At a Glance
- Tasks: Oversee transaction processing risk and implement governance frameworks across divisions.
- Company: Leading bank with a strong focus on operational risk management.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Join a diverse team with excellent training and volunteering opportunities.
- Why this job: Make a real impact in risk management while developing your career in a dynamic environment.
- Qualifications: Strong understanding of non-financial risks and experience in governance functions.
The predicted salary is between 70000 - 85000 £ per year.
The Operational Risk Management (ORM) function within the Chief Risk Office (CRO) has group‑wide responsibility for risk management. This role focuses on overseeing and governing transaction processing risk (TPR) across multiple divisions.
Key Responsibilities
- Assist the TPR Oversight & Governance Head with designing and implementing a comprehensive governance framework across the TPT function, ensuring alignment with the bank’s broader ORM strategy.
- Define TPR procedures and protocols for governance forum reporting, policy input, issue and event escalation and decision‑making/veto processes.
- Support 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 control environment.
- Act as a point of contact for TPR governance and regulatory‑related initiatives, producing materials that track TPR initiatives across the bank and keeping the Head of TPR function informed of key activities.
- Represent the function in risk forums as required.
Skills and Experience
- Strong understanding of non‑financial risks, particularly related to transaction processing and associated operational controls.
- Experience working in a successful governance function.
- Robust understanding of ORM principles and practices.
- Demonstrable experience developing strong relationships with business areas to facilitate risk management across the 3 Lines of Defence model.
- Experience engaging with senior stakeholders in a high‑pressure dynamic environment.
- Appreciation of the regulatory environment in the business and broader perspectives on Transaction Processing Risk.
Benefits & Support
- Hybrid working: flexibility to work remotely part‑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.
- Flexible benefits including retail discounts, a Bike4Work scheme, and gym benefits.
- Opportunity to support a CSR programme with 2 days’ volunteering leave per year.
- Training and development to help you excel in your career.
- Flexible working to assist you balance personal priorities.
Equal Opportunities
We value diversity and, as an equal opportunities employer, we make reasonable adjustments for those with disabilities, such as assistive equipment (screen readers, hearing devices, adapted keyboards).
Transaction Processing Risk Oversight & Governance Manager employer: Deutsche Bank AG
As a leading employer in the financial sector, our company offers a dynamic work environment in London that fosters professional growth and collaboration. With a strong commitment to employee well-being, we provide competitive salaries, generous holiday allowances, and flexible working arrangements, including hybrid options. Our culture prioritises diversity and inclusion, ensuring that every team member has the opportunity to thrive while contributing to meaningful governance initiatives in transaction processing risk management.
