Control Oversight - Vice President/Director

Deutsche Bank • New York, NY

2d • Hybrid

About The Position

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.

Requirements

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

Nice To Haves

• 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

Responsibilities

• 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
• Conduct horizon scanning and impact assessment: emerging risks, new regs, laws, industry standards
• Provide market conduct business advisory
• Identify escalations needed to senior management

Benefits

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees