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Front Office-Risk Control Officer, Vice President - Military Veterans

at Deutsche Bank

Position Overview

Job Title: Front Office-Risk Control Officer

Corporate Title: Vice President

Location: New York, NY

Overview

The Global Financing & Credit Trading (GFCT) Business Control Unit (BCU) is a global function of the 1st Line of Defense (1LoD) responsible for the development, implementation and monitoring the non-financial risk framework (NFR). The team interfaces with the Business Management team, the Trading & Financing 1LOD desks as well as the 2nd and 3rd Line of Defense, DCO Functions and to the Regulators for 1LOD concerns. You will work along-side Business Management in the Business Management and Control (BMC) function. GFCT is part of the wider Fixed Income & Currencies (FIC) business of Deutsche Bank which spans multiple products and markets including Global Foreign Exchange, Rates, Global Emerging Markets (GEM), and Cross Product Structuring.

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, generous vacation, personal and volunteer days

  • 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, matching gift and volunteer programs


What You'll Do

  • Manage a portfolio of projects and ad-hoc initiatives with varying timeframes for delivery. Operate & test a set of controls in support of the business. Manage delivery and project updates for regulatory programs, audit findings, compliance testing findings and internal initiatives

  • Analyzing sets of controls to identify and understand 1LOD control gaps, opportunities for process efficiencies and automation and to develop and execute plans to remediate accordingly

  • Embed sustainable controls into the organization with supporting documentation and manage the transition of operating the controls with governance into RTB teams including offshore locations

  • Manage the annual and quarterly dynamic Risk and Control Assessment (RCA) process and support the identification of emerging risks

  • Manage the annual Structured Products Review

  • Facilitate read across of findings across the GFCT franchise and raise and track corresponding Self-Identified Issues



How You'll Lead

  • Develop and manage relationships with range of stakeholders from senior representatives in the Front Office, coordinating across 1LOD trading and sales business lines, business management, Compliance, Operations and infrastructure functions

  • Represent GFCT and act as key liaison for various internal governance bodies



Skills You'll Need
  • Previous Investment Banking experience, preferably within the Front Office and with exposure to second- and third-line functions, such as Compliance, Non-financial Risk, Human Resources, Legal and Group Audit



  • Sound understanding of the macro Investment Banking environment and industry initiatives, particularly around regulation with In-depth knowledge of the front-to-back trade lifecycle

  • Experience working with non-financial risk framework processes and requirements including risk assessment

  • Work experience from commercial banking seen as advantage

  • Acute ability to perceive, identify, assess, and articulate risks within the business lifecycle



Skills That Will Help You Excel

  • Confident to question the status quo business practice / existing control framework

  • The ability to work within a project team, build and implement plans and effectively liaise with all supporting functions to plan and co-ordinate across multiple stakeholders

  • Strong ability to present findings and implementation plans at senior management meetings

  • You must be organized with strong project management skills and the ability to co-ordinate and drive change across multiple stakeholders and effectively liaise with all supporting functions

  • Strong analytical and communication skills to review and synthesize technical content to senior level management - ability to simplify complex problems



Expectations

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.

The salary range for this position in New York City is $125,000 to $203,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

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.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email HR.Direct@DB.com.

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 hereto learn more!

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

#LI-HYBRID

#LI-REMOTE

#LI-ONSITE

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.

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, NY

Salary Range
$125,000 to $203,000
Deutsche Bank
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.

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