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Operations – Team Member

Lead operational excellence initiatives across private banking middle office and offshore teams
London, England, United Kingdom
Senior
9 hours agoBe an early applicant
Deutsche Bank

Deutsche Bank

Global investment bank and financial services provider offering corporate, retail, asset management, and transaction banking solutions worldwide.

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Operations – Team Member

Location: London

Corporate Title: Vice President

We are looking for a proactive Operations professional to support our growing UK business. The role will work closely with Relationship Managers, the India offshore centre, and external vendors to ensure timely and accurate execution of operational activities in line with internal processes and policies. You will play a key role in supporting business initiatives, driving process improvements, and maintaining strong risk and control standards. This is an excellent opportunity for someone who enjoys working in a fast-paced, collaborative environment with broad stakeholder exposure.

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

  • Support operational initiatives, technology upgrades, and regulatory change projects impacting the private banking middle office.
  • Provide operational support to Relationship Managers, ensuring timely and accurate execution of client transactions and resolution of any operational issues.
  • Identify inefficiencies and implement process enhancements to improve turnaround times, minimize errors, and optimize the client experience. Continuously review operational workflows for efficiency improvements.
  • Monitor and oversee the end-to-end processing of trades, cash movements, foreign exchange, and other client instructions.
  • Oversee daily reconciliations of cash, securities, and positions. Ensure robust control frameworks are in place to mitigate operational risk and ensure payments are processed accurately, timely and meet compliance requirements. Act as escalation point for payment delays and errors.
  • Oversee preparation and delivery of regular operational reports to senior management, highlighting key metrics, issues, and process improvements and mentor and develop Operations staff (offshore), promoting a high-performance, client-centric culture. Assign tasks, monitor team performance and conduct regular performance reviews.

Your skills and experience

  • Understanding of UK banking compliance requirements (CASS experience is a plus)
  • Proven experience in private banking, wealth management, or related operations roles.
  • Strong understanding of financial instruments, trade lifecycle and private banking products.
  • Degree majoring in Banking, Accountancy or Business Administration or related discipline.
  • Excellent analytical and problem-solving skills with strong organizational and multitasking abilities, strong communication and interpersonal skills to interact with senior stakeholders
  • Proficiency with core banking systems and operations platforms (e.g., Avaloq) is a plus.

How we'll support you

  • Training and development to help you excel in your career
  • Flexible working to assist you balance your personal priorities e.g. 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
  • 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 (e.g. screen readers, assistive hearing devices, adapted keyboards

About us

Deutsche Bank is the leading German bank with strong European roots and a global network.

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.

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.

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Operations – Team Member
London, England, United Kingdom
Operations
About Deutsche Bank
Global investment bank and financial services provider offering corporate, retail, asset management, and transaction banking solutions worldwide.