Job Title: Embedded Risk Lead

Location: London

Corporate Title: Assistant Vice President

The Divisional Control Office (DCO) for KYC Ops and Business Financial Crime is responsible for monitoring, managing, and mitigating Operational Risk across the group. This includes supervision of the implemented risk and control strategy providing a consolidated view of operational risks for KYC including reporting of key issues, cyclical activities such as review of finding closures (internal and externally raised), control testing, incident research, remediation monitoring and other deep dive reviews.

This role presents a unique opportunity to have responsibility for global deliverables across the Risk and Control framework for 1LoD Business.

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 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

• Ensure that an effective, embedded and consistently applied governance structure is in place. This includes governing Key Risk Indicators (KRIs),monitoring by looking for issues requiring investigation.

• Audit Self-Identified Issue (SII) & Incident processes - Compliance to the firm’s Audit/SII and incident escalation process. Ensure operational risks are proactively identified and managed end to end through effective implementation of the ORM framework.

• Design and deliver a risk culture improvement programme to promote transparency & awareness of risk.

• Work in collaboration with multiple first and second line functions (inc. Regulatory Management Group (RMG), Anti financial Crime (AFC), Operational Risk Management (ORM), Business and 1LOD to ensure that all documentation related to Findings are accurately documented and evidence is fully validated to support closure

• Support with the timely and effective remediation of risk and control issues. Also, support Risk Owners to determine Key Controls or Control Gaps for the Unit.

Your skills and experience

• Substantial and relevant experience in a global banking environment. Preferable experience in an Audit, Controls Testing or 2nd line Assurance role.

• Knowledge of the risk and control frameworks required. Experience of KYC operations is preferable

• Strong communication, analytical and interpersonal skills.

• Client focused approach and ability to react quickly to changing demands

• Ability to work independently, as well as in a team setting

• Experience working under pressure and to tight deadlines with the ability to prioritise projects and workload

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 The Times Top 50 Employers for Gender Equality 2025 for six 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.