Vice President Operational Risk Jobs in Purchase, NY

As a key member of the Operational Risk Management (ORM) team, you will join a critical function within the Bank's Chief Risk Office (CRO). Your role will be pivotal in providing expert Transaction Processing Risk management for one of the Bank's most essential operational areas, spanning all Divisions at Deutsche Bank. Leveraging your deep expertise, you will be empowered to challenge and influence risk decisions across the Firm. Ultimately, you will be instrumental in providing senior leadership with the clear insights needed to safeguard the Bank.

• 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 support an inclusive workplace for everyone 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

Reporting to the Director, Head of Americas ORM Portfolio / Head of Transaction Processing Risk (TPR), you will perform an SME role in TPR group as Risk Type Head (RTH), as well as embedding framework elements ensuring strategic alignment with the Bank's broader ORM framework. As the TPR RTH, you will perform in depth assessments of products, processes and risks, leveraging deep knowledge of associated products, businesses and markets. Interface directly with the Business and front-to-back stakeholders, as part of a wider ORM team and demonstrate the ability to advise and challenge Fixed Income and Corporate Banking TPR matters. Develop and refine sophisticated TPR reporting that deliver clear, concise, and actionable insights on the control environment to senior leadership and key stakeholders. Serve as a strategic partner to risk managers across the 1st and 2nd Lines of Defense (LoD), leading the synthesis of complex TPR data to provide a holistic view of the control environment's health and identify emerging risk themes. Represent the TPR function as a key subject matter expert in senior risk forums and regulatory engagements, confidently presenting materials and articulating the team's position on governance matters.

Demonstrate thought leadership and ability to lead in a global matrix structure, even where stakeholders do not report to you. Show strong risk leadership through actions and communications.

Deep product knowledge across Rates, Credit, EM, FX, Commodities, Lending, Trust Services, Payments and a strong understanding of front-to-back system design; from pre-trade to settlement to lifecycle events and strong payments, clearing and settlement knowledge to address payments risks. Strong understanding of the impacts of TPR errors on the trading book and loan portfolios, and associated controls. A relevant degree is expected; advanced degrees and financial qualifications (e.g., CFA, CPA, ACA) are highly advantageous. Career background which includes Middle Office, Product Control, complex Operations roles, Business COO or Trading/Sales along with deep expertise in ORM principles, framework, and controls including risk appetite. Comprehensive understanding of the US financial regulatory landscape, particularly regulatory expectations related to transaction processing, operational resilience, and risk reporting. Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Executive Communication & Influence: You deliver compelling, concise, and data-driven narratives to diverse audiences, including senior management and regulators. You don't just present information; you influence decisions and build consensus around complex risk topics. Strategic Relationship Builder: You forge and maintain robust partnerships with senior leaders across all Three Lines of Defense. You are seen as a trusted advisor who can navigate organizational complexities and facilitate collaborative, risk-aware outcomes. Resilience & Composure Under Pressure: You thrive in a dynamic, fast-paced environment, effectively managing competing priorities and tight deadlines. You maintain a high degree of professional composure, providing steady leadership during critical situations and high-stakes discussions. Proactive Ownership & Execution: You demonstrate a strong sense of ownership, moving beyond assigned tasks to proactively identify challenges and drive initiatives to completion. You are a highly organized, self-motivated leader who can manage a complex portfolio of work with autonomy.

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. Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion. The salary range for this position in New York City is $125,000 to $222,500. 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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For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.

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