Job Title Transaction Processing Operational Risk Manager
Corporate Title Vice President
Location New York
Overview
As a key member of the Operational Risk Management (ORM) team, you will join a critical function within the Bank's Chief Risk Office (CRO). Your role will be pivotal in providing expert Transaction Processing Risk management for one of the Bank's most essential operational areas, spanning all Divisions at Deutsche Bank. Leveraging your deep expertise, you will be empowered to challenge and influence risk decisions across the Firm. Ultimately, you will be instrumental in providing senior leadership with the clear insights needed to safeguard the Bank.
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
Reporting to the Director, Head of Americas ORM Portfolio / Head of Transaction Processing Risk (TPR), you will perform an SME role in TPR group as Risk Type Head (RTH), as well as embedding framework elements ensuring strategic alignment with the Bank's broader ORM framework
As the TPR RTH, you will perform in depth assessments of products, processes and risks, leveraging deep knowledge of associated products, businesses and markets
Interface directly with the Business and front-to-back stakeholders, as part of a wider ORM team and demonstrate the ability to advise and challenge Fixed Income and Corporate Banking TPR matters
Develop and refine sophisticated TPR reporting that deliver clear, concise, and actionable insights on the control environment to senior leadership and key stakeholders
Serve as a strategic partner to risk managers across the 1st and 2nd Lines of Defense (LoD), leading the synthesis of complex TPR data to provide a holistic view of the control environment's health and identify emerging risk themes
Represent the TPR function as a key subject matter expert in senior risk forums and regulatory engagements, confidently presenting materials and articulating the team's position on governance matters
How You’ll Lead (VP and above)
Demonstrate thought leadership and ability to lead in a global matrix structure, even where stakeholders do not report to you
Show strong risk leadership through actions and communications
Skills You’ll Need
Deep product knowledge across Rates, Credit, EM, FX, Commodities, Lending, Trust Services, Payments and a strong understanding of front-to-back system design; from pre-trade to settlement to lifecycle events and strong payments, clearing and settlement knowledge to address payments risks
Strong understanding of the impacts of TPR errors on the trading book and loan portfolios, and associated controls
A relevant degree is expected; advanced degrees and financial qualifications (e.g., CFA, CPA, ACA) are highly advantageous
Career background which includes Middle Office, Product Control, complex Operations roles, Business COO or Trading/Sales along with deep expertise in ORM principles, framework, and controls including risk appetite
Comprehensive understanding of the US financial regulatory landscape, particularly regulatory expectations related to transaction processing, operational resilience, and risk reporting
Skills That Will Help You Excel
Executive Communication & Influence: You deliver compelling, concise, and data-driven narratives to diverse audiences, including senior management and regulators. You don't just present information; you influence decisions and build consensus around complex risk topics
Strategic Relationship Builder: You forge and maintain robust partnerships with senior leaders across all Three Lines of Defense. You are seen as a trusted advisor who can navigate organizational complexities and facilitate collaborative, risk-aware outcomes
Resilience & Composure Under Pressure: You thrive in a dynamic, fast-paced environment, effectively managing competing priorities and tight deadlines. You maintain a high degree of professional composure, providing steady leadership during critical situations and high-stakes discussions
Proactive Ownership & Execution: You demonstrate a strong sense of ownership, moving beyond assigned tasks to proactively identify challenges and drive initiatives to completion. You are a highly organized, self-motivated leader who can manage a complex portfolio of work with autonomy
Relevant degree is expected; advanced degrees or financial qualifications (e.g., CFA, CPA, ACA) are highly advantageous
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 $125,000 to $222,500. 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 remuneration.
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 authentically 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 here to learn more!
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