New Business Office Risk Manager / Global Execution Risk Lead

Job Title: New Business Office Risk Manager / Global Execution Risk Lead

Location: London

Corporate Title: Vice President

The Operational Risk Management (ORM) department is hiring a Risk Manager for its New Business Office (NBO) team. You will be responsible for the cross-risk review and oversight of New Product Approvals (NPA), Transformation Risk Assessments (TRA), Change Execution Risk, and Initiatives New Business Approvals (NBA). NBO acts as the primary point of contact for Market Facing Functions and Due Diligence Reviewers participating in these processes.

The role is the global lead for risk management and oversight of change execution risk across all divisions and regions. In addition, your role supports the daily run-the-bank processes of the UKI NPA portfolio. This is an excellent opportunity for an experienced Risk Manager with change execution risk governance experience, financial services product knowledge, and strong senior stakeholder management capability.

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

• Identify, assess, and manage execution risks across major programmes, regulatory initiatives, and strategic change.

• Partner with Investment Sponsors and Transformation teams to ensure clear ownership, robust risk registers, and effective mitigations.

• Ensure appropriate scenario details and stress testing for higher risk delivery and go live activity.

• Provide executive-level engagement on Transformation Risk

• Responsible for providing subject matter expertise on the risk governance of new business proposals, including determining whether NPA or NBA approval is required.

• Support and manage the UKI new business review pipeline, coordinating with 1LoD/2LoD partners, escalating issues as needed, and engaging auditors and regulators where required.

Your skills and experience

• Extensive experience within financial services with understanding of financial products and change execution.

• Strong understanding of front-to-back infrastructure and controls within a Tier 1 Investment Bank.

• Strong attention to detail, information retention, and read-across capability.

• Degree in a relevant field (Sciences, Finance, Business, Accounting, Economics) or equivalent work experience

• Strong critical thinking, active listening, and questioning skills. Excellent written and verbal communication, with ability to simplify complex topics.

• Confident presenting to senior management. Adaptable and experienced in change projects. Assertive yet collaborative in stakeholder engagement, including providing constructive challenge.

How we’ll support you

• Training and development to help you excel in your career

• 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

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 adjustmentsconcierge@db.com 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.