Control Oversight - Vice President/Director

Deutsche Bank AG; New York (NY); Hybrid; USD 125,000 - 281,000; Full time

Benefits offered by this job

Hybrid working model

Health and wellbeing benefits

Retirement savings plans

Parental leave

Educational resources

Volunteer programs

Job summary

Deutsche Bank AG in New York seeks a Vice President – Director to oversee market conduct governance within the Market Conduct Office. The role focuses on providing governance and oversight for market conduct activities across the firm, with a hybrid in-office/remote model.

You will review findings, conduct root cause analysis, and work with 1LoD-3LoD to strengthen controls and inform risk management programs. The position emphasizes collaboration and a strong risk culture.

Qualifications

• Comprehensive understanding of financial markets/products.
• Experience in financial services, preferably with global markets focus.
• Experience communicating with senior management.

Responsibilities

• Review findings management for market conduct impact and drive to completion.
• Conduct root cause analysis and read across of issues to other businesses and divisions.
• Review and approve control design prior to remediation.
• Review the resolution of market conduct exceptions and alerts.
• Work closely with the wider Market Conduct Office to identify risk areas and inform assurance testing.
• Develop a strong risk methodology and culture.

Skills

Financial markets knowledge

Financial services experience

Senior stakeholder communication

Controls design and oversight

Cross-team collaboration

Job description

Job Description: Job Title: Control Oversight Corporate Title: Vice President - Director Location: New York, NY ALL ROLES TO BE CONSIDERED

Overview

The Market Conduct Office (MCO) is an opportunity to embed market conduct in business decisions, and to improve the efficiency, sustainability and transparency of Market Conduct controls management. Residing within the Front Office, reporting up into the Head of the IB, and will focus on providing governance and oversight for all of Deutsche Bank activities related to market conduct. MCO will promote resiliency and sustainability of the Market Conduct control environment and mitigate risks by overseeing and supporting the Firm’s risk management, internal controls, governance, and culture relating to market conduct in order to foster trust and confidence in Deutsche Bank’s provision of financial services. All activities needed to support the market conduct capabilities are currently being performed within Deutsche Bank. New MCO activities either complement existing processes or provide additional central oversight.

What We Offer You

A diverse and inclusive environment that embraces change, innovation, and collaboration

A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

Educational resources, matching gift, and volunteer programs

What You’ll Do

• Review findings management (identified through self-identified issues, audit, regulators, investigations) for market conduct impact and drive through to completion
• Conducting root cause analysis and read across of underlying issues to other businesses and divisions
• Review and approve control design prior to implementation of remediation
• Review the resolution of market conduct exceptions and alerts
• Work closely with the wider Marlet Conduct Office team to identify areas of risk (such as through alerts raised, control gaps, control effectiveness ratings), which will be used to inform the Bank on how to address these emerging risks, including input into assurance testing by 1LoD, 2LoD and 3LoD
• Develop a strong risk methodology and culture

How You’ll Lead

Conduct horizon scanning and impact assessment: emerging risks, new regs, laws, industry standards

Provide market conduct business advisory

Identify escalations needed to senior management

Skills You’ll Need

• Comprehensive understanding of financial markets/products
• Demonstrable experience of working within financial services, with a preferable focus on global markets

Skills That Will Help You Excel

• Experience of communicating with senior business management in person, within a large forum, and through email
• Proven track record of design, delivery and oversight of future state controls
• Proven track record of successfully working within diverse, high performing teams and departments both locally and remotely

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $125K to $280.5K. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life.

We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.

Equal Opportunity

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. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law.

Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.

More information at: Deutsche Bank Careers (db.com)