Job Title Risk and Controls Fixed Income and Currencies (FIC) Trading Business Controls Unit (BCU)

Location London

Corporate Title Director

The BCU is a global function of the 1st Line of Defence (1LoD) responsible for the development, implementation and monitoring the non-financial risk framework (NFR). The team interfaces between the 2nd and 3rd Line of Defence, Divisional Control Office (DCO) Functions and the Regulators for 1LOD concerns.

The FIC division spans multiple products and markets including Global Foreign Exchange (GFX), Rates, Global Financing and Credit Trading (GFCT), Global Emerging Markets (GEM), Counterparty Portfolio Management and Cross Product Structuring.

You will manage the FIC BCU Risk and Control team and support the FIC businesses to complete the global annual Risk & Controls Assessment (RCA) and monthly dynamic RCA, and oversight of key Non-Financial risk metrics.

What we’ll offer you

A 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

• Responsible for two direct reports in London, and a direct report in India who runs a team of 7 RCA BCUs

• Develop and execute a target operating model for key operational processes, including RCA execution, and other NFR topics, including execution of a new RCA team run offshore in India to create a center of excellence for NFR process, automation, and data analytics

• Participate and/ or lead in Global/regional NFR projects & initiatives on the back of regulatory developments or policies changes

• Identification of gaps in risk remediations, Emerging Risks and Control Gaps, escalate with Senior business heads and ensure robust remediation

• Participate/Run NFR Governance Meetings and drive RCA with relevant stakeholders to ensure factual projection of correct risk rating and risk statements, manage the information need of senior management as well as external stakeholders, enabling data-driven decision making

• Play a proactive role in further developing FIC BCU sharing and developing best practices on business process and multi-initiative management

Your skills and experience

• Investment Banking experience, preferably within Front Office and with exposure Compliance, Non-Financial Risk, and Audit functions

• Experience and understanding in Non-Financial Risk management and assessment process, preferably with knowledge of FIC products

• Strong project management skills and the ability to co-ordinate and drive change across multiple stakeholders and effectively liaise with all supporting functions

• Excellent analytical capabilities and conceptional thinking with aptitude in decision-making & problem solving

• Highly motivated to drive change, self-reliant and structured way of working with high willingness to take responsibility

• PowerPoint skills essential, excel beneficial, AI abilities would add value to the role

How we’ll support you

• Training and development to help you excel in your career

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• 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.