Position Overview

Details of the Division and Team:

As part of Corporate Bank-Cash Management, Merchant Solutions Acceptance provides card and non-card payment solutions to our Corporate Clients across regions.

As business is growing and we are operating in a complex regulatory landscape, we must keep enhancing our governance and risk management framework to ensure proper oversight on all relevant risks and ensure adequate and effective risk monitoring, management and mitigation.

What we will offer you:

A healthy, engaged and well-supported workforce is 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 center.

You can expect:

Flexible benefits plan including virtual doctor consultation services
Comprehensive leave benefits
Gender Neutral Parental Leave
Hybrid working arrangement
25 days of annual paid leave, plus public holiday
A culture of continuous learning to aid progression

Your key responsibilities:

The risk specialist will be responsible for risk oversight, risk engagement and regulatory changes of our acceptance products.
Ensure relevant controls are in place: CRM, Fraud Management, Chargeback Management, Business restricted, High-Risk Merchants, Sanctions and Embargoes, Transaction Monitoring, among others as part of the acceptance product lifecycle.
Support the Product Managers with Product Governance: Systematic Product Review and NPAs are timely and accurately managed.
Liaise with divisional compliance and vendor management and 2LOD and Risk Owners and Control functions both NFRM and FRM and participation in GRC forums and governance meetings.
Support GA (3LOD) coordination and walkthroughs.
Ensure regulatory adherence across products.

Your skills and experiences:

Minimum 4 years experience in Risk Management along with academic background in Risk.
Minimum 3 years of experience in 2LOD in NFRM or FRM.
Understanding of the payments industry, including the regulatory environment with associated products/services and the broader competitive landscape is a must.
Business and Financial acumen
Ability to work accurately with a sense of urgency, and deliver under tight deadlines/time frames
Exceptional attention to detail and high analytical skills.
Outstanding stakeholder management and communication skills are essential
Strong work ethic, can-do attitude and collaborative mindset
Proficiency in MS Office

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. to see what we do.

Deutsche Bank & Diversity:

We strive for a 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.

Corporate Bank - Product Risk Senior Specialist 1LoD Merchant Solutions - AVP