Job Description:Job Title Product Perimeter Control Execution Risk Senior SpecialistLocation LondonCorporate TitleAssistant Vice PresidentThe Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. Non-Financial Risk Management (NFRM) is a department within the Risk Division. As a Second Line of Defence function, NFRM is responsible for oversight across all aspects of non-financial risk (NFR), including risk identification and assessment, control framework, risk appetite and scenario analysis. The role will be part of the financial Product Perimeter Control Execution Team, within the newly formed Strategic Control-Execution Team, whose core mandate is to manage the financial product and non-vanilla transaction perimeters and lifecycles.
What we'll offer youA healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre. You can expect:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
- Competitive salary and non-contributory pension
- 30 days' holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
- The opportunity to support a wide-ranging CSR programme + 2 days' volunteering leave per year
Your key responsibilities - The day-to-day management and escalation of issues within the risk management and approval processes for amendments to the product perimeter (API) and new complex transactions.
- Managing the lifecycle of the API - breach investigation, conditions, dormancy, systematic product reviews.
- Escalating breaches of, or failures of involved parties to adhere to, the prescribed requirements for changes to the financial product perimeter and/or new non-vanilla transactions to the Global Head of the New Business Office and across to product / regional management as appropriate.
- Reporting relevant data to regional business management (e.g. Regional Management Board) and flagging key data points which are of particular relevance / interest to Business / Regional Management.
- Supporting globally the design and implementation of the NBO Future State as required.
- Responding to regulatory and audit requirements as required.
Your skills and experience - Experience in financial product governance within a major bank.
- Additional experience in business, finance, risk management, consulting, or similar role within financial services.
- Comprehensive understanding of the transactions and financials products offered by a Tier 1 investment bank as well as the supporting infrastructure and controls.
- Experience overseeing the execution of controls and an ability to identify opportunities for automation and streamlining.
- Experience working with senior stakeholders within a high-pressure dynamic environment and be willing to challenge as required.
How we'll support you - Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities e.g. Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)
About us Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do. Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion. 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.