time
Regular/Temporary: Regular
Listed: 2024-07-19
Location: Sao Paulo
Position Overview
Job Title: Compliance Officer – Brazil Compliance
Corporate Title: Assistant Vice President
Location: Sao 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
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources and volunteer programs
What You'll Do
Provide real-time advisory services to the business within Fixed Income & Currencies (FIC) Sales & Trading; Origination and Advisory 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
How You'll Lead
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 You'll Need
Bachelor's degree or equivalent; JD or MBA 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
Fluency in Portuguese and English is mandatory.
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 Sao Paulo, Brazil 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.
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.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
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