At a Glance
- Tasks: Identify savings opportunities and develop strategies to optimise costs 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, private healthcare, and flexible benefits.
- Why this job: Join a team that drives efficiency and innovation in the financial sector while making a real impact.
- Qualifications: Experience in financial markets, strong data analysis skills, and a proactive attitude.
- Other info: Opportunities for training, development, and a culture of continuous learning.
The predicted salary is between 43200 - 72000 £ per year.
Location: London
Corporate Title: Vice President
Transaction Expense Management sits within the Investment Bank Central Business Management and is focused on proactively managing and optimising the Banks transactional cost base to maximise profitability. The global team consists of two main disciplines:
- Efficiency – develop analytics to identify save initiatives and drive to completion;
- Operational – support reconciliations, payments, automation and controls.
The group leverages product expertise to develop initiatives focused along the entire life cycle of a trade. To accomplish this goal, you will provide end-to-end strategic solutions, from idea generation, through to presentation to senior business management and execution of the initiative.
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:
- Identification of savings opportunities through data analysis and building/developing models.
- Define and implement strategies to realise savings opportunities. This will include external negotiations, demand management activity and operational efficiency.
- Validate, substantiate and report all savings initiatives.
- Produce and maintain regular trend reports, variance analysis and performance metrics using trade level detail across all asset classes.
- Maintain, support and develop Management Information Systems (MIS) across all businesses and products.
- Support billing related query resolution and dispute management.
Your skills and experience:
- Extensive industry experience with good knowledge of financial markets, particularly of the products traded across Fixed Income, Currencies, Commodities and Equities.
- Significant experience in optimising Brokerage, Clearance and Exchange (BC&E) fees.
- Strong data and problem-solving skills, with keen attention to detail and accuracy.
- Ability to work effectively both independently and as part of a collaborative team.
- Ability to prioritise against tight deadlines.
- Proactive, self-motivated, and eager to learn in a fast-paced environment.
How we’ll support you:
- Training and development to help you excel in your career.
- 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).
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. 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.
Transaction Expense Management – Europe, Middle East & Africa (EMEA) & Asia-Pacific (APAC) Lead[...] employer: Deutsche Bank
Contact Detail:
Deutsche Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Expense Management – Europe, Middle East & Africa (EMEA) & Asia-Pacific (APAC) Lead[...]
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how your skills align with their goals. This will help you stand out and show that you're genuinely interested in the role.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the position. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Transaction Expense Management – Europe, Middle East & Africa (EMEA) & Asia-Pacific (APAC) Lead[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the job description. Highlight your experience in financial markets and data analysis, as these are key for the Transaction Expense Management role. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your problem-solving skills and ability to work under pressure – we love that!
Showcase Your Achievements: When detailing your experience, focus on specific achievements rather than just duties. Quantify your successes where possible, like savings you've identified or efficiencies you've implemented. This helps us see the impact you've made in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at Deutsche Bank
✨Know Your Numbers
Make sure you brush up on your data analysis skills. Since the role involves identifying savings opportunities through data, be prepared to discuss specific examples of how you've used analytics to drive efficiency in previous roles.
✨Understand the Market
Familiarise yourself with the financial markets, especially Fixed Income, Currencies, Commodities, and Equities. Being able to speak confidently about these areas will show that you have the industry knowledge needed for the position.
✨Showcase Your Problem-Solving Skills
Prepare to discuss past challenges you've faced and how you approached solving them. Highlight your attention to detail and accuracy, as these are crucial for optimising costs and managing operational efficiency.
✨Be Ready to Collaborate
This role requires both independent work and teamwork. Think of examples where you've successfully collaborated with others to achieve a common goal, and be ready to share how you can contribute to a collaborative environment.