Non-Financial Risk Manager - Legal Portfolio Oversight

ZipRecruiter; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

Join Deutsche Bank as a Legal Portfolio Oversight Risk Manager in London. This role focuses on managing Non-Financial Risk exposure and requires collaboration across teams to ensure effective risk management. The position offers hybrid working, competitive salary, and various benefits.

Benefits

Hybrid Working

30 days’ holiday

Life Assurance

Private Healthcare

Flexible Benefits

Volunteering Leave

Qualifications

• Experience in Non-Financial Risk Management principles.
• Understanding of Legal provisions in risk processes.

Responsibilities

• Oversee Legal Loss outflow at Group Risk Profile level.
• Collaborate with risk type controllers for proactive risk management.

Skills

Interpersonal Skills

Organizational Skills

Team Player

Tools

Microsoft Office

Job description

Job Description

This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the + business community. Please do not contact the recruiter directly.

Position Overview

The Non-Financial Risk Management (NFRM), an independent 2nd Line of Defence function, aims to ensure that the bank's Non-Financial Risk exposure is managed in line with the group-wide risk appetite and NFRM framework.

You will join the NFR Portfolio Risk Management team, which focuses on proactive oversight and management of the Bank’s NFR group risk profile. This team includes NFR Group Governance, Reporting, Insights, and Risk Manager Coverage. As the Legal Portfolio Oversight Risk Manager, you will oversee Legal Loss Outflows driven by various non-financial risk types.

What we’ll offer you

We are committed to providing an environment centered on your development and wellbeing, supporting a healthy, engaged, and well-supported workforce. You can expect:

• Hybrid Working Model allowing remote work part of the time
• Competitive salary and non-contributory pension
• 30 days’ holiday plus bank holidays, with options to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• Flexible benefits including Retail Discounts, Bike4Work scheme, and Gym benefits
• Support for CSR initiatives plus 2 days’ volunteering leave annually

Your key responsibilities

• Oversee and monitor Legal Loss outflow at the Group Risk Profile level
• Lead group-level reviews and deep dives, collaborating with risk controllers and control officers to identify, assess, and remediate risks
• Provide updates for Quarterly and Annual Group reporting
• Assist in preparing senior management materials and presentations
• Build and maintain relationships across NFRM and the wider bank
• Participate in continuous team improvement efforts

Your skills and experience

• Knowledge of Non-Financial Risk Management principles, with relevant experience in risk, control, or audit roles
• Understanding of Legal provisions related to risk and capital processes
• Strong interpersonal and stakeholder management skills
• Ability to handle multiple tasks with excellent organizational skills
• Team player with a proactive approach and ability to work independently
• Proficient in Microsoft Office products

How we’ll support you

• Training and development opportunities
• Flexible working arrangements
• Coaching and expert support
• Culture of continuous learning and progression
• Reasonable adjustments for inclusivity, including assistive equipment if needed

About us

Deutsche Bank is a leading German bank with a strong European presence and a global network. We are committed to diversity and inclusion, as reflected in our awards and recognitions, including being named in The Times Top 50 Employers for Equality 2024 and receiving a Gold Award from Stonewall.

We promote a culture of responsibility, initiative, collaboration, and shared success. We welcome applications from all backgrounds and strive to create a fair and inclusive work environment.