Business Control Unit – Equity Distribution

Job Title: Business Control Unit – Equity Distribution

Location: London

Corporate Title: Vice President

The Business Control Unit (BCU) is a 1st Line of Defence (1st LoD) function within the front office division, integral to Deutsche Bank’s Three Line of Defence (3LoD) program.

We are seeking a highly experienced and proactive Vice President to join our BCU team, with a specific focus on supporting the Equity Distribution business within Investment Banking & Capital Markets (IBCM). This critical role will involve embedding robust non-financial risk management practices, enhancing control frameworks, and driving a culture of compliance and risk awareness tailored to the complexities of equity distribution activities.

You will possess a deep understanding of equity trading, sales, and capital markets operations, coupled with extensive experience in a control or non-financial risk management function. 

What we’ll offer you

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. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:  

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• 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

• Provide subject matter guidance on compliance with regulations pertinent to Equity Distribution, such as Markets in Financial Instruments Directive II (MiFID
• Oversee the implementation of policies related to records retention, electronic communication systems (ECS) usage, voice recording, and mobile/cell device policies within Equity Distribution  
• Support the New Product Approval (NPA) and New Transaction Approval (NTA) processes, with a focus on Equity Distribution products and instruments  
• Act as a trusted advisor to Equity Distribution business heads, traders, and sales staff on non-financial risk matters, control requirements, and regulatory changes  
• Support the implementation and continuous improvement of control frameworks across Equity
• Escalate potential red flags, misconduct, or policy violations to senior management, Compliance, HR, and Legal as appropriate 

Your skills and experience

• Prior experience as an Equity Trader, Equity Salesperson or other front / middle office role within Equities is preferred 
• Knowledge of Trade Lifecycle of Equities products (front to back) would be a requirement 
• Experience in front office business Risk & controls, Compliance or Audit function within Equites or related Capital Markets business 
• Deep understanding of market conduct, electronic trading, information barriers, regulatory requirements, and trading controls 
• Experience managing regulatory examinations, audits, or control remediation programmes 
• Solid understanding of non-financial risk types (regulatory, conduct, operational, systemic) and their impact on the Equity Distribution business 

How we’ll support you

• Flexible working to assist you balance your personal
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

About us

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 be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on [email protected] to discuss.

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.