Trust & Securities Services - Head of California - Managing Director

Job Description: Job Title: Trust & Securities Services - Head of California Corporate Title: Managing Director Location: Santa Ana, CA Overview The Trust and Securities Services (TSS) Santa Ana Head is responsible for the short- and long-term financial success, controls, and budget planning of the TSS businesses in Santa Ana as well as the financial success of the Americas TSS business. He/ she will contribute to the strategy for the business in the Americas and will drive the implementation of respective strategic plans, while ensuring that these are aligned to the global TSS strategy in accordance with relevant regulations and laws. The TSS Santa Ana Head will steer key business activities and ensures full alignment to DB's risk management framework and all relevant global regulatory and compliance requirements. Furthermore, the position holder also maintains key internal and external business and client relationships for TSS. 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 Strategy: Contributing to TSS strategy and ensuring implementation of corresponding strategic plans within budget constraints; supporting group-wide strategic projects from a CB TSS perspective Performance management: Ownership of the TSS financial plan for businesses under management: revenues, costs, resources (people, balance sheet, etc.), and technology investment; identify and drive initiatives to enhance performance and business scalability; active cost management and risk & capital discipline Operations Management & Control: Actively oversees internal and external audit & compliance issues and customer complaints for TSS and drives required remediations; meets TSS financial targets / P&L, including active cost management as well as risk and capital discipline; works with all internal partners including Operations, AFC, Compliance, Risk, HR, Technology, etc., to deliver TAS business targets and manage business risks Client Management: Oversees client on-boarding, client relationship and perimeter management and product governance; develops and maintains key client and business relationships Risk management & governance: Participates in defining the risk appetite for TSS and aligns with 2nd LoD stakeholders; ensure risks are assessed and managed in accordance with DB’s risk management frameworks; actively oversees internal and external audit/compliance issues and drives risk remediation, as well as customer complaints for TSS in the Santa Ana office How You’ll Lead People Management: Manages human resources including talent management, career development and compensation of TSS staff in the region Risk management & governance: Ownership of financial and non-financial risk in TSS; successfully manages all fiduciary responsibilities and fiduciary risks for the TSS regionally Collaboration: Actively drives cross selling with other business units in Deutsche Bank Skills You’ll Need Prior and extensive knowledge and experience of Corporate Trust, Fund Administration and Custody & Clearing Proven track record of delivery, technical know-how and effective stakeholder management Highly motivated to deliver Skills That Will Help You Excel Client facing and able to provide detailed presentations to large and small audiences Able to communicate at all levels of an organization An inspirational leader and agile thinker, able to listen to guide and support the product management team in creating solutions Expectations It is the Bank’s expectation that employees hired into this role will work in the Santa Ana, CA 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 California is $325,000 to $400,000. 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. 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. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security. More information at: Deutsche Bank Careers (db.com)