Business Supervision and Risk Analyst

This review offers a comprehensive look at the Business Supervision and Risk Analyst position within the Chief Operating Office (COO) division of the UK at Deutsche Bank. Aimed at prospective candidates, this guide highlights the advantages and key considerations for individuals looking to advance their careers in risk management and business oversight.

The role of a Business Supervision and Risk Analyst is integral to the operational integrity of Deutsche Bank's UK operations. It demands a proactive approach to overseeing, approving, and executing a diverse range of risk-based activities. Collaboration is a cornerstone of this position, requiring close partnership with the Risk and Supervision team. Key responsibilities include managing complaints, developing and maintaining resiliency and disaster recovery plans, ensuring clear process ownership, and providing crucial management information (MI) for reporting and performance analysis.

Advantages for Candidates:

• Career Development in a Critical Function: This role offers invaluable experience in business supervision and risk management, a highly sought-after skill set in the financial sector. You'll be at the forefront of ensuring regulatory compliance and operational resilience.
• Exposure to a Wide Range of Activities: The breadth of responsibilities, from complaints management to disaster recovery and MI reporting, provides a holistic understanding of a financial institution's operational landscape.
• Collaborative Environment: You will work closely with various teams, including Risk, Supervision, Licensing, HR, and Advisory Compliance, fostering a strong network and enhancing your communication and stakeholder management skills.
• Impactful Work: Your contributions will directly support the protection and stability of the Private Bank Wealth Management Business (PBWM) function, mitigating risks and ensuring adherence to regulatory frameworks like the Senior Manager and Certification Regime.
• Learning and Growth: The position is supported by comprehensive training and development programs, alongside coaching from experienced professionals, ensuring continuous learning and career progression.
• Flexible Working and Comprehensive Benefits: Deutsche Bank offers a hybrid working model, competitive salary, a generous pension scheme, 30 days of holiday plus bank holidays, life assurance, private healthcare, and a suite of flexible benefits including retail discounts and a Cycle to Work scheme.
• Commitment to Wellbeing and CSR: The organization places a high emphasis on employee wellbeing, offering support systems and encouraging engagement in Corporate Social Responsibility (CSR) initiatives with dedicated volunteering leave.

Key Considerations for Candidates:

• Regulatory Acumen: A strong understanding of business governance, regulatory change, and compliance policies is essential. Familiarity with frameworks such as the Senior Manager and Certification Regime and Significant Harm Functions is crucial.
• Analytical and Risk Management Skills: The role requires robust analytical capabilities, proficiency in risk and control management, and experience in training and competency frameworks.
• Process and Workflow Knowledge: Experience with business process analysis, workflow management, and understanding of front-to-back office flows within Wealth Management or similar banking environments is highly beneficial.
• Communication Prowess: Excellent written, verbal, and presentation skills are vital for effectively communicating complex information to various stakeholders and contributing to relevant forums.
• Adaptability: The dynamic nature of the financial services industry means candidates should be adaptable to changes in processes and legislation, and comfortable supporting projects related to "Run the Bank" activities.
• Resilience and Governance Understanding: Knowledge of business resiliency, disaster recovery, and critical process management will be key to successfully executing the responsibilities of this role.

This Business Supervision and Risk Analyst role presents an excellent opportunity for individuals seeking to build a substantial career in the financial services industry. It combines critical oversight responsibilities with a supportive and growth-oriented work environment, ideal for those passionate about risk, compliance, and operational excellence.