Americas Commodities Middle Office - Vice President at Deutsche Bank | NY, United States | Rezi

Americas Commodities Middle Office - Vice President at Deutsche Bank

Americas Commodities Middle Office - Vice President

Deutsche Bank · NY, United States

4 weeks ago

Americas Commodities Middle Office - Vice President

Deutsche Bank · NY, United States

a month ago
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About the Role

You will be a senior member of the Americas Commodities Middle Office team, supporting the Investment Bank's Global Commodities Trading activities from our New York office. This role covers both daily operations and transformation initiatives, focusing on enhancing controls, improving efficiency, and driving strategic change for the Commodities platform.

Responsibilities

  • Provide quality, first-line support to the Commodities trading division efficiently and cost-effectively, maintaining a robust control and risk management framework.
  • Oversee and manage the complete trade lifecycle for complex commodity transactions, from trade capture and validation through to settlement, ensuring accuracy and timeliness.
  • Implement and monitor rigorous controls around physical commodity settlements, including inventory management, logistics, scheduling, and handling of physical assets and related documentation.
  • Manage key operational metrics in line with agreed targets and risk tolerances, focusing on cost, control, and regulatory adherence.
  • Ensure regulatory compliance from a US and regional perspective, understanding rules governed by bodies such as the CFTC, FERC, and exchanges like CME/NYMEX.
  • Partner with Technology, Business, and Finance teams to drive strategic and tactical transformation programs aimed at enhancing processing efficiency, automation, and control.
  • Provide people leadership, including talent development, mentoring junior staff, and managing team needs.
  • Manage performance systemically by setting qualitative and quantitative goals, promoting individual accountability, and removing impediments to success.

Requirements

  • Broad and deep knowledge of commodity products (physical and financial), market practices, and client requirements in the Americas.
  • Extensive prior Middle Office Operations experience in Commodities is required.
  • Proven expertise in physical commodity settlements and the associated control framework across energy (oil, gas, power) and/or metals is essential.
  • Deep knowledge of Middle Office roles and responsibilities, controls, and processes, including trade lifecycle management, P&L validation, and intersystem reconciliations.
  • A proven track record of delivering operational excellence and driving collaboration across multi-product and functional teams in the context of varied local regulations and technologies.
  • Extensive experience with global investment bank exposure and a history of leading complex, multi-year strategies impacting product, process, and technology.
  • Exceptional leadership skills with a proven ability to manage stakeholder relationships across Front Office, Technology, Finance, and other operational teams.

Skills

  • Commodity products (physical and financial)
  • Market practices
  • Client requirements
  • Middle Office Operations
  • Physical commodity settlements
  • Control framework
  • Energy (oil, gas, power)
  • Metals
  • Trade lifecycle management
  • P&L validation
  • Intersystem reconciliations
  • Operational excellence
  • Collaboration
  • Global investment bank exposure
  • Leadership skills
  • Stakeholder relationship management

Location

  • New York, NY

Work Type

  • Hybrid

Experience Level

  • Vice President
  • Senior member

Salary/Compensations

  • $107,500 to $182,500

Benefits

  • A diverse and inclusive environment that embraces change, innovation, and collaboration
  • Generous vacation, personal and volunteer days
  • Employee Resource Groups support
  • Competitive compensation packages
  • Health and wellbeing benefits
  • Retirement savings plans
  • Parental leave
  • Family building benefits
  • Educational resources
  • Matching gift and volunteer programs
  • Access to physical, emotional, and financial wellness benefits

About the Company

  • Operations provides critical support for all of Deutsche Bank's Investment Bank businesses by enabling the seamless delivery of transactions and processes to our global client base, managing trade lifecycle events and related controls across Investment Bank platforms, and supporting global trading desks in established financial centers such as New York, London, and Frankfurt.
  • As a dynamic and diverse division, our objective is to ensure all services are executed in a timely, professional manner, risk is minimized, the client experience is positive, and our people have excellent career development opportunities to foster skills and talent.
  • 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)

Equal Opportunity

  • Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
  • 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.