CRO New Business Office Risk Manager Assistant Vice President

Deutsche Bank AG; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A leading global bank in Singapore is seeking a risk management professional for its New Business Office. Responsibilities include overseeing risk for new business initiatives, supporting approvals, and conducting assessments. Candidates should possess a minimum of 5 years in financial services, have a strong understanding of financial products, and be able to manage competing priorities effectively. The role requires excellent communication skills and the ability to work collaboratively across teams. On-site presence is required at One Raffles Quay.

Benefits

Flexible working

Coaching and support

Continuous learning culture

Flexible benefits

Training and development

Qualifications

• Minimum of 5 years’ experience in financial services.
• Comprehensive understanding of transactions and financial products.
• Experience in a control function at a global financial institution.

Responsibilities

• Manage risk approvals for new business and products.
• Support post-implementation reviews.
• Assist in designing processes for risk assessment.

Skills

Strong risk control mindset

Understanding of financial products

Control function experience

Ability to manage competing priorities

Strong working partnerships

Excellent communication

Team player

Job description

Overview

The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture.

Non-Financial Risk Management (NFRM) is a department within the Risk Division. As a Second Line of Defence function, NFRM is responsible for oversight across all aspects of non-financial risk (NFR), including risk identification and assessment, control framework, risk appetite and scenario analysis. The role will sit within the newly formed New Business Office, whose core mandate is to govern the risk identification, analysis, management, and approval relating to new business, new products, initiatives, and major change projects.

What we will offer you

A healthy, engaged and well-supported workforce is 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 center.

Your key responsibilities

The Singapore based role will be a member of the APAC-MEA team which also has business-line responsibility for the Investment Bank, Corporate Bank and Private Bank. The individual will have day-to-day responsibilities relating to the governance around new business, new products, initiatives, and transformation risk.

• Assisting in the day-to-day management and escalation of issues within the risk management and approval processes up to and including approval of new business, new products, initiatives, and transformation risk.

• Supporting Post Implementation Reviews.

• Supporting the Head of APAC-MEA New Business Office to understand the strategic pipeline to ensure appropriate risk assessments and approvals are conducted ahead of Go-Live. To include designing processes to capture and report the pipeline.

• Supporting the Head of APAC-MEA New Business Office to ensure the correct level of scrutiny is achieved depending on risk profile impact.

• Secretary for the APAC-MEA New Product Forum.

• Provide input and support to the NBO Future State programme as required.

• Responding to regulatory and audit requirements as required.

• Working closely with colleagues in the Framework & Audit and Control Execution Offices as required.

Your skills and experience

• Minimum of 5 years’ experience in financial services, with a strong risk control mindset.

• Comprehensive understanding of the transactions and financials products offered by a Tier 1 investment bank as well as the supporting infrastructure and controls

• Experience in performing a control function position at a global financial institution with a strong understanding of framework design, implementation and maintenance

• Be proactive and have the ability to manage competing priorities, and a willingness to take on new tasks as required within the team.

• Ability to develop strong working partnerships with all businesses and infrastructure functions across the bank.

• Ability to proactively work across a diverse groups of stakeholders within a complex organisation and to quickly develop strong working relationships with a broad range of functions

• Excellent team player and be able to communicate effectively.

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

How we’ll support you

• Flexible working to assist you balance your personal priorities

• 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

• Training and development to help you excel in your career

About us and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

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.