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Investment Bank Non-Financial Risk - Associate

Deutsche Bank

Deutsche Bank

Accounting & Finance
New York, NY, USA
Posted on Nov 27, 2024

Job Description:

Job Title Investment Bank Non-Financial Risk

Corporate Title Associate

Location New York, NY

Overview

The responsibilities of this role include support in the management of non-financial risk and divisional controls for the Investment Bank (IB). This role supports the Americas Investment Bank first line of defense (1LOD) function in developing and maintaining controls within the firm’s sub business line, supporting the Risk and Control (RCA) process to ensure that it is conducted at a level that sufficiently captures the discrete business processes, risks, and key controls and supporting the remediation book of work.

To be successful in this role, you will need to have adequate experience in banking, understanding of business controls and/or a background in Non-Financial Risk Management (NFR). Additionally, strong project management skills and the ability to interface with 1LOD business owners and second line of defense (2LOD) as it relates to the above-mentioned responsibilities.

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

  • This role will support and participate project management of the Americas regulatory remediation book of work (Matters Requiring Immediate Attention, RCA, Model Risk Control Programme, Bank Secrecy Act/ Anti-Money Laundering) which includes coordination with both 1LOD and 2LOD partners

  • This role will directly support the Americas RCA remediation and Americas RCA BAU book of work in leading coordination of the end-to-end process and controls mapping, demonstrating the RCA is consistently conducted at a level that sufficiently captures the discrete business processes, risks, and key controls (granularity) within the business line on an ongoing basis

  • This role will support the Operational Resiliency Program within the Investment Bank and serve as a though leader as it relates to the detection, prevention, and response to operational disruptions

  • This role will support ongoing regulatory reporting, adherence monitoring and governance

  • Responsible for non-financial risk and control management for IB broadly reporting to the IB Divisional Control Officer to include active support to ensure that the business is conducted in accordance with the applicable laws, regulations and in adherence to internal policies

Skills You’ll Need

  • Be familiar business controls and/or Non-Financial Risk

Skills That Will Help You Excel

  • Proven organizational, analytical, and problem-solving skills, aligned with excellent attention to detail and time management

  • Ability to work in an environment with strict reporting deadlines; strong written and oral communication skills

  • Ability to work with a team collaboratively on a book of work

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 City is $70K to $130K. 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.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.