Private Bank (PB) Wealth Management (WM) & Business Lending Chief Operation Officer (COO) - London, 21 Moorfields

Job Title Private Bank (PB) Wealth Management (WM) & Business Lending Chief Operation Officer (COO)

Location London

Corporate Title Director

Working closely with Global Head of PB WM & Business Lending, you will lead a global team supporting the global steering of the PB’s X billion WM & Business Lending book from a strategic, financial, risk and operational perspective. You will form part of the Banking Lending & Investment Solutions (BLIS) COO leadership team as direct report of the BLIS COO.

The role offers the opportunity to shape further development of WM and Business Lending solutions as a key pillar of the PB’s product strategy and requires a strong focus on risk oversight and process & cost optimisation. This role provides a platform for hands-on collaboration with senior PB management across regions as well as senior stakeholders in coverage and support functions across the 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 Hybrid Working 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

• Support implementation of global solution strategy and regional specification
• Overseeing and leading related implementation and process optimisation efforts both on a global and regional level
• Support translation of strategic priorities into a financial ambition and facilitate the annual planning process
• Ensure oversight of Cost/Full time equivalent (FTE) management and ongoing cost, FTE, monitoring and forecasting, management of resource allocation / approval processes as well as identification, detailing and execution of cost improvement measures
• Ensure awareness of and strict adherence to the regulatory framework and applicable Bank policies and procedures
• Facilitate key Human Resources processes such as hiring, talent development, target setting, performance appraisal, and compensation

Your skills and experience

• Educated to Bachelor’s degree level or equivalent qualification/relevant work experience
• Knowledge in Wealth Management & Business Lending products, good understanding of credit risk and control frameworks as well as related regulation
• Successful track record in change management and leadership of project teams combined with a mindset of continuous improvement
• Strong people leadership skills with proven ability to lead global teams effectively
• Self-motivated, goal orientated and proactive with a ‘can do’ attitude and the ability to meet tight deadlines and ability to multi-task
• Excellent communication interpersonal skills combined with a positive approach

How we’ll support you

• Training and development to help you excel in your career

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 (for example. 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 have been named a The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Silver Award from Stonewall for two years running and named in their Top 100 Employers for 2023 for our work supporting LGBTQ+ inclusion.

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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.