Business Control Unit – Equity Distribution

The Business Control Unit (BCU) is a 1st Line of Defence (1st LoD) function within the front office division, integral to Deutsche Bank’s Three Line of Defence (3LoD) program. We are seeking a highly experienced and proactive Vice President to join our BCU team, with a specific focus on supporting the Equity Distribution business within Investment Banking & Capital Markets (IBCM). This critical role will involve embedding robust non-financial risk management practices, enhancing control frameworks, and driving a culture of compliance and risk awareness tailored to the complexities of equity distribution activities. You will possess a deep understanding of equity trading, sales, and capital markets operations, coupled with extensive experience in a control or non-financial risk management function.

Your Key Responsibilities

• Provide subject matter guidance on compliance with regulations pertinent to Equity Distribution, such as Markets in Financial Instruments Directive II (MiFID).
• Oversee the implementation of policies related to records retention, electronic communication systems (ECS) usage, voice recording, and mobile/cell device policies within Equity Distribution.
• Support the New Product Approval (NPA) and New Transaction Approval (NTA) processes, with a focus on Equity Distribution products and instruments.
• Act as a trusted advisor to Equity Distribution business heads, traders, and sales staff on non-financial risk matters, control requirements, and regulatory changes.
• Support the implementation and continuous improvement of control frameworks across Equity.
• Escalate potential red flags, misconduct, or policy violations to senior management, Compliance, HR, and Legal as appropriate.

Your Skills And Experience

• Prior experience as an Equity Trader, Equity Salesperson or other front/middle office role within Equities is preferred.
• Knowledge of Trade Lifecycle of Equities products (front to back) would be a requirement.
• Experience in front office business Risk & controls, Compliance or Audit function within Equities or related Capital Markets business.
• Deep understanding of market conduct, electronic trading, information barriers, regulatory requirements, and trading controls.
• Experience managing regulatory examinations, audits, or control remediation programmes.
• Solid understanding of non-financial risk types (regulatory, conduct, operational, systemic) and their impact on the Equity Distribution business.

How We’ll Support You

• Flexible working to assist you balance your personal life.
• 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 value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).

Deutsche Bank is the leading German bank with strong European roots and a global network. Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers. 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.