At a Glance
- Tasks: Manage execution risks and oversee new business approvals in a dynamic financial environment.
- Company: Join a leading Tier 1 Investment Bank with a focus on innovation and collaboration.
- Benefits: Enjoy hybrid working, competitive salary, generous holiday, and flexible benefits.
- Other info: Embrace a culture of continuous learning and career development.
- Why this job: Make a real impact by leading risk management for transformative projects.
- Qualifications: Experience in financial services and strong analytical skills required.
The predicted salary is between 60000 - 75000 £ per year.
The Operational Risk Management (ORM) department is hiring a Risk Manager for the New Business Office (NBO) team. The role is responsible for cross‐risk review and oversight of New Product Approvals (NPA), Transformation Risk Assessments (TRA), Change Execution Risk, and Initiatives New Business Approvals (NBA). NBO acts as the primary point of contact for Market Facing Functions and Due Diligence Reviewers. The position is the global lead for risk management and oversight of change execution risk across all divisions and regions, and it supports the daily run‐the‐bank processes of the UKI NPA portfolio.
Key responsibilities
- Identify, assess, and manage execution risks across major programmes, regulatory initiatives, and strategic change.
- Partner with Investment Sponsors and Transformation teams to ensure clear ownership, robust risk registers, and effective mitigations.
- Ensure appropriate scenario details and stress‐testing for higher‐risk delivery and go‐live activity.
- Provide executive‐level engagement on Transformation Risk.
- Provide subject‐matter expertise on the risk governance of new business proposals, including determining whether NPA or NBA approval is required.
- Support and manage the UKI new business review pipeline, coordinating with 1LoD/2LoD partners, escalating issues as needed, and engaging auditors and regulators where required.
Skills & experience
- Extensive experience within financial services with an understanding of financial products and change execution.
- Strong understanding of front‐to‐back infrastructure and controls within a Tier1 Investment Bank.
- Strong attention to detail, information retention, and read‐across capability.
- Degree in a relevant field (Sciences, Finance, Business, Accounting, Economics) or equivalent work experience.
- Strong critical thinking, active listening, and questioning skills.
- Excellent written and verbal communication, with ability to simplify complex topics.
- Confident presenting to senior management.
- Adaptable and experienced in change projects.
- Assertive yet collaborative in stakeholder engagement, including providing constructive challenge.
Benefits
- Hybrid working – eligible employees may work remotely for part of their working time.
- 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.
- Opportunity to support a CSR programme + 2 days' volunteering leave per year.
Support and development
- Training and development to help you excel in your career.
- Flexible working to assist you balancing personal priorities.
- Coaching and support from experts in your team.
- A culture of continuous learning to aid progression.
- A range of flexible benefits that you can tailor to suit your needs.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
New Business Office Risk Manager / Global Execution Risk Lead in London employer: Deutsche Bank AG
As a leading player in the financial services sector, our company offers an exceptional work environment for the New Business Office Risk Manager role in London. With a strong emphasis on employee growth, we provide extensive training and development opportunities, alongside a competitive salary and flexible working arrangements that promote a healthy work-life balance. Our inclusive culture encourages collaboration and innovation, making it an ideal place for professionals seeking meaningful and rewarding careers.
