Job Title Head of Third-Party Risk Oversight
Location London
Corporate Title Director
Global Procurement & Vendor Management enables Deutsche Bank to optimize supplier relationships to meet its strategic objectives. We partner across the bank to develop and execute strategies to meet our business requirements. We apply our understanding of the supply market and specialized procurement capabilities to optimize value created. We enable the bank to access suppliers by identifying and mitigating vendor risks. Additionally, we manage the platforms and technology solutions to enable efficient purchasing of goods and services.
The Head of Third‑Party Risk Oversight is accountable for first line (1LoD) governance of the Third‑Party Management Operating Model, ensuring effective end‑to‑end execution of third‑party risk management across the Group. The role sets the 1LoD governance cadence and reporting, drives consistent decision‑making and escalations, and coordinates issue and incident management, remediation tracking and assurance readiness in partnership with second line (Risk) and Testing & Assurance functions.
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
Manage 1LoD governance of third‑party risk run and change activity, ensuring clear roadmaps, effective decision forums and delivery transparency, and providing constructive challenge to 2LoD and Risk Type Heads to drive consistent risk outcomes.
Own 1LoD engagement with Internal Audit, regulators (where applicable) and delivery partners on third‑party risk matters, including audit coordination, responses and tracking actions to closure.
Design, simplify and run the 1LoD operating rhythm and governance cadence, giving stakeholders clarity on requirements, prioritisation, progress and outcomes.
Manage 1LoD third‑party incident and issue management, maintaining the GP response framework and methodology, coordinating stakeholders, escalating in a timely manner, and ensuring remediation and lessons‑learned are motivated to closure across Group and Business.
Act as an escalation point for high‑priority and time‑critical third‑party risk matters, responding to short‑notice requests (e.g., regulator, audit, senior management) by rapidly triaging, coordinating stakeholders, developing concise materials and driving actions through to resolution.
Your skills and experience
Extensive third‑party risk and controls experience, with the ability to bring external market insight, best practice and cross‑organisation perspective
Strong strategic capability
Demonstrated management excellence
Exceptional stakeholder management and influencing skills
Strong decision‑making ability with a high execution focus
Proven ability to operate at pace under pressure, flexing priorities and delivering high‑quality outputs to tight and often short‑notice deadlines
How we’ll support you
Training and development to help you excel in your career
Flexible working to assist you balance your personal priorities
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.