At a Glance
- Tasks: Lead AI and data initiatives in credit risk, driving impactful change across the organisation.
- Company: Join Deutsche Bank, a global leader committed to diversity and inclusion.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
- Other info: Be part of a culture that values continuous learning and personal development.
- Why this job: Make a real difference by implementing cutting-edge AI solutions in finance.
- Qualifications: Extensive experience in AI projects and credit risk management required.
The predicted salary is between 60000 - 80000 £ per year.
This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Position Overview
As the Change Execution Director for AI and Data in Credit Risk, you will be a senior leader responsible for driving the successful implementation of our most critical artificial intelligence and machine learning initiatives. You will oversee the end-to-end delivery of programs that embed AI/ML models and advanced data analytics into our core credit risk decisioning and management processes. This strategic role requires a blend of program management discipline, a sophisticated understanding of the AI/ML lifecycle, and deep expertise in the credit risk domain. You will act as the key bridge between data science, technology, business, and control functions to ensure changes are delivered responsibly and effectively.
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
- Own and drive the execution of complex, cross-functional programs focused on the deployment and adoption of AI/ML models and advanced analytics in the credit risk domain.
- Build and maintain strong relationships with senior managers across Credit Risk, Data Science, Model Risk Management, Technology, and Operations to ensure alignment on AI strategy and execution.
- Conduct thorough assessments of how new AI models and data platforms will impact existing risk management frameworks, processes, and systems. Develop comprehensive implementation and transition plans.
- Establish robust governance for AI/ML projects, ensuring adherence to model risk management policies, regulatory requirements, and ethical AI principles. Provide clear reporting on progress, risks, and model performance to executive committees.
- Partner with business and data science teams to define, track, and realise the intended benefits of AI initiatives, such as improved risk accuracy, operational efficiency, and new business insights.
- Lead and mentor a team of project and change managers, fostering a culture of excellence in delivering transformative AI-driven change.
Your skills and experience
- Extensive experience running large-scale change programs within financial services, with a proven track record of delivering complex AI, data science, or quantitative analytics projects.
- Deep subject matter expertise in credit risk management, the end-to-end credit lifecycle, and an understanding of related regulations (e.g., model risk management).
- Strong understanding of the AI/ML model lifecycle, from development and validation to deployment, monitoring, and governance.
- Exceptional communication and influencing skills, with the ability to articulate complex technical concepts to non-technical executive stakeholders.
- Expertise in program management methodologies and applying them to the unique challenges of AI and data science projects.
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.
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).
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.
Principal Engineer employer: Deutsche Bank
Deutsche Bank is an exceptional employer that prioritises employee wellbeing and development, offering a hybrid working model, competitive salary, and extensive benefits including private healthcare and generous holiday allowances. With a strong commitment to diversity and inclusion, the bank fosters a collaborative culture where employees can thrive, supported by continuous learning opportunities and a focus on meaningful contributions to AI and data initiatives in the credit risk domain.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Engineer
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Deutsche Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Principal Engineer
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Deutsche Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Deutsche Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Deutsche Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Deutsche Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Deutsche Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Deutsche Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
