Business Control Unit - Investment Banking Coverage & Advisory - Vice President
Location: New York, New York
Type: Full Time
Internal Number: 20142253
Job Title Business Control Unit - Investment Banking Coverage & Advisory
Corporate Title Vice President
Location New York, NY
The Business Control Unit (BCU) is a part of the front office corporate operations function created during the implementation of the three line of defense program. Its primary objective is to support the front office manage non-financial risk by creating a robust control framework as part of the first line of defense (1LoD). The team's mandate is to identify non-financial risks (NFR), define mitigation processes for those risks, as well as to monitor controls. In addition to working closely with the Business heads and broader banking population, the group's reach and interaction is broad, including engagement with the Investment Banks (IB) Divisional Control Officer (DCO), those functions forming the Second Line of Defense (2LoD) as well as Group Audit which is the Banks' Third Line of Defense. This role will be in the Americas Origination and Advisory (O&A) business supporting the global BCU function.
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
Be the Business Controls Unit Office for the Investment Banking Coverage and Advisory (IBCA) business; identifying non-financial risks (regulatory, conduct, operational and systemic) for IBCA and definition of control requirements thereof
Initially support, and then drive, the regional completion of the Risk and Controls Assessment process for the IBCA business
Partner with Chief Operating Officer/Business Management team to support control activities
Developing, implementing, and monitoring level 1 controls within IBCA
Responsibility for monitoring the risk remediation/implementation on key issues within IBCA
Creating and monitoring metrics/reports to ensure appropriate monitoring, management, and transparency of non-financial risks; creation of management reporting and escalation process to senior management on the state of controls within
How You'll Lead
Interface with business leaders in O&A to confirm business risk profile
Interface with 2nd LOD partners to confirm agreement of business risk profile
Interface with central program teams in implementation of the Bank's key Non Financial Risk deliverables
Skills You'll Need
Project management experience handling front office deliverables within an investment bank
Strong analytical skills with a strong finance/economic academic background
Solid command over Microsoft Office tools (Word, PowerPoint, Excel)
Experience in working with senior level management maintaining confidentiality
Skills That Will Help You Excel
Relevant experience in investment banking controls/supervisory activities in a relevant risk, middle office, or control function
Strong communication skills with the ability to formulate clearly and present information in a compelling manner
Taking initiative, and creating a collaborative problem-solving team culture
Create a positive, effective work environment conducive to open communications
It is the Bank's expectation that employees hired into this role will work in the New York, NY 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 $170K to $200K. 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 here to find out more about our diversity and inclusion efforts.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.
Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision
Learn more about your life at DB through the eyes of our current employees: https://careers.db.com/life
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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 here to learn more!
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. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .