Head of Foreign Exchange (FX) Operations

Deutsche Bank; London; Hybrid; GBP 90,000 - 150,000; Full time

Job summary

A leading bank is seeking a Head of Foreign Exchange (FX) Operations in London. The role involves overseeing global FX operations, driving strategic improvements, and collaborating with industry peers. Candidates should have extensive FX Middle Office experience and a proven track record in transformation projects.

Benefits

Hybrid Working Model for flexible remote work

Competitive salary and non-contributory pension

30 days’ holiday plus bank holidays

Life Assurance and Private Healthcare

Flexible benefits including retail discounts and gym benefits

Support for CSR activities and volunteering leave

Qualifications

• Extensive FX Middle Office or operational experience.
• Proven ability in transformation projects.
• Knowledge of AFME, Bank of England forums, and industry regulations.

Responsibilities

• Oversee daily middle office operations globally, ensuring performance and control standards.
• Collaborate with regional management for consistency across global Middle Office functions.
• Represent Deutsche Bank in FX councils and industry bodies.

Skills

FX Middle Office experience

Transformation projects

Knowledge of AFME and industry regulations

Global team collaboration

Job description

Head of Foreign Exchange (FX) Operations

Join to apply for the Head of Foreign Exchange (FX) Operations role at Deutsche Bank.

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) organization, you will oversee the daily operations of the FX functions globally, reporting directly to the Co-Head of IB CPO. Your role involves partnering with business leads and key stakeholders to ensure effective and controlled operations, leading strategic improvements for revenue growth, control, and process enhancements. You will also represent Deutsche Bank at industry forums and collaborate with FX peers to drive systemic industry improvements.

What We Offer

• Hybrid Working Model for flexible remote work
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with additional purchase options
• Life Assurance and Private Healthcare
• Flexible benefits including retail discounts, Bike4Work, and gym benefits
• Support for CSR activities and 2 days’ volunteering leave annually

Your Key Responsibilities

• Participate in industry groups like AFME to drive transformation in settlement risk reduction, blockchain usage, and industry best practices.
• Oversee daily middle office operations globally, ensuring performance and control standards.
• Collaborate with regional management for consistency across global Middle Office functions.
• Represent Deutsche Bank in FX councils and industry bodies.
• Act as the primary contact for business issue resolution and strategy execution.
• Monitor risk and metrics, escalating issues as needed.

Skills and Experience

• Extensive FX Middle Office or operational experience.
• Proven ability in transformation projects.
• Knowledge of AFME, Bank of England forums, and industry regulations.
• Experience working with global teams in a matrix environment.

How We Support You

• Career development and training opportunities.
• Flexible working arrangements.
• A culture of continuous learning and diversity inclusion, with reasonable adjustments for disabilities.

About Us

Deutsche Bank is a leading German bank with strong European roots and a global presence. We are committed to a responsible, collaborative, and inclusive culture, recognized for gender equality and LGBTQ+ inclusion.