Compliance Testing/Audit Lead, Deutsche Bank

Banking/Financial Services

$117-206k

Senior and Expert level

New York

Office located in 875 Third Avenue, NY

Investment bank and financial services company

Job no longer available

Investment bank and financial services company

1001+ employees

B2CB2BInvestingTradingFinancial Services

Job no longer available

$117-206k

Senior and Expert level

New York

Office located in 875 Third Avenue, NY

1001+ employees

B2CB2BInvestingTradingFinancial Services

Company mission

To be the leading global provider of financial solutions for demanding clients, creating exceptional value for its shareholders and people.

Job

Company

Role

Who you are

Proven knowledge of regulations governing financial institutions including the BSA, USA PATRIOT Act, sanctions, and financial services rules and regulations of the FRB, FINRA, SEC, NFA, and CFTC etc
Proven financial services experience, with exposure to asset management related products and services such as broker dealer, investment advisory, fixed income, and equities
Proven expertise in AFC and Compliance Testing or Internal Audit within a large complex financial services organization
Strong business writing experience and expertise, including policy and procedures
Expertise in interpreting various laws, regulations, policies, and developing testing strategies to assess
Excellent interpersonal and communication skills and experience with the ability to interact effectively with internal and external stakeholders, including regulators and senior management
Strong analytical and investigative, critical thinking skills including the ability to identify the root cause of issues
Proven ability to manage multiple compliance reviews and projects at the same time and meet quality standards and deadlines
Educated to graduate degree level or with relevant industry experience

What the job involves

The DWS Anti-financial Crime (AFC) and Compliance Testing team, part of the AFC and Compliance Department, conducts reviews to evaluate the firm’s compliance with applicable laws and regulations and to help ensure that control gaps are adequately escalated and mitigated through remedial actions
The Senior Compliance Testing Officer will support the Americas Head of AFC and Compliance Testing in leading reviews, tests, and branch inspections designed to provide assurance that the internal control framework is effective in mitigating AFC and Compliance risk within DWS in the Americas Region
Leading AFC and Compliance reviews in order to assess and review compliance with legal, regulatory, and internal firm policy requirements applicable to DWS products and services in the Americas
Developing testing modules and conduct testing across all DWS Americas business activities to evaluate adherence to regulatory requirements
Building and maintaining effective relationships with business line leadership, business line AFC and Compliance, Operations groups, Internal Audit, Testing peers in Deutsche Bank, and other stakeholders and partners throughout the region
Supporting the development of a testing universe and review plans based on the results of the annual AFC and compliance risk assessment, ensuring the review plan addresses regulatory priorities and that reviews are designed to meet applicable regulatory guidance
Utilising subject matter expertise with respect to applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations
Identifying AFC and Compliance risks inherent in a business or process and assess whether the control framework in place is effectively managing these risks
Determining the root cause of issues and guide the development of effective remediation plans to mitigate the risks
Preparing reports to DWS leadership and senior management detailing review findings and recommendations. Periodically report on significant activities conducted and planned for the upcoming period
Ensuring that all findings and recommendations are entered into the appropriate issue tracking system for managing corrective actions effectively and performing follow-up and final validation to ensure proper resolution
Meeting with senior management in AFC and Compliance, lines of business, and other stakeholders to provide overview of significant risks and control gaps

Our take

Deutsche Bank is one of Europe's biggest banks, operating in around 60 countries. It has a long history but hasn't struggled to keep up with the changing times. Like launching Vert, a digital payments service for small and medium businesses, and focusing on investments that are good for the environment and society.

The banks performance in 2025 has been impressive too. In the first nine months, pre-tax profit reached €7.7B (up 64% from last year) and net profit climbed to €5.6B (a 76% increase). And all business divisions delivered double-digit profit growth, supported by revenue gains and disciplined cost management.

If this wasn't impressive enough, the bank is also making strong progress in ESG, reporting €23B in sustainable financing in the third quarter of 2025 alone. With these healthy finances, a clear strategic direction, and a focus on responsible growth, Deutsche Bank is in a very promising position for the future.