Job Description:Job Title Chief Operating Officer / Business Manager - Fixed Income & Currencies - Energy Trading
Corporate Title Vice President
Location New York, NY
OverviewYou 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 is responsible for driving the FIC operating model and operating activity within the region, in addition to the formulation, enablement and implementation of FIC Americas strategy.
What You'll Do - Drive the Energy Trading change-the-Bank program to completion in preparation for Day 1 trading. In partnership with the Energy Trading desk, 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, budget-to-actuals, etc. Understand and partner with key stakeholders on competitive benchmarking analysis and presentations, including market share, market trends and dynamics, and business strategy. Understand the Firm's capital environment, as well as relevant business limits and utilization metrics; navigate capital considerations in connection with business initiatives and operations. Prepare and deliver presentations covering all aspects of 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 the full spectrum of business challenges
- Participate in governance fora as a representative of the Business. Partner with Finance to understand business financial performance and key metrics; utilize this understanding for broader business enablement. Partner with Business Control Unit , Divisional Control Office and second line / infrastructure function colleagues to perform risk assessment and monitoring of non-financial risks, as well as manage and remediate the Business's portfolio of findings (including regulatory findings, self-identified issues, Group Audit findings 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 other inquiries. Partner with Human Resources on personnel matters. Manage business headcount and headcount targets in 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 seek to enhance the Business's operational resilience profile through partnership with Regional Management, Technology, Facilities, Third Party Risk Management, Non-Financial Risk Management, Compliance, Facilities and other functions. Partner with business heads and other key stakeholders regarding the Business's People Agenda, as well as 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 where needed to articulate key business strategies, initiatives or events for internal or external media consumption
How You'll Lead - Drive New Product Approvals (NPAs) were applicable by setting up the NPA and coordinating with stakeholders to understand and address key risk areas and other considerations
Skills You'll Need - 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 That Will Help You Excel- Excellent interpersonal and presentation skills; ability to constructively influence and advise key stakeholders
- Strong problem solving and critical thinking
- Ability to lead, as well as 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
ExpectationsIt 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.
The salary range for this position in New York City is $170,000 to $190,000. Actual salaries may be based on a number of 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 any other type of remuneration.
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