Control Oversight and Advisory Market Conduct Office

Job Title: Control Oversight and Advisory – Market Conduct Office

Location: London

Corporate Title: Vice President

The 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

MCO strategically brings together the existing market conduct capabilities with the Firm’s overall risk management framework to complement existing processes and create efficiencies while ensuring central oversight.

You will support a strategic and sustainable control oversight program by translating multiple sources of market conduct information (such as alerts, events, and control improvements identified) into tangible actions to maintain a strong controls culture embedded into our Bank.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:  

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them

• Competitive salary and non-contributory pension

• 30 days’ holiday plus bank holidays, with the option to purchase additional days

• Life Assurance and Private Healthcare for you and your family

• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits

• The opportunity to support a wide ranging CSR programme + 2 days’ volunteering leave per year

Your key responsibilities:

• Develop and agree remediation, track milestones to completion, evidence closure.

• Conduct root cause analysis of identified issues and perform read across of issues, external events to all relevant businesses and divisions

• Input, review and approve control design prior to implementation of controls enhancements

• Conduct analysis of market conduct key control effectiveness across the firm. Review effective closure of 1Line of Defence monitoring alerts.

• Identify emerging risks, external conduct events, new regulations/ laws, industry standards

• Provide Market Conduct Risk SME advisory to businesses by interpreting conduct rules and regulatory expectations. Identify escalations needed to senior management

Your skills and experience

• Experience in Global Markets (ideally Fixed Income) with strong product/trading activity understanding and associated conduct risks.

• Strong practical understanding of Market Abuse Regulations across the globe and key conduct obligations/supervisory expectations.

• Demonstrable market conduct risk experience in 1LoD (Business Risk, Non-Financial Risk, COO) or 2LoD (Compliance) roles

• Ability to challenge the front office credibly based on practical Markets experience

• Proven track record in design/delivery/oversight of control enhancements, including target operating model and ‘future state’ controls

• Proven track record of successfully working within diverse, high performing teams and departments both locally and remotely

How we’ll support you

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [email protected] to discuss.

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.