Country Compliance Brazil AVP Officer

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. Click here to find out more about our diversity and inclusion efforts.

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Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

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Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.