Trust & Securities Services - Head of California - Managing Director

Deutsche Bank • Santa Ana, CA

92d • $325,000 - $450,000 • Hybrid

About The Position

The Trust and Securities Services (TSS) Santa Ana Head is responsible for the short- and long-term financial success, controls, and budget planning of the TSS businesses in Santa Ana as well as the financial success of the Americas TSS business. He/ she will contribute to the strategy for the business in the Americas and will drive the implementation of respective strategic plans, while ensuring that these are aligned to the global TSS strategy in accordance with relevant regulations and laws. The TSS Santa Ana Head will steer key business activities and ensures full alignment to DB's risk management framework and all relevant global regulatory and compliance requirements. Furthermore, the position holder also maintains key internal and external business and client relationships for TSS.

Requirements

• Prior and extensive knowledge and experience of Corporate Trust, Fund Administration and Custody & Clearing.
• Proven track record of delivery, technical know-how and effective stakeholder management.
• Highly motivated to deliver.

Nice To Haves

• Client facing and able to provide detailed presentations to large and small audiences.
• Able to communicate at all levels of an organization.
• An inspirational leader and agile thinker, able to listen to guide and support the product management team in creating solutions.

Responsibilities

• Contributing to TSS strategy and ensuring implementation of corresponding strategic plans within budget constraints.
• Supporting group-wide strategic projects from a CB TSS perspective.
• Ownership of the TSS financial plan for businesses under management: revenues, costs, resources (people, balance sheet, etc.), and technology investment.
• Identifying and driving initiatives to enhance performance and business scalability.
• Active cost management and risk & capital discipline.
• Actively overseeing internal and external audit & compliance issues and customer complaints for TSS and driving required remediations.
• Meeting TSS financial targets / P&L, including active cost management as well as risk and capital discipline.
• Working with all internal partners including Operations, AFC, Compliance, Risk, HR, Technology, etc., to deliver TAS business targets and manage business risks.
• Overseeing client on-boarding, client relationship and perimeter management and product governance.
• Developing and maintaining key client and business relationships.
• Participating in defining the risk appetite for TSS and aligning with 2nd LoD stakeholders.
• Ensuring risks are assessed and managed in accordance with DB's risk management frameworks.
• Actively overseeing internal and external audit/compliance issues and driving risk remediation, as well as customer complaints for TSS in the Santa Ana office.
• Managing human resources including talent management, career development and compensation of TSS staff in the region.
• Ownership of financial and non-financial risk in TSS.
• Successfully managing all fiduciary responsibilities and fiduciary risks for the TSS regionally.
• Actively driving cross selling with other business units in Deutsche Bank.

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: Executive
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree