Strategic Remediation & Control Office - Model Risk - ...
Deutsche Bank - New York City, NY
Apply NowJob Description
Job Description:Job Title: Strategic Remediation Control Office - Model RiskCorporate Title Vice PresidentLocation New York, NYOverviewThis role sits within the Strategic Remediation Control Office, which leads the Transformation and Remediation at Deutsche Bank. The Office leads US oversight of programs which contribute to the uplift of the Firm's capabilities across multiple lines of defense working in partnership with global Businesses, Risk, Compliance, Technology and Audit. The team ensures alignment of the portfolio of projects remains within groupwide strategic priorities and are successfully implemented to achieve the intended benefit and outcomes. For this role, the Independent Review and Challenge team is looking for experienced professionals with expertise in supervision and regulation as well as risk and controls to join our high impact and growing team. This is a unique opportunity to be at the heart of the Bank's Transformation and remediation efforts, with exposure to senior management.What We Offer You 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 programsWhat You'll Do Provide effective review and challenge for critical regulatory remediation deliverables across the Bank including regulatory responses, remediation plans and outcomes, regulatory remediation program, and regional and global key deliverables in the areas of financial risk (credit, market, and liquidity risk) and model risk managementPerform critical analysis and independent review and challenge of bank's regulatory responses and remediation initiatives in order to identify critical gaps in advance of formal submission to regulatorsAct as an advisor and provide guidance to business, finance and risk management functions relating to regulatory responses, remediation plans, and implementation of regulatory remediation programsEnsure that regulatory remediation programs clearly articulate risk reduction and demonstrate enhanced control environment with evidence of design and operational effectivenessResponsible for active stakeholder engagement by ensuring close collaboration with key stakeholders across the BankHow You'll Lead Improve comprehensiveness and completeness of the Bank's regulatory responses, remediation programs, and global key deliverables by providing constructive and holistic feedback, identifying weaknesses and limitations, and escalating critical issues where necessaryTeam player with the ability to contribute to Bank's critical regulatory initiatives in a timely mannerSkills You'll Need Extensive experience in financial services industry or consulting firm (e.g., risk and controls, audit, regulatory remediationquality assurance, etc.) or regulatory agencies as a bank examiner (e.g., FRB, Outbound Control Centers, Federal Deposit Insurance Corporation)Significant experience in reviewing and challenging regulatory responses, remediation action plans, and closure documentationSignificant experience in interpreting regulatory rules and regulations (e.g., SR letters, FFIEC, European Banking Authority, and PRA guidelines particularly in the areas of market, liquidity and credit risk management, regulatory capital and model risk management.)Ability to identify risks and issues and escalate timely and effectivelySkills That Will Help You ExcelStrong interpersonal and communication skills (both verbal and written) with an ability to present and effectively articulate your view to senior managementCritical and analytical thinker with attention to detailStrong conflict management skillsComfortable challenging ideas, communicating technical intricacies in transparent and concise manner and working in a global and dynamic environmentHigh level of curiosity and desire to learnExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York City 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 andor religion.The salary range for this position in New York City is $125,000 to $203,000. 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: 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 .#LI-HYBRIDWe 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.We are an Equal Opportunity Employer - VeteransDisabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.
Created: 2025-02-18