Deutsche Bank

Funds Transfer Pricing Specialist

London, 21 Moorfields Full time

Job Description:

Job Title Funds Transfer Pricing Specialist

Location London

Corporate Title Assistant Vice President

Treasury is responsible for sourcing, management, and optimisation of the Bank’s financial resources. Treasury operates across the globe with major hubs in Frankfurt, London, Singapore, and New York.

The Treasury Funds Transfer Pricing (FTP) function plays a key role in enabling Treasury to price and commercially steer the firm’s financial resources in all environments following a risk-based approach. FTP is responsible for developing, implementing, and maintaining an effective Funds Transfer Pricing framework globally. The Framework’s key goal is to fairly price and remunerate businesses for providing financial resources and to allocate firm’s funding costs to its drivers, supported with additional tools such as Marginal Shareholder Value Added analysis.

In addition to FTP, the team is also responsible for delivering all aspects of the Sustainable Instruments Framework, including risk management and incentivising asset generation. It plays a key role in supporting the execution of the firm’s overall ESG Strategy, working in partnership with ESG business heads, Chief Sustainability Office, and ESG CFO

Opportunities within FTP include exposure to most of the Bank’s businesses and products enabling steep learning curve, close cooperation with both Front Office and Finance, exposure to senior business and Treasury management and ability to influence firm’s strategy. You will join the team supporting continuous optimisation of various aspects of firm’s FTP Framework

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:  

  • 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

  • Play a key role in the development and enhancement of FTP methodology, taking into consideration balance sheet steering and business strategy objectives

  • Support the development, strategic implementation and governance of the bank's Sustainable Instruments Framework, including integration into FTP, balance sheet steering, risk metrics, MI and strategic target‑setting, working closely with Chief Sustainability Office, Finance, Risk and Business stakeholders

  • Work with Strats and IT to deliver technology solutions for FTP implementation

  • Monitor the performance of the FTP methodology through MI and analytics, to ensure outcomes are as intended and assess need for changes

  • Engage with key stakeholders across Business, Risk, Finance, Strats and Technology

  • Support remediation actions to close audit findings / SIIs

Your skills and experience

  • Experience in Banking / Financial services

  • Strong analytical skills, organisational and stakeholder management abilities

  • Strong communication skills and ability to communicate complex concepts to Senior Management

  • Should be highly competent with PowerPoint and Excel; coding skills would be beneficial.

  • Curiosity and enthusiasm for learning

  • Knowledge of banking products.

How we’ll support you

  • 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. Click here to see what we do.

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.