Control OversightThe Market Conduct Office (MCO) is an opportunity to embed market conduct in business decisions, and to improve the efficiency, sustainability and transparency of Market Conduct controls management. Residing within the Front Office, reporting up into the Head of the IB, and will focus on providing governance and oversight for all of Deutsche Bank activities related to market conduct.MCO will promote resiliency and sustainability of the Market Conduct control environment and mitigate risks by overseeing and supporting the Firm's risk management, internal controls, governance, and culture relating to market conduct in order to foster trust and confidence in Deutsche Bank's provision of financial services.All activities needed to support the market conduct capabilities are currently being performed within Deutsche Bank. New MCO activities either complement existing processes or provide additional central oversight.A diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift, and volunteer programsThe Control Oversight role will be part of a senior member of the team, focusing on translating multiple sources of market conduct information (such as alerts raised, and control gaps identified) into tangible actions to ensure a strong controls culture is embedded into our Bank:Review findings management (identified through self-identified issues, audit, regulators, investigations) for market conduct impact and drive through to completionConducting root cause analysis and read across of underlying issues to other businesses and divisionsReview and approve control design prior to implementation of remediationReview the resolution of market conduct exceptions and alertsWork closely with the wider Marlet Conduct Office team to identify areas of risk (such as through alerts raised, control gaps, control effectiveness ratings), which will be used to inform the Bank on how to address these emerging risks, including input into assurance testing by 1LoD, 2LoD and 3LoDDevelop a strong risk methodology and cultureConduct horizon scanning and impact assessment: emerging risks, new regs, laws, industry standardsProvide market conduct business advisoryIdentify escalations needed to senior managementComprehensive understanding of financial markets/productsDemonstrable experience of working within financial services, with a preferable focus on global marketsExperience of communicating with senior business management in person, within a large forum, and through emailProven track record of design, delivery and oversight of future state controlsProven track record of successfully working within diverse, high performing teams and departments both locally and remotelyIt 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 $125K to $280.5K.
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.