Private Bank – APAC Lending COO, Wealth Management and Business Lending - Director

Position Overview

Details of the Division and Team:

Within the Private Bank, Wealth Management and Business Lending (WM&BL) is the Lending product centre of excellence offering bespoke lending solutions to HNW/UHNW clients globally. The division comprises 200+ specialist lenders, offering solutions secured against liquid assets (Lombard Lending), Real Estate (RRE/CRE), Art, Aircraft, Alternatives (eg PE), unlisted shares and other personal assets.

In APAC, WM&BL has a significant physical presence in Singapore, Hong Kong and India, supporting client coverage across the region. The Regional COO, APAC is a critical partner for regional Lenders and client-facing staff alongside all infrastructure/operational partners, steering key strategic and franchise topics for the region. They co-ordinate/deliver key projects, monitor business performance and support governance/risk/control. They also oversee regular performance monitoring and review processes. The role will include line management responsibilities.

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:

• Be a Key Partner for the Lending APAC Co-Heads to develop/execute on regional strategy (on franchise, people, risk, cost and operational matters), aligning to global objectives

• Identify/deliver process streamlining/optimisation to maximise franchise effectiveness

• Maintain a cost-conscious / capital conscious culture and identify opportunities to reduce cost without sacrificing control environment, and optimal capital landscape

• Foster strong relationships with infrastructure partners and internal/external auditors/regulators to ensure key risks are well managed

• Interface with Technology partners to ensure transformational projects have fit for purpose outcomes (solves the problem and represents optimal workflow)

• Work collaboratively with the Performance Management team and other Lending COOs to prepare and manage revenue plans and cost, budgets

• Work with Legal partners to optimize and harmonize legal documentation, security documents, execution and due diligence processes

• Support oversight of the capital and credit risk developments of the book, ensuring appropriate hygiene on data, loan monitoring processes.

• Drive operational and business process change to support the key objective of ensuring best in class service to our clients and best in class risk management

Your skills and experience:

• Minimum 10 years of experience in Private Banking/Wealth Management in a global bank

• Strong technical understanding of Lending as a business and its associated agenda topics, including lending processes, treasury / funding, bank capital, credit risk, legal framework and credit provisioning

• Proven deep understanding of and exposure to key lending product offered including Real Estate, Lombard, Private Share Financing, Alternatives (PE), including Fund Financing

• Proven track record in dealing with senior leaders across key stakeholder functions with a view to problem solving

• Proven track record in driving transformation of both operational and analytical processes

• Strong leadership, communication, project management and problem-solving skills, with ability to balance collaboration and push-back as appropriate

• A proactive doer, strategic thinker, capable of fostering a high-performance culture.

• Bachelor's degree in any relevant professional qualifications

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.