Financial Risk Lead, Trust and Securities Services (TSS)

Deutsche Bank; Greater London; Hybrid; GBP 120,000 - 170,000; Full time

Benefits offered by this job

Hybrid working

Private healthcare

Life assurance

30 days leave

Flexible benefits

Volunteer leave

Job summary

Deutsche Bank in London is seeking a Financial Risk Lead for TSS to own the risk agenda across Custody and Clearing, focusing on credit, settlement, and liquidity risks. You will drive risk controls and shape risk strategy across diverse client flows.

Lead a team, mentor colleagues, partner with Sales, Operations, Legal, Treasury, and Credit to deliver well-governed outcomes while promoting a culture of continuous learning and responsible use of data and AI.

Qualifications

• Experience in financial risk management with senior accountability for credit, settlement or liquidity risk.
• Strong understanding of post-trade processes and custody/clearing risk drivers.
• Risk mindset, sound judgement, ability to challenge the status quo and deliver pragmatic solutions.
• Ability to engage senior stakeholders and present data-driven risk assessments.
• Degree-level education; professional qualifications welcome but not essential.
• Proven ability to leverage AI tools to enhance productivity with responsible use of data and AI outputs.

Responsibilities

• Lead financial risk management across TSS Custody & Clearing, identifying material credit, settlement and liquidity risks and driving timely mitigation.
• Serve as the escalation point for transaction-related exposures, providing clear risk judgement and recommendations.
• Design and enhance risk frameworks, policies and metrics to support monitoring and informed decision-making.
• Understand and oversee client credit risk, including limit setting, exposure analysis, legal structures and settlement behavior.
• Provide senior risk input into new business, complex transactions and client onboarding.
• Support and mentor junior team members, strengthening risk capability and consistency.

Skills

Credit risk

Liquidity risk

Settlement risk

Risk management

Stakeholder engagement

Data-driven risk assessments

AI tools usage

Education

Bachelor’s degree or equivalent

CFA/FRM/ MBA welcome

Job description

Job Description:

Job Title: Financial Risk Lead, Trust and Securities Services (TSS)

Location: London

Corporate Title: Vice President

In this role, you will own and drive the financial risk agenda across the entire Trust & Securities Services (TSS) franchise, with a particular focus on shaping the future of risk management in our Custody and Clearing businesses. You will be at the centre of some of the most complex, high‑value transaction flows, acting as the senior authority on credit, settlement and liquidity risks and influencing decisions that directly impact Deutsche Bank’s global clients and Balance Sheet.

You’ll also play a key leadership role in elevating our risk capability, developing and upskilling talent, mentoring colleagues and fostering a culture of continuous learning, while partnering with senior stakeholders across Sales, Cash Management Services, Operations, Legal, Treasury and Credit to deliver commercially sharp, well-governed outcomes.

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

• Lead financial risk management across TSS Custody & Clearing, identifying material credit, settlement and liquidity risks and driving timely mitigation
• Serve as the escalation point for transaction‑related exposures, providing clear risk judgement and recommendations
• Design and enhance risk frameworks, policies and metrics to support monitoring and informed decision‑making
• Understand and oversee client credit risk, including limit setting, exposure analysis, legal structures and settlement behavior
• Provide senior risk input into new business, complex transactions and client onboarding
• Support and mentor junior team members, strengthening risk capability and consistency

Your skills and experience

• Experience in financial risk management within a banking environment, with senior accountability for credit, settlement or liquidity risk
• Strong understanding of post‑trade processes, custody and clearing risk drivers, and client/account structures, would be advantageous, but not a prerequisite for the role
• More important is a strong risk mindset, sound judgement, and the ability to challenge the status quo and deliver pragmatic solutions
• The ability to engage senior stakeholders and present clear, data‑driven risk assessments
• Degree‑level education or equivalent experience; professional qualifications (e.g., CFA, FRM, CA, MBA) welcome but not essential
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

How we’ll support you

• Flexible working to assist you balance your personal priorities
• 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 be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.

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.

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.