Foreign Exchange Prime Brokerage Product Specialist
Job Title Foreign Exchange Prime Brokerage Product Specialist
Corporate Title Vice President
The FX Prime Brokerage product team has overall responsibility for the operation and development of the FX Prime Brokerage (FXPB) platform, including revenue generation, cost & risk management, product development and client relationship management. It sits within the wider Global Foreign Exchange (GFX) business.
You will be working 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.
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.
We understand that employee expectations and preferences are changing. We have implemented a 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.
You can expect:
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
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 business. Ongoing enhancements to ensure regulatory compliance of the FX Prime Brokerage platform
In conjunction with internal risk management groups, oversee the overall risk profile of the European FXPB business. As well as business review and sign-off for commercial points within the legal documentation (International Swaps and Derivatives Association/ Credit Support Annex, FX Prime Brokerage agreement)
Financial Resource Management – ongoing revenue of the revenue and return metrics to ensure clients are priced sustainably. Ongoing initiatives in order to minimise costs and Operational Risk Management – Provide oversight to the operations team to minimise operational risk
Product Development – Drive the implementation of new enhancements to the FX Prime Brokerage platform and review Business Requirements Documents to ensure the proposed implementation meet the expectations of the business and its clients
Your skills and experience
Product expertise and a strong understanding of the FX Prime Brokerage industry
Client facing experience, including dealing with major European hedge funds and have a good understanding of the FX business and markets
The skills to solve complex business problems as well a team player with strong interpersonal skills, leadership skills and multi-cultural understanding
Able to multi-task different projects and prioritise against tight deadlines
An excellent verbal and written communicator paired with strong presentation skills
Willing and able to travel occasionally
How we’ll support you
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
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 (for example. screen readers, assistive hearing devices, adapted keyboards)
Deutsche Bank in the UK is proud to have been named a Times Top 50 Employer for Gender Equality for three 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.
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.