Job Title: Model Risk Framework Lead, within Model Risk Governance & Control team

Location London

Corporate Title Vice President

The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, model, 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.

Within Model Risk Management, the Governance and Control team is responsible for group level framework design, portfolio model risk assessment and secretariat of model risk governance forums and processes. As Model Risk Framework lead, you will have responsibility of ensuring that the Model Risk framework is appropriate for the Bank

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

• In the Model Risk Framework Lead role, you will ensure that the Policy, Procedure and associated documents meet regulatory standards, aligned with best practice and comply with the Banks internal Governance requirements.
• Build and maintain relationships with key stakeholders both within the function and with external areas including Model Developers and Model Users to incorporate feedback into the Framework design and ensure practical decision making.
• Represent the department across different Bank initiatives including Bank wide Governance Fora
• Work with stakeholders and IT to ensure processes are efficiently aligned and controls clearly articulated and tracked.
• Ad-hoc projects, supporting model risk initiatives such as controls optimization or stakeholder training and representing Model Risk in stakeholder or regulatory initiatives.

Your skills and experience

• Relevant professional experience in the financial industry or consulting
• Experience and understanding of risk management governance with experience of model risk or the use of models
• Highly analytical and structured thinking with proven ability to solve specific problems solely and as part of a team
• Able to drive initiatives and design conceptual controls

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
• 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.

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.