Foreign Exchange Prime Brokerage - Product Specialist - Vice President

Deutsche Bank; New York (NY); Hybrid; USD 170,000 - 210,000; Full time

Benefits offered by this job

Hybrid working model

Generous vacation and personal days

Volunteer days

Health and wellbeing benefits

Retirement savings plans

Parental leave and family building

Job summary

Deutsche Bank’s FX Prime Brokerage product team seeks a Vice President to lead product strategy, client onboarding and risk management for Americas clients in a hybrid NYC office. You will collaborate with sales to define offerings, set terms, and manage relationships with major hedge funds, ensuring revenue targets and compliant operational standards.

You will oversee risk, pricing, and documentation while driving product enhancements and efficient workflows.

Qualifications

• Experience in FX Prime Brokerage and related products.
• Proven client-facing experience with major US hedge funds or similar clients.
• Solid understanding of FX markets and prime brokerage landscape.
• Ability to assess and manage risk across products and clients.
• Experience leveraging AI tools to improve productivity and decision making.
• Excellent verbal and written communication and presentation skills.

Responsibilities

• Partner with sales to define product offerings for prospective clients and set commercial terms for new mandates.
• Oversee risk profile for FXPB business Americas and sign-off on commercial points in legal docs.
• Monitor revenue metrics and costs to ensure sustainable pricing and profitability.
• Provide operational risk oversight to ensure smooth client onboarding and ongoing ops.
• Drive implementation of platform enhancements to meet regulatory requirements and business needs.
• Review business requirement documents to ensure alignment with client and business expectations.

Skills

FX Prime Brokerage expertise

Client-facing experience

FX market knowledge

Risk management

AI tooling usage

Strong communication

Job description

Job Title

Foreign Exchange Prime Brokerage - Product Specialist

Corporate Title

Vice President

Location

New York, NY

Overview

The Foreign Exchange (FX) Prime Brokerage product team has overall responsibility for the operation and development of the FX Prime Brokerage platform, including revenue generation, cost & risk management, product development and client relationship management.

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

• Work in partnership with the sales team, to define the product offering for all prospective clients - providing product expertise throughout the pitching and client onboarding process. Set commercial terms for new client mandates, ensuring that new opportunities meet revenue and return hurdles. Ongoing relationship management for the existing client base. Senior point of escalation within the FX Prime Brokerage (FXPB) business

• In conjunction with internal risk management groups, oversee the overall risk profile of the FXPB business Americas. Business review and sign-off for commercial points within the legal documentation (International Swaps and Derivates Association, Inc./ Credit Support Annex, FX Prime Brokerage agreement)

• Financial Resource Management - ongoing review of the revenue and return metrics to ensure clients are priced sustainably. Ongoing initiatives in order to minimize costs

• Operational Risk Management - Provide oversight to the operations team to minimize operational risk

• Product Development - Drive the implementation of new enhancements to the FX Prime Brokerage platform to ensure regulatory compliance

• Review Business Requirements Documents to ensure the proposed implementation meets the expectations of the Business and its clients

Skills You'll Need

• Extensive experience in product expertise and a strong understanding of the FX Prime Brokerage industry

• Client facing experience, including dealing with major US hedge funds

• Good understanding of the FX business and FX markets more generally

• The skills to solve complex business problems

• Knowledge of Listed Derivatives, cOTC and the general prime landscape and products

• Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

Skills That Will Help You Excel

• A team player with strong interpersonal skills, leadership skills and multi-cultural understanding

• Able to multi-task different projects and prioritize against tight deadlines

• An excellent verbal and written communicator paired with strong presentation skills

• Willing and able to travel occasionally

• Limited ability to work from home

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York 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 $170,000 - $210,000. 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.

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.

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please email [e-mail].