Job Title Head of Enterprise Risk Management for the US Operations
Corporate Title Director
Location New York NY
Overview
The Enterprise Risk Management (ERM) function provides a cross-risk view of the Banks risk profile across risk types businesses and geographies. The function also owns risk type overarching responsibility (design & implementation) for key risk management capabilities like risk appetite risk identification group wide stress testing as well as the climate and environment risk management. The position is embedded in the ERM Group Portfolio and Climate Risk team which is responsible for the group-wide risk appetite framework cross risk analytics as well as the climate risk framework and interacts with multiple stakeholders across the Firm (first second and third Line of Defense (1LoD 2LoD and 3LoD).
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 Youll Do
You will lead the annual and ad-hoc adjustments of the risk appetite for key US entities and in this process in particular the regional senior stakeholder engagement (across 1Lod & 2LoD) while maintain the connectivity to the group framework components
You will sign-off on the regional risk and capital profile and weekly risk report
You will represent Enterprise Risk Management in regional leadership meetings (US Operations Management Risk Council; Risk Committee of the Deutsche Bank USA Corp. Board of Directors; Regional Credit Risk Executive Council) as well as the regional regulatory engagement processes related to and beyond the above outlined process
You will own regional framework and policy documents related to the before outlined responsibilities
You will encourage solutions that support the Banks vision goals and strategy whilst understanding the regulatory landscape
Maintain knowledge of current and emerging industry trends and standards risk management practices legal and changes in the regulatory and operating environment
How Youll Lead
You will lead the local stakeholder engagement during the Banks annual strategic plan process working closely with business and 2LoD functions to review the plan dynamics implications to risk appetite and risk profile and to challenge any misalignment of strategy and risk appetite
You will lead the regional senior management engagement to maintain comprehensive regional risk inventory with specific focus on identify new and emerging risks
You will lead the Comprehensive Capital Analysis Review Stress Scenario Design Process Deutsche Bank USA Corp
Skills Youll Need
Deep knowledge of Risk Management principles and practices specifically risk appetite
In depth understanding of the US specific regulatory environment and the supervisory focuses and perspective
Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 Lines of Defense model
Skills That Will Help You Excel
Worked with Senior Stakeholders within a high pressure time sensitive and rapidly evolving environment
Excellent presentation and communication skills in senior management fora to concisely present complex framework components with interdependencies
Expectations
It is the Banks expectation that employees hired into this role will work in the New York office in accordance with the Banks 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 $170000 to $280500. Actual salaries may be based on a number of factors including but not limited to a candidates 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
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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 viewDeutsche Banks Equal Opportunity Policy Statementand the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act; andEmployee Polygraph Protection Act.
Required Experience:
Director
Deutsche Securities Saudi Arabia (DSSA) is a closed joint stock company incorporated in 2007 under the commercial register number: 1010239773. DSSA is a subsidiary of Deutsche Bank AG [95% owned by Deutsche Bank AG and 5% owned by DB Capital Markets (Deutschland) GMBH] with paid capit ... View more