Dodd-Frank Compliance Vice President (Swaps, Security Based Swaps and Volcker Rule) - Vice President - Military Veterans

at Deutsche Bank

New York, New York

Position Overview

Job Title: Dodd-Frank Compliance Vice President (Swaps, Security Based Swaps and Volcker Rule)

Corporate Title: Vice President

Location: New York, NY


You will be responsible for supporting both the Firm's existing swap dealer compliance program (CFTC-regulated swaps), as well as the Firm's ongoing implementation of a new security-based swap dealer compliance program (SEC-regulated security-based swaps). Deutsche Bank's swap dealing businesses comprise OTC derivatives products across FX, rates, credit, commodities and equities. Deutsche Banks's security-based swap dealing activities include single name credit default swaps and total return swaps, as well as other SEC-defined security-based swaps (e.g. swaps on narrow-based indices).

While you will be focused on swap dealer compliance and security-based swap dealer compliance, you will also assist in supporting the Firm's Volcker compliance program

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

Return to Office:

At this time, all individuals present in the location must be fully vaccinated for Covid-19
  • It is the Bank's expectation that employees hired into this role will work in the New York 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

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

Your Key Responsibilities:
  • Assist with the ongoing development and implementation of Deutsche Bank's global swap dealer and security-based swap dealer manuals and other policies and procedures
  • Provide continuous monitoring of the Firm's swap dealer and security-based swap dealer compliance programs to identify program gaps and/or enhancement opportunities; work with internal and external stakeholders to identify and implement action plans in response to the same
  • Draft and distribute formal compliance alerts or informal notes with respect to the swap dealer and security-based swap dealer; work with internal and external stakeholders on the ongoing development of first and second line of defense (1LOD and 2LOD) controls and surveillance needed for the swap dealer and security based swap dealer
  • Work with business line compliance and other relevant teams on annual swap dealer and security-based swap dealer risk assessments
  • Draft periodic (e.g., swap dealer annual CCO report, risk assessment reports) or ad-hoc reports, memos and other documentation, including regulatory responses
  • Conduct ad-hoc research and/or analysis related to laws, rules, regulations, and guidance or best practices related to the swap dealer and security-based swap dealer compliance programs

Your Skills and Experience:
  • Extensive experience in a financial services or equivalent role, preferably in a non-financial risk capacity (e.g., compliance, legal, or other risk management function) or within a trading environment; Bachelor's degree - JD a plus but not required
  • A working understanding or demonstrated capacity to obtain a working understanding of the Dodd-Frank Act Title VII as it pertains to the obligations of swap dealers and security-based swap dealers; working understanding or demonstrated capacity to obtain a working understanding of OTC derivatives
  • A working understanding of investment bank businesses, particularly fixed income and currencies (FIC) businesses, beyond Dodd-Frank (swap dealer and Volcker), working understanding of the regulatory framework applicable to investment bank business activities (e.g., SEC and FINRA broker-dealer rules, FRB Banking rules)
  • Ability to project confidence, thoughtfulness, and professionalism in all dealings and the ability to make, support, and defend difficult and/or complex regulatory/compliance decisions in a fast-paced environment
  • Excellent oral and written communication skills; experience in an investment banking environment, securities, and/or futures licenses, a plus

How You'll Lead:
  • Lead and support ongoing security-based swap dealer compliance program implementation efforts
  • Work with internal and external stakeholders on the development and ongoing testing/monitoring of the swap dealer and security-based swap dealer compliance programs
  • Develop and conduct training related to the swap dealer and security-based swap dealer compliance programs

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


  • 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


  • 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


  • 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’


  • 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.

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