Foreign Exchange Prime Brokerage – Product Specialist - Vice President

Job Description:

Job Title Foreign Exchange Prime Brokerage – Product Specialist

Corporate Title Vice President

Location New York, NY

Overview

The Foreign Exchange (FX) Prime Brokerage product team has overall responsibility for the operation and development of the FX Prime Brokerage platform, including revenue generation, cost & risk management, product development and client relationship management.

What We Offer You

A diverse and inclusive environment that embraces change, innovation, and collaboration

A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

Educational resources, matching gift and volunteer programs

What You’ll Do

Work in partnership with the sales team, to define the product offering for all prospective clients – providing product expertise throughout the pitching and client onboarding process. Set commercial terms for new client mandates, ensuring that new opportunities meet revenue and return hurdles. Ongoing relationship management for the existing client base. Senior point of escalation within the FX Prime Brokerage (FXPB) business

In conjunction with internal risk management groups, oversee the overall risk profile of the FXPB business Americas. Business review and sign-off for commercial points within the legal documentation (International Swaps and Derivates Association, Inc./ Credit Support Annex, FX Prime Brokerage agreement)

Financial Resource Management – ongoing review of the revenue and return metrics to ensure clients are priced sustainably. Ongoing initiatives in order to minimize costs

Operational Risk Management – Provide oversight to the operations team to minimize operational risk

Product Development – Drive the implementation of new enhancements to the FX Prime Brokerage platform to ensure regulatory compliance

Review Business Requirements Documents to ensure the proposed implementation meets the expectations of the Business and its clients

Skills You’ll Need

Extensive experience in product expertise and a strong understanding of the FX Prime Brokerage industry

Client facing experience, including dealing with major US hedge funds

Good understanding of the FX business and FX markets more generally

The skills to solve complex business problems

Knowledge of Listed Derivatives, cOTC and the general prime landscape and products

Proven ability to leverage AI tools to enhance productivity, optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs

Skills That Will Help You Excel

A team player with strong interpersonal skills, leadership skills and multi-cultural understanding

Able to multi-task different projects and prioritize against tight deadlines

An excellent verbal and written communicator paired with strong presentation skills

Willing and able to travel occasionally

Limited ability to work from home

Expectations

It is the Bank’s expectation that 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.

The salary range for this position in New York City is $170,000 - $210,000 . Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

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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.

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. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; and Employee Polygraph Protection Act .