Corporate Bank Securities Services, BCU Head Director

Position Overview

Details of the Division and Team:

The Business Control Office is a Global front office function within Corporate Bank Divisional Control Office with the primary objective to support the product, sales desks, and its supervisors by creating a robust control framework as part of the first line of defence.

The team's mandate is to identify non-financial risks such as regulatory, conduct and systemic risks, define mitigation processes for those risks, as well as to develop, implement and monitor Level 1 controls. In addition to working closely with the product, RTM, coverage and sales desks, the group's reach and interaction will be broad, including engagement within Corporate Bank (CB), Divisional Control Officer (DCO) and those functions forming the 2nd Line of defence within the 3 Lines of Dfense (3LoD) program.

You will be in the Corporate Bank Divisional Control Office function heading the SES Business Control office Desk. You will also be participating in some of the Cross CB NFR projects from time to time.

What we will offer you:

A healthy, engaged and well-supported workforce is 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 center.

You can expect:

• Flexible benefits plan including virtual doctor consultation services

• Comprehensive leave benefits

• Gender Neutral Parental Leave

• Flexible working arrangements

• 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities:

• Partner 1Lod supervisors, in managing non-financial risk for the SES business, and be the primary contact on topics related to NFR, e.g. Regulatory & Audit Governance,

• Control governance, supervision and conduct etc.

• Monitor business and operational issues which results in regulatory, reputational or monetary risk to the franchise, report to senior management and work closely with the business and other stakeholders to put solutions towards mitigation of such issues

• Monitoring of ongoing/ upcoming Audits globally, understand scope from Auditors, update stakeholders and attend regular Audit meetings

• Monitor and partner SES Business Supervisors on remediation of Audit and Regulatory observations and ensure sustainable and timely remediation

• Participate in Global/regional projects & initiatives on the back of regulatory developments, policies affecting markets

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

• Run NFR Governance Meetings, validate existing risk items, update progress status and work with relevant stakeholders to ensure factual projection of correct risk rating and mitigation factors adopted/ to be adopted

• Primarily responsible for coordinating and managing key NFR metrics and assessment / delivery to relevant stakeholders manage the information need of senior management as well as external stakeholders, enabling data-driven decision making

• Play a proactive role in further developing DCO sharing and developing best practices on business process re-engineering and multi-initiative management

• Develop professional working relationships with colleagues, the business and respective supporting teams.

Your skills and experience:

• At least 12+ years of proven experience in non-financial risk management domain, preferably within Corporate Bank

• Strong background/knowledge of the clearing and settlement, custody and Fund Services and operational processes

• Strong leadership and management abilities to lead front-to-back risk remediations / regulatory programs and to engage with senior stake-holders

• 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, and ability to deliver highest level of quality under time pressure

• Ability to detect and trouble-shoot issues with a high attention to detail

• Strong team player, able to work in virtual global teams and in a matrix organization

• Excellent communication and presentation skills

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

How we'll support you:

• Flexible working to assist you balance your personal priorities

• 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

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. to see what we do.

Deutsche Bank & Diversity

We strive for a 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.