Job title: Regulatory Engagement Lead CIO CB USA – Vice President
Company: Deutsche Bank
Job description:
Job Title: Regulatory Engagement Lead – CIO Corporate Bank USA
Corporate Title: Vice President
Location: New York, USA
About Us
At Deutsche Bank, we’re all about collaboration and innovation. Our Corporate Bank division shines in cash management, trade finance, and securities finance—tackling exciting projects that result in top-notch Securities Services products. Our team is a vibrant mix of individuals from diverse backgrounds, all united in our commitment to clean code and impactful delivery. We believe in rewarding agile thinkers with competitive compensation, support, and opportunities to thrive.
Your Role
As the Vice President of Regulatory Engagement for Chief Investment Officers (CIO) in the Corporate Bank (CB), you will serve as a key player, steering our engagement with regulatory bodies on technology-related matters. You’ll be interacting with prominent US regulators, including the Federal Reserve Bank (FRB), the Office of the Comptroller of the Currency (OCC), and the New York Department of Financial Services (NYDFS). Your role will also involve contributing to examinations from other regions, especially when US-focused questions arise.
Your responsibilities will include managing monitorships and third-party reviews ordered by US regulators—most notably the annual FRB-mandated Office of Foreign Assets Control (OFAC) Compliance Review, where your contributions will make a significant impact. We’re looking for someone who can promptly and clearly address any regulatory requests, whether they come from exams, meetings, or ad-hoc inquiries, always aligning with our regulators’ expectations.
What You’ll Bring
- Collaboration Skills: You’ll proactively engage with our internal Technology, Data & Innovation (TDI) teams, management, Infrastructure groups, and businesses, as well as with regulators.
- Regulatory Knowledge: A solid understanding of US banking regulations and Deutsche Bank’s control environment, particularly in Information Technology (IT), Information Security (IS), and anti-financial crime (AFC) regulations, is crucial.
- Influential Communication: You should possess the ability to persuade internal stakeholders towards collaboration and constructive approaches.
- Analytical Mindset: Quickly dissecting questions and understanding what underlies them will be key. You should ask yourself, “Why are they inquiring?” and know where to find the answers within Deutsche Bank.
What We Offer You
- A welcoming and inclusive workplace that values change, innovation, and teamwork.
- A flexible hybrid working model, alongside generous vacation and personal days, including time for volunteering.
- Employee Resource Groups that promote an inclusive atmosphere and community involvement.
- Competitive compensation packages that include health and wellness benefits, retirement savings options, parental leave, and family-building support.
- Access to educational resources and programs that match your enthusiasm for giving back.
Responsibilities
- Act as the main contact for technology-related discussions with US regulators, including the FRB, OCC, DFS, and also address inquiries from foreign regulators.
- Stay well-versed in key regulations and standards around the Bank Secrecy Act (BSA), AML, OFAC, payments, cybersecurity, and data management while crafting strategies to tackle regulatory challenges.
- Keep track of regulatory updates and ensure compliance by utilizing Deutsche Bank’s Regulatory Adherence Framework.
- Foster internal education on regulatory expectations and best practices to promote understanding and compliance.
- Build and maintain strong relationships internally and externally, potentially representing the bank in industry groups on technology matters.
How You’ll Lead
- Collaborate closely with technology and business partners in developing and implementing the Bank’s risk framework.
- Advocate for a proactive risk culture within technology teams to enhance our overall risk management.
- Keep senior management, auditors, and regulators informed about project milestones and deliverables.
What You’ll Need
- Bachelor’s degree in Technology, Computer Science, Law, or a related field (advanced degrees like an MBA or LLB are a plus).
- Significant experience in regulatory engagement, especially concerning CIO CB topics, and solid familiarity with US banking regulators—your insights will guide our approach to technology risk.
- Expertise in IT and cybersecurity frameworks, operational resilience, and data privacy will be beneficial.
- Strong communication skills and analytical abilities to engage with senior stakeholders and navigate complex regulatory environments.
Expectations
We’re excited to find someone who will work from our New York office, in line with our hybrid working model. We also believe in providing reasonable accommodations for those who need them due to disability or religious needs.
Salary and Benefits
In New York City, the salary range for this position is $125,000 to $203,000. Actual salaries may vary based on skills, experience, education, and location. Our benefits are designed to support your physical, emotional, and financial wellness—helping you find balance in your work and life.
We invite you to learn from our current employees about their experiences and life at Deutsche Bank. We’re committed to creating a fair and inclusive work environment where everyone can thrive.
Deutsche Bank is proud to be an Equal Opportunity Employer—welcoming applications from people of all backgrounds. Come be part of a team where we’re empowered to work together and celebrate success!
Join us at Deutsche Bank—where collaboration and innovation meet opportunities and success.
Expected salary: $125000 per year
Location: New York City, NY
Job date: Thu, 20 Mar 2025 00:55:36 GMT
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