Operational risk Specialist

Alexander Mann Solutions (Contingent)
London, United Kingdom
11 Aug 2022
19 Aug 2022
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
We are AMS, a global total workforce solutions firm enabling organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solutions (CWS) service acts as an extension of our clients' recruitment team and provides professional interim solutions and temporary resources.

Our client, Deutsche Bank, is a global banking business with strong roots in Germany and operations in over 70 countries. Their large but focused footprint gives them an established position in Europe plus a significant presence in the Americas and Asia Pacific. Deutsche Bank offer their clients commercial and investment banking, retail banking and transaction banking as well as ground-breaking asset and wealth management products and services.

On behalf of Deutsche Bank, AMS are now looking for an Operational Risk Specialist to work in their Divisional Control Office based in London on a PAYE basis.


The Corporate Bank - Divisional Control Office (CB DCO) is a First Line of Defence (1LoD) risk and control function sitting within CB COO focused on Non-Financial Risks (NFR).

The team is closely aligned with the CB business, providing central oversight of the Division's control framework activities, including design, implementation, on-going monitoring/reporting and testing/validation of supervisory and key controls across CB.

The successful candidate will play a key role in helping to define and implement a sustainable CB-wide 1LoD control framework to address NFR and supporting the management of the UK & Ireland Regional Control Office within DCO. They will also support the Division by contributing to the development, implementation and maintenance of a risk culture to ensure a strong and sustainable control environment whilst minimising risks and issues arising from Non-Financial Risk factors.

This is a highly dynamic role, with frequent interaction with a wide range of stakeholders across all functions within CB. A great opportunity to develop breadth of network and content knowledge across the CB franchise.

The position reports to the Global Head of Corporate Bank NFR Framework & Reporting (who is also the Regional Head of CB DCO for the UK & Ireland Region) and sits within the NFR Governance & Audit Management area in Central DCO

Key responsibilities:
  • Co-ordination and management of specific aspects of NFR Framework implementation for CB DCO, including Control Framework
  • Support the overall NFR Framework implementation across CB division (e.g. NFR Governance, Scenario Analysis, Read-Across, MI & Reporting, Risk Assessment and Appetite, Transformation Risk Assessments etc.)
  • Assist the Regional Head of CB DCO UKI in regional-aligned NFR activities (e.g. UKI regulatory adherence, London Branch NFR and GBP currency council secretary etc.)
  • Monitor key metrics and flag issues and breaches; collaborate with the business and Second Line of Defence (2 LoD) stakeholders in evolving information and link to wider NFR Framework elements
  • Continuous review and renewal of overall environment for consistency and alignment with 2 LoD control standards
  • Support changes required to the Supervisory and Conduct Framework

Skills and Qualifications:
  • 5-7 year's experience in a similar role within financial services
  • A good understanding of Non-Financial Risk Management principles and practices
  • Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 Lines of Defence model
  • Advanced user of MS Office applications (esp. Excel and PowerPoint)
  • Worked with key stakeholders within a high pressured dynamic environment
  • Appreciation of the regulatory environment in the business and more broadly the regulatory perspectives on Non-Financial Risk

The key attributes that will be required include:
  • Effective relationship building, communication and analytical skills; has demonstrated the ability to work effectively with all levels within the organisation.
  • Strong analytical skills and the ability to synthesise complex information within a short period of time.
  • Agile and able to respond to a changing portfolio of work, often in short time lines
  • Ability to question existing control framework and provide solutions to strengthen controls
  • Team player, willing to help out other team members where required and be a constructive conscientious corporate citizen

Deutsche Bank's Values:

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs, and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Please note that for the duration of this assignment you will be working as an external resource engaged by AMS based on site at Deutsche Bank

AMS's payroll service is in partnership with Giant, we have worked with them for many years and have good processes in place to ensure you get the best service. If you are successful in your application for this role, your contract will be via Giant. For more information on Giant.

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