At a Glance
- Tasks: Manage execution risks and oversee new business approvals in a dynamic financial environment.
- Company: Deutsche Bank, a leading global bank with a commitment to diversity and inclusion.
- Benefits: Hybrid working, competitive salary, 30 days holiday, and flexible benefits.
- Other info: Opportunities for training, development, and a culture of continuous learning.
- Why this job: Join a team that shapes the future of finance while supporting your personal growth.
- Qualifications: Experience in financial services, strong communication skills, and a relevant degree.
The predicted salary is between 80000 - 100000 £ per year.
The Operational Risk Management (ORM) department is hiring a Risk Manager for its New Business Office (NBO) team. You will be responsible for the 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 participating in these processes.
The role is the global lead for risk management and oversight of change execution risk across all divisions and regions. In addition, your role supports the daily run-the-bank processes of the UKI NPA portfolio. This is an excellent opportunity for an experienced Risk Manager with change execution risk governance experience, financial services product knowledge, and strong senior stakeholder management capability.
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
- 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.
- Responsible for providing 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.
Your skills and experience
- Extensive experience within financial services with understanding of financial products and change execution.
- Strong understanding of front-to-back infrastructure and controls within a Tier 1 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.
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.
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 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.
If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.
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.
New Business Office Risk Manager / Global Execution Risk Lead in London employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land New Business Office Risk Manager / Global Execution Risk Lead in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working at Deutsche Bank. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for interviews by diving deep into the company's values and recent projects. Show us that you’re not just another candidate but someone who genuinely cares about what we do.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the responsibilities of the Risk Manager role. We want to hear how you can tackle execution risks head-on.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us you’re serious about joining our team.
We think you need these skills to ace New Business Office Risk Manager / Global Execution Risk Lead in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your experience in risk management and change execution, as these are key for the role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for the New Business Office Risk Manager position. Share specific examples of your past achievements in financial services and stakeholder management.
Showcase Your Communication Skills: Since excellent written communication is crucial for this role, ensure your application is clear, concise, and free of jargon. We want to see how you can simplify complex topics!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves and helps us keep track of all applicants.
How to prepare for a job interview at Deutsche Bank
✨Know Your Risk Management Stuff
Make sure you brush up on your knowledge of execution risks and financial products. Be ready to discuss specific examples from your past experience that demonstrate your understanding of risk governance and change execution.
✨Engage with Stakeholders
Prepare to showcase your ability to engage with senior management and stakeholders. Think of scenarios where you've successfully collaborated or provided constructive challenges, as this will highlight your assertive yet collaborative approach.
✨Simplify Complex Topics
Practice explaining complex risk concepts in simple terms. This will not only show your expertise but also your communication skills, which are crucial for the role. Consider using analogies or real-world examples to make your points clearer.
✨Be Ready for Scenario Questions
Expect scenario-based questions related to risk assessment and management. Prepare by thinking through how you would handle various situations, such as a high-risk delivery or a regulatory initiative, and be ready to discuss your thought process.