Transaction Expense Management – EMEA & APAC Lead

Job Title: Transaction Expense Management – Europe, Middle East & Africa (EMEA) & Asia-Pacific (APAC) Lead

Location: London

Corporate Title: Associate/Assistant 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: 1) Efficiency – develop analytics to identify save initiatives and drive to completion; and 2) 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

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

• 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. 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.