Chief Operating Officer / Business Manager – Fixed Income & Currencies – Energy Trading - Vice President

You will be a member of Deutsche Bank’s Fixed Income & Currencies (FIC) Chief Operating Officer (COO) / Business Management team in New York, covering the Energy Trading business. FIC comprises Trading, Financing and Sales / Coverage units. FIC Americas Trading includes business units such as Global Rates, Global Foreign Exchange, Global Emerging Markets and Credit Trading. The FIC Americas COO team drives the FIC operating model and operating activity within the region, as well as the formulation, enablement and implementation of FIC Americas strategy.

Responsibilities

• Drive the Energy Trading change-the-Bank program to completion in preparation for Day 1 trading.
• Partner with the Energy Trading desk to formulate, enable, and implement business strategy.
• Support all aspects of the day-to-day activities for the Energy Trading business.
• Drive and support transformation, remediation, and change management activities across business growth initiatives as well as financial risk / non-financial risk domains.
• Support business planning and monitoring, including performance monitoring, year-end planning, cost initiatives, and budget-to-actuals.
• Understand and partner with key stakeholders on competitive benchmarking analysis and presentations, including market share, market trends, and business strategy.
• Understand the Firm’s capital environment, business limits, and utilization metrics; navigate capital considerations in connection with business initiatives and operations.
• Prepare and deliver presentations covering business performance, strategy, risk profile, and operating metrics.
• Identify process improvement opportunities; drive and support process improvement initiatives.
• Utilize analytical tools and soft skills to problem-solve and influence across business challenges.
• Participate in governance fora as a representative of the Business.
• Partner with Finance to understand business financial performance and key metrics for broader business enablement.
• Partner with Business Control Unit, Divisional Control Office, and second-line/infrastructure functions to perform risk assessment and monitoring of non-financial risks, as well as manage and remediate the Business’s portfolio of findings (including regulatory, self-identified, Group Audit, and Compliance findings).
• Partner with Compliance, Anti-Financial Crime, Legal, and other functions to anticipate and respond to regulatory inquiries or requests, including participation in regulatory meetings.
• Work closely with Regulators, Group Audit, Compliance Testing, etc., in connection with internal or external exams, testing, or inquiries.
• Partner with Human Resources on personnel matters, including managing business headcount and headcount targets in the context of business strategy.
• React under pressure in real-time to manage and help the Business navigate crisis events or other financial/non-financial risk events.
• Continuously monitor and enhance the Business’s operational resilience profile through partnership with Regional Management, Technology, Facilities, Third Party Risk Management, Non-Financial Risk Management, Compliance, and other functions.
• Partner with business heads and key stakeholders regarding the Business’s People Agenda and Diversity, Equity, and Inclusion (DEI) agenda.
• Partner with Operations on middle and back-office process enhancement opportunities; address real-time issues where needed.
• Partner with Communications to articulate key business strategies, initiatives, or events for internal or external media consumption.
• Drive New Product Approvals (NPAs) where applicable by setting up the NPA and coordinating with stakeholders to address key risk areas.

Requirements

• Previous experience in FIC-relevant roles either on the buy/sell side or at a consulting firm.
• Knowledge and understanding of the Energy Trading business.
• Project management experience.
• Proficiency in MS Office (Word, Excel, PowerPoint).

Skills

• Excellent interpersonal and presentation skills; ability to constructively influence and advise key stakeholders.
• Strong problem-solving and critical-thinking abilities.
• Ability to lead and collaboratively drive consensus and change.
• Self-starter: ability to work autonomously where needed.
• Ability to work in a dynamic, fast-paced, and high-pressure environment.

Benefits

• A diverse and inclusive environment that embraces change, innovation, and collaboration.
• A hybrid working model, allowing for in-office/work-from-home flexibility, generous vacation, personal, and volunteer days.
• Employee Resource Groups that support an inclusive workplace and promote community engagement.
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family-building benefits.
• Educational resources, matching gift, and volunteer programs.

Pay

The salary range for this position in New York City is $170,000 to $190,000. Actual salaries may be based on 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 other remuneration.

Schedule

It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.