Job Description:

Job Title CB TSS BCU

Corporate Title Director

Location New York, NY

Overview

The Business Control Office is a Global front office function within Corporate Bank Divisional Control Office with the primary objective to support the product, sales desks, and its supervisors by creating a robust control framework as part of the first line of defence.

The team’s mandate is to identify non-financial risks such as regulatory, conduct and systemic risks, define mitigation processes for those risks, as well as to develop, implement and monitor Level 1 controls. In addition to working closely with the product, RTM, coverage and sales desks, the group’s reach and interaction will be broad, including engagement within Corporate Bank (CB), Divisional Control Officer (DCO) and those functions forming the 2nd Line of defence within the 3 Lines of Défense (3LoD) program.

You will be in the Corporate Bank Divisional Control Office function heading the Trust & Securities Services (TSS) Business Control office Desk. You will also be participating in some of the Cross CB NFR projects from time to time.

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

• Partner with 1Lod supervisors, in managing non-financial risk for the TSS business, and be the primary contact on topics related to NFR, e.g. Regulatory & Audit Governance,
• Control governance, supervision and conduct, etc.
• Monitor business and operational issues which results in regulatory, reputational or monetary risk to the franchise, report to senior management and work closely with the business and other stakeholders to put solutions towards mitigation of such issues
• Monitor ongoing/ upcoming Audits regionally and globally, understand scope from Auditors, update stakeholders and attend regular Audit meetings
• Support Regulatory reviews from preparation through to engagement
• Monitor and partner with TSS Business Supervisors on remediation of Audit and Regulatory observations and ensure sustainable and timely remediation
• Participate in Global/regional projects and initiatives on the back of regulatory developments, policies affecting markets, etc.
• Identify gaps in risk remediation, emerging risks and control gaps; escalate to Senior business heads and ensure proper remediation
• Participate in/ run NFR Ggovernance meetings, validate existing risk topics, update progress status and engage with relevant stakeholders to ensure factual projection of suitable risk rating and mitigation factors adopted/ to be adopted

• Primarily responsible for coordinating and managing key NFR metrics and assessment / delivery to relevant stakeholders; manage the information need of senior management as well as external stakeholders, enabling data-driven decision making
• Play a proactive role in further developing DCO sharing and developing best practices on business process re-engineering and multi-initiative management
• Develop professional working relationships with colleagues, the business and respective supporting teams.

Skills You’ll Need

• Extensive experience in non-financial risk management domain, preferably within Corporate Bank
• Strong background/knowledge of the Trust & Securities Services business

Skills That Will Help You Excel

• Strong leadership and management abilities to lead front-to-back risk remediations / regulatory programs and to engage with senior stakeholders
• Excellent analytical capabilities and conceptional thinking with aptitude in decision-making and problem solving
• Highly motivated to drive change, self-reliant and structured way of working with high willingness to take responsibility, and ability to deliver highest level of quality under time pressure
• Ability to detect and trouble-shoot issues with a high attention to detail
• Strong team player, collaborator and ability to work in virtual global teams and within a matrix organization
• Excellent communication and presentation skills

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY 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 is $170,000 - $308,000. 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 remuneration.

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 here to learn more!

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

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.