Description
Job Title Independent Review & Challenge (IRC) Financial and Model Risk Director
Corporate Title Director
Location New York, NY
Overview
This role sits within the Strategic Remediation Control Office, which leads the Transformation and Remediation at Deutsche Bank.
The Office leads US oversight of programs which contribute to the uplift of the Firm’s capabilities across multiple lines of defense working in partnership with global Businesses, Risk, Compliance, Technology, and Audit.
The team ensures alignment of the portfolio of projects remains within groupwide strategic priorities and are successfully implemented to achieve the intended benefit and outcomes.
For this role, the Independent Review and Challenge (IRC) team is looking for experienced professionals with expertise in supervision and regulation as well as risk and controls to join our high impact and growing team.
This is a unique opportunity to be at the heart of the Bank’s Transformation and remediation efforts, with exposure to senior management.
What We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaboration
A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
Educational resources, matching gift, and volunteer programs
What You’ll Do
Provide effective review and challenge for critical regulatory remediation and transformation programs across the Bank
Identify critical gaps, risks and issues in bank’s regulatory remediation approach and program and regulatory issue validation and present feedback / challenge to senior key stakeholders
Act as an advisor and provide guidance to business and infrastructure functions in responding to regulatory responses, remediation plans, and implementation of regulatory remediation programs
Ensure that regulatory remediation programs clearly articulate risk reduction and demonstrate enhanced control environment with evidence of design and operational effectiveness
Responsible for active stakeholder engagement by ensuring close collaboration with key stakeholders across the Bank and working closely with subject matter experts on relevant regulatory remediation and transformation programs
How You’ll Lead
Team player with the ability to execute the Bank’s critical regulatory initiatives in a timely manner
Proven ability to form an independent and comprehensive view on the Bank’s regulatory issues and remediation approach across broad financial risk topics
Ability to navigate a global organization and build strong relationships and work collaboratively with senior stakeholders globally
Skills You’ll Need
Extensive experience in the financial services industry, consulting firms, or regulatory agencies (e.g., European Central Bank, Federal Deposit Insurance Corporation, Federal Reserve Bank, Outbound Control Centers, etc.
focusing on operational risk, Risk and Control Assessment, business and risk controls covering investment bank including trading surveillance and market conduct
Significant experience in managing a complex regulatory remediation program with Subject Matter Expertise in first- or second-line risk management and controls, effectively identifying and assessing risks within regulatory remediation, regulatory issue validation, and key transformation programs
Proven leadership capabilities with experience in managing senior stakeholders
Significant experience in interpreting European and US regulatory rules and regulations and dealing with regulatory remediation programs
Ability to identify risks and issues and escalate timely and effectively
Skills That Will Help You Excel
Critical and analytical thinker with attention to detail and ability to take initiatives and execute
Strong interpersonal and communication skills (both verbal and written) with an ability to present and articulate your view to senior management
Expectations
It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and / or religion.
The salary range for this position in New York City is $177,000 to $266,700. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications.
Posted salary ranges do not include incentive compensation or any other type of renumeration.
Deutsche Bank Values & Diversity
We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds, and experiences.
We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans / Disabled and other protected categories.
Learn more about your life at DB through the eyes of our current employees :
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email .
Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti cally and be their whole selves, at every stage of life.
We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click to learn more!
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LI-HYBRID
Our values define the working environment we strive to create diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation.
We build talented and diverse teams to drive business results and encourage our people to develop to their full potential.
Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance.
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