Head of Foreign Exchange (FX) Operations

Australian Investors Association; London; Hybrid; GBP 90,000 - 145,000; Full time

Job summary

A leading company seeks a Head of Foreign Exchange Operations in London. The role involves overseeing operations, improving processes, and collaborating with stakeholders while ensuring risk management and regulatory compliance. The organization promotes hybrid working and prioritizes employee development and well-being.

Benefits

Competitive salary and non-contributory pension

30 days holiday plus bank holidays

Life Assurance and Private Healthcare

Flexible benefits including Retail Discounts

Qualifications

• Significant FX Middle office or operational experience.
• Industry knowledge and experience of AFME and Bank of England forum.
• Experience of audit, risk and regulatory deliverable.

Responsibilities

• Active participation in AFME and other industry working groups.
• Day to day oversight of the middle office function globally.
• Single point of contact for business to support issues resolution.

Skills

FX Middle office experience

Transformational delivery experience

Industry knowledge of AFME and Bank of England

Audit, risk and regulatory experience

Experience with global teams

Matrix management experience

Job description

Job ID:R0375976 Full/Part-Time: Full-time Regular/Temporary: Regular Listed: 2025-05-21 Location: London

Position Overview

Job Title Head of Foreign Exchange (FX) Operations

Location London

Corporate Title Director

As part of the Investment Bank (IB) Cross Product Ops (CPO) organisation, you will have responsibility for the day to day running of the FX operations functions globally reporting directly into the Co-Head of IB CPO. You will be primary face off to the business leads and partner with key stakeholders to ensure that the on-going running of the business happens in a controlled and effective manner. You will be working alongside the business to deliver strategic improvements to facilitate revenue growth and control and process improvements. You will represent Deutsche Bank at industry forums and partner with FX peers to drive systemic improvements at an industry level.

What Well 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. Thats 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

Active participation in Association for Financial Markets in Europe (AFME) and other industry working groups to drive industry transformation to focus on:

• Reduction of settlement risk and payment processing risk through PVP, Blockchain and other emerging technologies
• Industry best practice to measure and reduce payment errors
• Preparation for T+1 impact as well atomic T0 settlement
• Day to day oversight of the middle office function globally with direct local accountability of UK staff.
• Partnering with local regional management to ensure the consistency of performance and controls across all Middle Office functions globally
• IB representative in FX council and Industry bodies.
• Single point of contact for business to support issues resolution as well strategy delivery
• Risk and metric oversight escalation point to business for Middle Office issues globally
  
  

Your Skills And Experience

• Significant FX Middle office or operational experience
• Transformation capability of delivery experience
• Industry knowledge and experience of AFME and Bank of England forum
• Experience of audit, risk and regulatory deliverable
• Experience of working with global teams
• Experience of working in a matrix management environment
  
  

How Well Support You

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• A culture of continuous learning to aid progression
• 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 in The Times Top 50 Employers for Gender Equality 2024 for five 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.

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.