At a Glance
- Tasks: Lead governance for transaction processing risk and develop reporting frameworks.
- Company: Deutsche Bank is a leading German bank with a strong global presence.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Why this job: Join a diverse team focused on risk management in a dynamic environment.
- Qualifications: Strong understanding of non-financial risks and experience in governance functions required.
- Other info: We value diversity and support flexible working arrangements.
The predicted salary is between 43200 - 72000 £ per year.
Non-Financial Risk Management (NFRM) sits within the Chief Risk Office function, which has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risk and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture. The purpose of the NFRM function is to ensure that the bank’s Non-Financial Risk (NFR) exposure is managed in-line with the group wide risk appetite and NFR framework. To achieve this NFRM requires Risk Managers with the right balance of knowledge and experience to assess complex risks and intervene if they fall outside the banks risk appetite.
What we’ll offer you:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
- Competitive salary and non-contributory pension.
- 30 days’ holiday plus bank holidays, with the option to purchase additional days.
- Life Assurance and Private Healthcare for you and your family.
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits.
- The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year.
Your key responsibilities:
- Design and implement a comprehensive governance framework across the TPR function, ensuring alignment with the banks’ broader NFRM strategy.
- Define TPR procedures and protocols for governance forum reporting and input into policies, issue and event escalation and decision making/veto processes.
- Lead the development of TPR reporting frameworks that provide actionable information to senior stakeholders.
- Collaborate with risk managers across 1LoD and 2LoD to synthesize TPR data into meaningful insights on the health of the transaction processing control environment.
- Act as key point of contact for TPR governance and regulatory related initiatives and represent the TPR function in bank wide risk forums and regulatory reviews where required.
- Lead, coordinate and track TPR initiatives across the bank to ensure the Head of TPR function is aware and informed of key activities.
Your skills and experience:
- Strong understanding of non-financial risks, particularly those related to transaction processing and associated operational controls.
- Experience of managing a successful governance function in a fast-moving environment.
- A robust understanding of NRFM principles and practices.
- Demonstrable experience of developing strong relationships with business areas to facilitate successful risk management across the 3 Lines of Defence model.
- Worked with Senior Stakeholders within a high-pressure dynamic environment.
- Appreciation of the regulatory environment in the business and more broadly the regulatory perspectives on Transaction Processing Risk.
How we’ll support you:
- Training and development to help you excel in your career.
- Flexible working to assist you balance your personal priorities.
- We value diversity and as an equal opportunities employer, we make reasonable adjustments for those with disabilities such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).
About us:
Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion. 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.
Transaction Processing Risk - Director - London employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Processing Risk - Director - London
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in non-financial risk management, especially those related to transaction processing. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-evolving field.
✨Tip Number 2
Network with professionals in the risk management sector, particularly those who have experience in governance functions. Engaging in conversations can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed governance functions in previous roles. Highlighting your experience with senior stakeholders and your ability to navigate high-pressure environments will set you apart from other candidates.
✨Tip Number 4
Research Deutsche Bank's culture and values, particularly their commitment to diversity and inclusion. Being able to articulate how your personal values align with theirs can make a strong impression during the interview process.
We think you need these skills to ace Transaction Processing Risk - Director - London
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and requirements of the Transaction Processing Risk Governance Head position. Tailor your application to highlight your relevant experience in non-financial risk management and governance.
Craft a Strong CV: Your CV should clearly outline your experience in managing governance functions and your understanding of non-financial risks. Use specific examples that demonstrate your ability to work with senior stakeholders and manage complex risks effectively.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your skills in developing governance frameworks and your experience in fast-paced environments. Make sure to connect your background to the key responsibilities mentioned in the job description.
Proofread Your Application: Before submitting your application, take the time to proofread all documents. Check for spelling and grammatical errors, and ensure that your information is clear and concise. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Deutsche Bank
✨Understand Non-Financial Risks
Make sure you have a solid grasp of non-financial risks, especially those related to transaction processing. Be prepared to discuss how these risks can impact the bank and what strategies you would implement to manage them effectively.
✨Showcase Governance Experience
Highlight your experience in managing governance functions within fast-paced environments. Be ready to provide examples of how you've successfully implemented governance frameworks and the outcomes of those initiatives.
✨Build Relationships
Demonstrate your ability to build strong relationships with various business areas. Discuss specific instances where your collaboration has led to successful risk management and how you navigated challenges in high-pressure situations.
✨Familiarise with Regulatory Environment
Brush up on the regulatory landscape surrounding transaction processing risk. Be prepared to discuss how you would approach compliance and regulatory initiatives, and share any relevant experiences you've had in this area.