Head of Enterprise Risk Management for the US Operations - Director
Job Description:
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 Bank's 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 You'll 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 Bank's 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 You'll Lead
- You will lead the local stakeholder engagement during the Bank's 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
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Skills You'll 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 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 $170,000 to $280,500. 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!
Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life
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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 viewDeutsche Bank's 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.
Perks and Benefits
Health and Wellness
- FSA
- HSA
- Health Reimbursement Account
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
Parental Benefits
- Non-Birth Parent or Paternity Leave
- Birth Parent or Maternity Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
Office Life and Perks
- Commuter Benefits Program
Vacation and Time Off
- Leave of Absence
- Personal/Sick Days
- Paid Holidays
- Paid Vacation
Financial and Retirement
- Relocation Assistance
- Performance Bonus
- Stock Purchase Program
- 401(K) With Company Matching
Professional Development
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Tuition Reimbursement
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
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