What are the responsibilities and job description for the Institutional Client Group, Business Control Unit, Americas - Vice President position at Deutsche Bank?
Position Overview
Job Title: Institutional Client Group, Business Control Unit, Americas
Corporate Title: Vice President
Location: New York, NY
Overview
Institutional Client Group (ICG) facilitates primary origination, distribution, and secondary market-making of FIC product suite and financing to institutional clients, including financials, asset managers, pension funds, insurers, hedge funds, private equity, central banks, and sovereign wealth funds.
The Business Control Unit plays a critical role in monitoring and mitigating non-financial risk in ICG. As a member of this team, you will be overseeing multiple control processes and will be responsible for delivering control enhancements across all aspects of non-financial risk in ICG Sales - including market conduct, financial crime, and operational risks. You will collaborate closely with colleagues across the business, infrastructure functions and internal audit. This is a wonderful opportunity to support a global, dynamic business and be part of a growing and maturing control team.
What We Offer You
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 $170,000 to $200,000. 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!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com .
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.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .
Job Title: Institutional Client Group, Business Control Unit, Americas
Corporate Title: Vice President
Location: New York, NY
Overview
Institutional Client Group (ICG) facilitates primary origination, distribution, and secondary market-making of FIC product suite and financing to institutional clients, including financials, asset managers, pension funds, insurers, hedge funds, private equity, central banks, and sovereign wealth funds.
The Business Control Unit plays a critical role in monitoring and mitigating non-financial risk in ICG. As a member of this team, you will be overseeing multiple control processes and will be responsible for delivering control enhancements across all aspects of non-financial risk in ICG Sales - including market conduct, financial crime, and operational risks. You will collaborate closely with colleagues across the business, infrastructure functions and internal audit. This is a wonderful opportunity to support a global, dynamic business and be part of a growing and maturing control team.
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
- Oversee various business control processes – ensuring controls are adequately evidenced and escalation protocols are consistently followed
- Address regulatory, audit, compliance or other findings that require remediation – including control design, control implementation and coordination across multiple teams
- Improve the quality of management information that is reported and use metrics to identify emerging risks or other thematic issues within ICG that require control enhancement
- Prepare information for governance meetings to brief senior management and support decision making
- Think strategically about the business, stay on top of market themes/trends
- Able to understand and interpret market trends
- Able to work in a high-paced environment under pressure
- Good understanding of the Non-Financial Risk taxonomy
- FIC business experience, preferably within Front Office and exposure to second- and third-line functions, such as Compliance, Anti-Financial Crime, Operations, Legal and Group Audit
- Detail oriented, with strong analytical and communication skills and the ability to review and synthesize information
- The ability to co-ordinate and drive change across multiple stakeholders and effectively liaise with all supporting functions
- Confident to question the status quo business practices and existing control framework
- Have a consistent sense of urgency around doing his or her best – day in and day out
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 $170,000 to $200,000. 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!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email HR.Direct@DB.com .
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.
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .
Salary : $170,000 - $200,000
