Deutsche Bank (DB) is committed to the highest standards of control in the areas of Compliance and Anti-Financial Crime (AFC), which covers Anti-Money Laundering (AML), Sanctions and Embargoes (SAE), and Anti-Fraud Bribery and Corruption (AFBC).
The Management and all employees are required to adhere to these standards to protect DB and our reputation from those who intend to use our products and services for money laundering, bribery, corruption, fraud, market abuse and/or terrorist financing purposes.
The AFC Department is accountable for protecting DB from financial and reputational losses incurred by financial crimes by assessing, controlling and mitigating risks.
The Compliance Department promotes and enforces compliance with the law, drives a culture of compliance and ethical conduct in the Bank.
We do this by:
- developing and maintaining an open and transparent dialogue with regulators;
- providing timely, risk-based guidance, support and challenge to internal stakeholders;
- identifying, assessing, mitigating, monitoring and reporting on compliance and AFC risks;
- attracting, developing and retaining professionals who work together to deliver superior performance
**Overview**
Controls Testing & Assurance (CT&A) includes a team dedicated to inspections on site in the IPB network.
Inspections on site team is responsible for providing assurance on the design and operating effectiveness of the business' control environment and/or adherence to the applicable regulations and the Bank's policies within activities performed in IPB units and associated services (i.e., External cash vaults).
The Inspectors in Italy develops and executes sample tests/checks in IPB units covering the many risk types (e.g., Compliance, AFC, etc.)
across IPB business lines (BfE, Premium and DB Easy) and External cash vaults.
Additional monitoring checks may be executed on an ad-hoc basis.
Inspections are based on annual plan designed considering KRIs
The primary focus of the role is on Inspcetions on site.
However, the person may be required to perform other assurance activities, depending on the local needs and requirements.
**Key Responsibilities**
- Conduct inspections to enable successful delivery of the annual plan to the deadlines agreed and the standards defined in the global framework.
- Document and communicate inspections results using high quality reports.
- Agree issues with the head of inspected unit and track them to completion.
- Support continuous enhancement of the testing programme by identifying improvements and implementing them, while ensuring the programme remains aligned to the global framework and IPB operative instructions.
- Produce high quality management information (MI) on the reviews and the findings identified to enable read-across (e.g.
with other countries or divisions).
- Establish and maintain effective communication channels and working relationships with relevant stakeholders in the business and other control functions.
- Liaise with the other control functions (e.g., Compliance, AFC, DCO, NFRM, Internal Audit, COO, Risk, etc.)
to ensure a coordinated approach and effective resolution of issues.
**You will have**:
- A university degree or other closely related professional qualification.
- 5 years+ of experience gained from IPB Business or 3 years+ from Compliance, Audit, AFC, Risk or other type of regulatory background within the financial services industry.
- Experience on assessing and/or testing the design and operating effectiveness of IPB Operative model and/or Compliance frameworks, including investigation activities.
Good understanding of compliance risks and internal controls.
- Good knowledge of DB instructions about banking/financial markets business environment and products.
- Excellent analytical skills with a strong attention to detail.
- Excellent writing skills, including the ability to describe complex issues clearly and succinctly in ways that are easily understandable by others.
- Strong communication and negotiation skills, both written and verbal, with an ability to communicate effectively across all three lines of defence and technical team members.
An ability to align multiple stakeholders towards a common goal.
- Good skills with Excel, Word, Powerpoint.
- Language skills: excellent Italian, and intermediate level of English
**You will be**:
- Structured and organised in approach, demonstrating a high level of diligence and attention to detail - ability to ensure high quality and consistency in the deliverables produced.
- Results orientated and able to work independently and accurately in a fast paced environment within tight deadlines while prioritising workload with mínimal supervision.
- Proactive - will seek to find the right solution and options to issues within and outside their specific remit, without being prompted and within an appropriate matrix management framework.
- Assertive and engaging and able to quickly build and maintain effective wor