Transaction Processing Operational Risk Manager - Vice President

Deutsche Bank; New York (NY); Hybrid; USD 125,000 - 222,500; Full time

Benefits offered by this job

Hybrid work model

Generous vacation days

Health and retirement benefits

Employee resource groups

Job summary

Deutsche Bank is seeking a Transaction Processing Operational Risk Manager (Vice President) in New York to lead risk assessment and reporting for the bank's transaction processing operations. The role sits within the Operational Risk Management team of the CRO and requires deep expertise to influence risk decisions across the firm.

You will partner with front-to-back stakeholders, embed ORM framework elements, and deliver actionable insights to senior leadership.

Qualifications

• Degree required; CFA/CPA/ACA advantageous.
• Experience with ORM and operational risk management.
• Experience with regulatory expectations and risk reporting.

Responsibilities

• Lead TPR risk assessments across products and processes.
• Interface with Business and front-to-back stakeholders in ORM context.
• Develop and refine TPR reporting for senior leadership.
• Represent TPR in risk forums and regulatory engagements.

Skills

Risk assessment

Regulatory knowledge

Executive communication

Stakeholder management

ORM principles

Financial products

Education

Advanced degree preferred

Finance/Risk qualification beneficial

Job description

Job Description:

Job Title

Transaction Processing Operational Risk Manager

Corporate Title

Vice President

Location

New York

Overview

As a key member of the Operational Risk Management (ORM) team, you will join a critical function within the Bank's Chief Risk Office (CRO). Your role will be pivotal in providing expert Transaction Processing Risk management for one of the Bank's most essential operational areas, spanning all Divisions at Deutsche Bank. Leveraging your deep expertise, you will be empowered to challenge and influence risk decisions across the Firm. Ultimately, you will be instrumental in providing senior leadership with the clear insights needed to safeguard the Bank.

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

• Reporting to the Director, Head of Americas ORM Portfolio / Head of Transaction Processing Risk (TPR), you will perform an SME role in TPR group as Risk Type Head (RTH), as well as embedding framework elements ensuring strategic alignment with the Bank\'s broader ORM framework
• As the TPR RTH, you will perform in depth assessments of products, processes and risks, leveraging deep knowledge of associated products, businesses and markets
• Interface directly with the Business and front-to-back stakeholders, as part of a wider ORM team and demonstrate the ability to advise and challenge Fixed Income and Corporate Banking TPR matters
• Develop and refine sophisticated TPR reporting that deliver clear, concise, and actionable insights on the control environment to senior leadership and key stakeholders
• Serve as a strategic partner to risk managers across the 1st and 2nd Lines of Defense (LoD), leading the synthesis of complex TPR data to provide a holistic view of the control environment\'s health and identify emerging risk themes
• Represent the TPR function as a key subject matter expert in senior risk forums and regulatory engagements, confidently presenting materials and articulating the team\'s position on governance matters

How You\'ll Lead (VP and above)

• Demonstrate thought leadership and ability to lead in a global matrix structure, even where stakeholders do not report to you
• Show strong risk leadership through actions and communications

Skills You\'ll Need

• Deep product knowledge across Rates, Credit, EM, FX, Commodities, Lending, Trust Services, Payments and a strong understanding of front-to-back system design; from pre-trade to settlement to lifecycle events and strong payments, clearing and settlement knowledge to address payments risks
• Strong understanding of the impacts of TPR errors on the trading book and loan portfolios, and associated controls
• A relevant degree is expected; advanced degrees and financial qualifications (e.g., CFA, CPA, ACA) are highly advantageous
• Career background which includes Middle Office, Product Control, complex Operations roles, Business COO or Trading/Sales along with deep expertise in ORM principles, framework, and controls including risk appetite
• Comprehensive understanding of the US financial regulatory landscape, particularly regulatory expectations related to transaction processing, operational resilience, and risk reporting

Skills That Will Help You Excel

• Executive Communication & Influence: You deliver compelling, concise, and data-driven narratives to diverse audiences, including senior management and regulators. You don\'t just present information; you influence decisions and build consensus around complex risk topics
• Strategic Relationship Builder: You forge and maintain robust partnerships with senior leaders across all Three Lines of Defense. You are seen as a trusted advisor who can navigate organizational complexities and facilitate collaborative, risk-aware outcomes
• Resilience & Composure Under Pressure: You thrive in a dynamic, fast-paced environment, effectively managing competing priorities and tight deadlines. You maintain a high degree of professional composure, providing steady leadership during critical situations and high-stakes discussions
• Proactive Ownership & Execution: You demonstrate a strong sense of ownership, moving beyond assigned tasks to proactively identify challenges and drive initiatives to completion. You are a highly organized, self-motivated leader who can manage a complex portfolio of work with autonomy
• Relevant degree is expected; advanced degrees or financial qualifications (e.g., CFA, CPA, ACA) are highly advantageous

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 $125,000 to $222,500. 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. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life

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 [e-mail].

#LI-HYBRID

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. Click these links to view 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.