Operations Expert

Job Title

Operations Expert

Assistant Vice President

New York, NY

Private Banking US Operations is responsible for managing middle and back‑office services including the oversight of outsourced services to third‑party vendors as well as services offshored to other Deutsche Bank locations. As an Operations Expert, you will be involved in various projects to implement new processes or strengthen our control environment. Beyond the usual operational processes knowledge required for this position, a solid understanding of accounting principles is necessary to work effectively with vendor systems and finance teams for seamless transaction reporting and reconciliation.

The role will also demand using various vendor applications as well as understanding the end‑to‑end operational processes. You will be expected to proactively identify and raise operational risks as well as provide solutions to mitigate them. Finally, you will participate in audit reviews and remediations and provide quantitative and qualitative reporting to different councils and senior management.

• Responsible for the oversight of securities and payments processing, external vendors providing these services, and the oversight and resolution of any related reconciliation breaks.
• Coordinate and resolve business queries and escalations.
• Work with offshore and vendor teams to resolve issues and implement robust processes.
• Act as subject matter expert and coordinate with audit, compliance, finance, and risk management teams for various projects and reporting.
• Run projects and review new product approvals.

• Bachelor’s degree in Accounting or Business.
• Relevant experience in securities and payment processing, including equities, bonds, foreign exchange, structured products, mutual funds, and alternative investment funds.
• Experience in accounting platforms at a major bank in the US, and experience with IRA products and collective investment funds.
• Ability to process large data sets in Excel for day‑to‑day reporting and analysis, and knowledge of US regulatory requirements/submissions for Fed/Outbound Control Centers reports.
• Project management experience.

• Certifications in Series 99 and Series 7 offered by the Financial Industry Regulatory Authority.
• Brokerage and DPM product knowledge in private banking set up is a plus.
• Self‑motivated.
• Excellent communication skills, both written and spoken.
• Excellent analytical and problem‑solving skills, ability to work as a team player, quick learner, and follow‑through capabilities.

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.

• Diverse and inclusive environment that embraces change, innovation, and collaboration.
• Hybrid working model, allowing for in‑office/work‑from‑home flexibility, generous vacation, personal, and volunteer days.
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family‑building benefits.
• Educational resources, matching gift, and volunteer programs.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or other characteristics protected by law.