AFC & Compliance Officer, Deutsche Bank

Compliance Testing

$78.8-145k

Junior and Mid level

New York

Some travel may be required

Office located in 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

$78.8-145k

Junior and Mid level

New York

Some travel may be required

Office located in 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

BA or BS Degree a must
JD, MBA or Master's Degree a plus
Strong knowledge of regulations governing financial institutions including the rules and regulations of the FRB, FINRA, SEC, NFA, and CFTC
Knowledge of asset management related products and services (e.g. broker dealer, investment advisory, fixed income and equities)
A background in compliance testing, audit or risk is a strong plus
Strong business writing skills
Some travel may be required
Relevant experience with a financial services firm within Legal, AFC, Compliance, Operations or Audit and/or regulatory organization in a role that relates to financial services
Ability to understand and interpret various laws, regulations, and policies
Excellent interpersonal and communication skills with the ability to interact effectively with internal and external stakeholders, including regulators and senior management
Strong analytical and investigative skills
Strong problem solving skills including the ability to identify the root cause of issues
Strong organizational and project management skills and attention to detail
Ability to manage multiple compliance reviews and projects at the same time and meet timely deadlines
Ability to apply knowledge of regulations to numerous types of activities and operational arrangements in addition to interpreting the effect of new regulations on these activities

What the job involves

DWS’s Anti-financial Crime (AFC) and Compliance Testing team, a 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
Conduct compliance reviews under the direction of the Americas Head of AFC and Compliance Testing in order to assess and review compliance with legal, regulatory and internal firm policy requirements applicable to DWS products and services in the Americas
Develop testing modules and conduct testing across all DWS Americas business activities to evaluate adherence to regulatory requirements and compliance risks
Maintain solid working relationships with Business Line AFC and Compliance, Front Office, Operations, Group Audit, and other control groups throughout the region
Participate in developing a review work plan based on the results of the annual compliance risk assessment, in consultation with the Americas Head of AFC and Compliance Testing, Regulatory Adherence and Business Line AFC and Compliance management. Ensure review work plan addresses regulatory priorities and that reviews are designed to meet applicable regulatory guidance
Advise team members with respect to applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations
Identify AFC and Compliance risks inherent in a business or process and assess whether a control framework is in place to manage these risks or whether any existing control framework adequately manages the risks
Determine the root cause of issues and develop effective remediation plans to mitigate the risks
Escalate potential issues and exception items noted during the review process to senior management for discussion and further investigation if deemed necessary
Prepare and distribute reports to senior management detailing review findings and recommendations. Periodically report on significant activities conducted and planned for the upcoming period
Ensure that all findings and recommendations are entered into AFC and Compliance Testing’s Issue Tracker for tracking purposes and perform required follow-up of open issues to ensure proper resolution
Meet with senior management in AFC and Compliance, the business and other control functions to provide overview of significant risks and control gaps
Assist the team in drafting periodic reports to senior management and regulators, as well as in various other ad hoc projects

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.