About this role
Job Description:
Job title: Transaction Lead, Transaction Advisory
Location: London
Corporate title: Vice President
You will operate in the Transaction Advisory function (a part of Transactions Policy and Advisory Group -TPAG) which is ultimately responsible for the due diligence that is undertaken on large and/or complex new transaction approvals (NTA and Non NTA), relevant new product approvals (NPA) and strategic acquisitions/ disposals, in a consistent manner across the Bank. These are some of the most interesting and high-profile transactions that the Bank executes. Transaction Advisory is responsible for the approval/documentation of the above transactions on behalf of Finance.
Transaction Advisory expertise is often sought from various Deal Teams early in the R&D phase to ensure all relevant angles are considered, and key issues are intercepted and remedied early in the process.
The group also acts as a face-off to Structuring, and liaises with all relevant specialist Finance functions, providing an element of challenge where applicable.
In your day to day role supporting the Transaction Manager’s approval, you will closely liaise with Accounting Policy, Regulatory Policy, Business Finance, Reg Reporting, Market Risk, and other departments as appropriate.
What we'll offer you:
We are committed to providing an environment with your development and wellbeing at its centre because we believe that 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.
You can expect:
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model (https://www.db.com/who-we-are/our-culture/hr-report/future-of-work/hybrid-working-model) that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
- A 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:
- Work within a team reviewing complex structured transactions and other new business. In most instances this would mean performing most the technical Accounting and Regulatory analysis and seeking support from subject matter experts where required.
- Support the Transaction Manager in their sign-off of new transaction approvals, legal entity approvals and other structured transactions.
- Coordinate all aspects related to Finance’s approval of the transactions under review including accounting and regulatory treatment, booking/control, business case challenge (ensuring we optimise our scarce resources), Risk Weighted Assets (RWA), regulatory leverage, liquidity, understanding cost income ratio etc).
- Review ROE Hurdles calculations and coordinate escalations where required.
- Play a key role to ensure that all aspects of our governance framework are adhered to and appropriately monitored/reported.
- Support initiatives, and take on responsibilities across the wider TPAG team, particularly in Accounting Policy or Regulatory Policy.
- Contribute to aspects of our continuous improvement programme and process-driven change.
Your skills and experience:
- Experience within Investment Bank or Financial Services, with exposure to complex financial products and transactions in a highly regulated environment.
- Deep technical expertise in either IFRS/accounting or CRR prudential regulation (ideally both), with a willingness to develop knowledge across the other discipline. An accounting or regulatory policy background or connection is extremely helpful.
- Good product knowledge across Fixed Income, Derivatives and/or Equities, ideally with exposure to structured or complex transactions involving multiple product types.
- Ability to analyse transactions and assess their accounting, regulatory and financial implications, translating technical requirements into a commercial context.
- Ability to manage multiple priorities, work to deadlines and make clear, well-reasoned judgements.
- Demonstrable experience presenting complex information to senior stakeholders; including the ability to develop high-quality management presentations and reports
- Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
How we'll support you:
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
About us and our teams:
Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.
Deutsche Bank in the UK is proud to have been named a The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Silver Award from Stonewall for two years running and named in their Top 100 Employers for 2023 for our work supporting LGBTQ+ inclusion.
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.