New York, New York

Position Overview

Job Title: Fixed Income Compliance Officer

Corporate Title: Vice President

Location: New York, NY

Overview

As Global Markets Compliance Officer you will have oversight of credit flow trading businesses and secondary compliance coverage for securitized products trading businesses within the fixed income division. Deutsche Bank's flow credit sales & trading desks trade investment grade (IG), high yield (HY) and distressed bonds as well as par and distressed loans. As part of the credit sales team, you will work closely with the flow credit trading desks and distribute IG, HY and distressed bonds and par and distressed loans to third party investors. Deutsche Bank's securitized product trading (SPT) engages in secondary market making in commercial mortgage-backed securities (CMBS), US consumer and other asset-backed securities (ABS), collateralized debt obligations and collateralized loan obligations (CLOs). The securitized products sales teams which works closely with SPT and distributes the above referenced ABS products to third party investors.

What We Offer You:
  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Retirement savings plans, parental leave, and other family-friendly programs
  • An environment that encourages networking and collaboration across functions and businesses
  • Active engagement with the local community through Deutsche Bank's specialized employee groups


Hear from our people and look inside our office: DB@The Muse

Your Key Responsibilities:
  • Develop and enhance compliance policies and procedures and coordinate with global colleagues in developing global standards
  • Assist with the establishment of an appropriate control framework tailored to the activities of the specific core rates & municipals and flow credit business lines
  • Analyze proposed and enacted regulations and determine impact to supported fixed income business lines
  • Conduct periodic risk assessments of the core rates & municipals and flow credit business lines and their control frameworks
  • Develop and deliver compliance training on appropriate topics


Your Skills and Experience:
  • Relevant experience providing compliance or legal coverage to a sales or trading desk at a broker/dealer working on or providing trade/sales support to such a desk
  • Functional knowledge of the US fixed income and derivative trading regulatory framework, the '33 Act and the '34 Act, FINRA, SEC, broker dealer regulations and other relevant bank regulations
  • A detailed understanding of how securitized products are traded (knowledge of front-office trading applications and TRACE report requirements)
  • Ability to provide real-time guidance to the core rates & municipals and flow credit platforms on compliance matters including regulatory requirements as well as readily analyze complex transactions and assess an array of compliance considerations including information barriers, conflicts of interest, cross-border issues, and market conduct/market abuse
  • A JD degree from an accredited institution is required, as well as the ability to identify and escalate relationships or trades which pose reputational risk to Deutsche Bank or create a conflict of interest


How You'll Lead:
  • Develop and enhance compliance policies and procedures and coordinate with global colleagues in developing global standards
  • Assist with the establishment of an appropriate control framework tailored to the activities of the specific core rates & municipals and flow credit business lines
  • Analyze proposed and enacted regulations and determine impact to supported fixed income business lines


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.

Click here to find out more about diversity and inclusion.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: \"EEO is the Law poster\" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

New York, New York

Our vision

We aspire to be the leading client-centric global universal bank

We serve shareholders best by putting our clients first and by building a global network of balanced businesses underpinned by strong capital and liquidity.

We value our German roots and remain dedicated to our global presence.

We commit to a culture that aligns risks and rewards, attracts and develops talented individuals, fosters teamwork and partnership and is sensitive to the society in which we operate.

Our values and beliefs

Integrity

  • We live by the highest standards of integrity in everything we say and do
  • We will do what is right – not just what is allowed
  • We communicate openly; we invite, provide and respect challenging views

Sustainable Performance

  • We drive value for shareholders by putting long-term success over short-term gain
  • We encourage entrepreneurial spirit which responsibly balances risk and returns
  • We pursue lasting performance by developing, nurturing and investing in the best talent and by managing based on merit

Client Centricity

  • We earn our clients’ trust by placing them at the core of our organization
  • We deliver true value by understanding and serving our clients’ needs best
  • We strive to pursue mutually beneficial client relationships in which the value created is shared fairly

Innovation

  • We foster innovation by valuing intellectual curiosity in our people
  • We enable our clients’ success by constantly seeking suitable solutions to their problems
  • We continuously improve our processes and platforms by embracing new and better ways of doing things

Discipline

  • We protect the firm’s resources by always thinking and acting like owners
  • We live by the rules and hold ourselves accountable to deliver on our promises – no excuses
  • We achieve operational excellence by striving to ‘get it right the first time’

Partnership

  • We build diverse teams to generate better ideas and reach more balanced decisions
  • We put the common goals of the firm before ‘silo’ loyalty by trusting, respecting and working with each other
  • We act as responsible partners with all our stakeholders and regulators, and in serving the wider interests of society

Our brand

Deutsche is clear: we are here to perform – in business and beyond. We do this with a unique mix of passion and precision. This measured approach gives us the confidence to enable agile minds to look beyond the obvious, gaining advantage for everyone we work with.