Divisional Risk and Control Specialist

Deutsche Bank; London; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A leading international bank in London is seeking an experienced Investment Bank Controls Officer. The role involves ensuring effective Non-Financial Risk control frameworks through Quality Assurance, assessments, and support to team members. Ideal candidates will have significant experience in control testing, strong communication skills, and the ability to work proactively in a fast-paced environment. This role offers a competitive salary and hybrid working options.

Benefits

Hybrid Working

Competitive salary

30 days’ holiday

Life Assurance

Private Healthcare

Flexible benefits

Qualifications

• Strong understanding of Non-Financial Risk and control design principles.
• Experience in Audit, Controls Testing, Assurance, or Business Control Unit.
• Effective communicator who can influence senior stakeholders.
• Proactive and able to meet tight deadlines.

Responsibilities

• Perform Quality Assurance on Key Controls.
• Guide Finding/Control Owners regarding effective controls.
• Support Assurance Team members in Mumbai.
• Perform Design and Operating Effectiveness on Key Controls.

Skills

Control design principles

Audit

Controls Testing

Assurance

Communication

Analytical skills

Proficiency in Microsoft Office

Job description

Overview

Job Title: Investment Bank Controls Officer – Assurance

Location: London

Corporate Title: Vice President

You will be joining the Control Assurance and Risk Identification Team in the Investment Bank’s (IB) Divisional Controls Office (DCO). DCO is responsible for the global control environment across IB and is closely aligned with the business, providing central oversight for Front Office (FO) control framework activities, including design, implementation, ongoing assurance/validation of key FO owned controls.

The purpose of the Team is to provide the IB with assurance that the Non-Financial Risk control framework is effective. The Team is responsible for testing the design and operating effectiveness of IB FO owned key controls and executing detection tests to stress test the operating effectiveness of key controls. They are also responsible for running scenario analysis workshops and Emerging Risk Forums either to explore potential Non-Financial Risk threats or to stress test the control environment; and performing quality assurance (QA) on Governance fora.

Your key responsibilities

• Perform Quality Assurance on design of Key Controls prior to Control Design Authority (CDA) meeting, by assessing whether the proposed control designs effectively mitigate the risk on a sustainable basis
• Assess whether a control needs to be brought to the CDA for approval
• Guide Finding/Control Owners as to what an effective and sustainable control entails
• Provide advice and training on control design principles
• Support and oversee Assurance Team members in Mumbai when they perform assurance on the newly designed controls post-CDA
• Perform Design and Operating Effectiveness on Key Controls

Your skills and experience

• Strong understanding of control design principles and Non-Financial Risk
• Experience in Audit, Controls Testing, Assurance, or the Business Control Unit with in-depth knowledge of IB products
• Effective communicator, who can write concisely, present effectively, and manage and influence senior stakeholders
• Proactive and delivery focused with the ability to work in a fast-paced environment with tight deadlines
• Structured and meticulous with strong analytical and problem-solving skills
• Proficiency in all Microsoft Office Applications

What we’ll offer you

• 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

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.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [e-mail] to discuss how we can best support you. Alternatively, you can share your phone number, and a member of the team will be happy to call you to talk through your specific requirements.

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.