At a Glance
- Tasks: Support compliance risk assessments and maintain risk assessment templates.
- Company: Join Deutsche Bank, a leading global bank with a commitment to diversity and inclusion.
- Benefits: Enjoy hybrid working, 30 days holiday, private healthcare, and flexible perks.
- Why this job: Be part of a culture that values development, teamwork, and social responsibility.
- Qualifications: Experience in financial services and operational risk management is essential.
- Other info: Opportunities for training, coaching, and volunteering leave available.
The predicted salary is between 43200 - 72000 £ per year.
In this role, you will sit within the Compliance Risk Management Office (CRMO) and report to a Compliance Risk Assessment (CRA) VP responsible for the facilitation and execution of compliance risk assessments globally. The CRMO Team are responsible for the implementation of CRA to fulfil BaFin requirements under: MaComp (minimum requirements for Compliance Function) and MaRisk (minimum requirements for Risk Management for Banks and Financial Services Institutions) across Deutsche Bank globally. The CRA AVP is responsible for supporting CRA infrastructure, facilitating and monitoring the execution of CRA.
What we’ll offer you:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working 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:
- Configuring/maintaining of risk assessment templates in the CRA system ahead of periodic refreshes.
- Producing Key Risk Indicators/risk metrics and contextual data reports that provide risk assessors insights into respective risk profiles.
- Producing and distributing of management information (MI), including Key Performance Indicators related to CRA execution.
- Perform quality assurance over risk assessment ratings and rationales in accordance with the minimum standards.
- Ensure adequate CRMO run-the-bank processes are in place to enable an effective CRA process, including maintenance of team desk procedures, and designing new/enhanced processes as required.
- Collaboration with Operational Risk Management and Anti Financial Crime to enhance bank-wide risk assessment methodology, tooling and process.
Your skills and experience:
- A financial services background.
- Experienced operational risk management professional with practical experience in executing and analysing operational risk or audit risk assessment results within a bank, financial institution or large corporate.
- Structured and organised approach, demonstrating a high level of diligence and attention to detail.
- Practical experience in problem solving, data analysis and achieving quality outputs against tight deadlines.
- Good stakeholder management and communication skills.
- Strong Microsoft PowerPoint, Word and Excel skills.
How we’ll support you:
- Training and development to help you excel in your career.
- Flexible working to assist you balance your 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 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).
Please note the expected salary for some roles may be below the minimum level requirements to support candidates who require a Skilled Worker visa to work in the UK. Should you already have a Skilled Worker visa and are identified for a role, we can discuss and support you with the process.
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 a 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.
Compliance Risk Assessment- AVP employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compliance Risk Assessment- AVP
✨Tip Number 1
Familiarise yourself with the specific compliance regulations mentioned in the job description, such as BaFin requirements, MaComp, and MaRisk. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the compliance and risk management sectors. Attend industry events or webinars to connect with individuals who work at Deutsche Bank or similar institutions. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your data analysis skills, particularly in relation to risk metrics and Key Risk Indicators. Being able to discuss your analytical approach and how it applies to compliance risk assessments will set you apart from other candidates.
✨Tip Number 4
Prepare to showcase your stakeholder management and communication skills during the interview. Think of examples where you've successfully collaborated with different teams or managed expectations, as this is crucial for the role.
We think you need these skills to ace Compliance Risk Assessment- AVP
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Compliance Risk Assessment - AVP position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Tailor Your CV: Customise your CV to highlight relevant experience in operational risk management and compliance. Use specific examples that demonstrate your skills in data analysis, stakeholder management, and problem-solving, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role and the company. Mention how your background aligns with Deutsche Bank's values and the specific requirements of the Compliance Risk Assessment team.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is essential for the Compliance Risk Assessment position.
How to prepare for a job interview at Deutsche Bank
✨Understand Compliance Regulations
Familiarise yourself with the key compliance regulations such as BaFin requirements, MaComp, and MaRisk. Being able to discuss these in detail will show your understanding of the role's responsibilities.
✨Demonstrate Analytical Skills
Prepare to showcase your experience in data analysis and risk assessment. Bring examples of how you've successfully executed operational risk assessments and the impact of your findings.
✨Highlight Stakeholder Management
Be ready to discuss your approach to stakeholder management. Provide examples of how you've effectively communicated with various teams, especially in a financial services context.
✨Showcase Problem-Solving Abilities
Prepare to discuss specific challenges you've faced in previous roles and how you resolved them. This will demonstrate your structured and organised approach to problem-solving.