Compliance, as a 2nd Line of Defence, seeks to protect the licences of Deutsche Bank (“DB”) to operate by promoting and enforcing adherence with laws, regulations, rules, expectations of regulators, the standards of self‑regulatory organisations, and codes of conduct/ethics in connection with the Bank’s regulated activities and driving a culture of compliance and ethical conduct in the Bank. Compliance and AFC also seeks to provide independent, proactive and forward‑looking challenge and advice to senior managers as well as all employees.
The VP/AVP is responsible for Compliance Advisory to ensure that all relevant policies, procedures, systems and controls are implemented effectively, all relevant legal, regulatory and DB Group requirements are met and any Compliance risks are appropriately addressed and mitigated.
In discharging the role, the VP/AVP is expected to: