Corporate Bank Head of Trust & Securities Services Vice President up to Director

About the Role

Deutsche Bank is seeking a Corporate Bank Head of Trust & Securities Services Vice President up to Director to lead its Trust and Securities Services (TSS) franchise in Riyadh, Saudi Arabia. This full-time role is part of the bank's Corporate Banking unit, which provides post-trade services to a global client base including institutional investors, financial institutions, and corporations. The successful candidate will be accountable for the P&L, client strategy, regulatory engagement, and local business plan delivery, ensuring alignment with regional and global objectives.

Trust and Securities Services Overview

Deutsche Bank's TSS division offers a comprehensive suite of post-trade services. The bank operates as one of the world's largest sub-custodians, providing clients access to over 30 markets through its proprietary network and approximately 60 markets in total via third-party sub-custodians and Financial Market Infrastructures. Local market knowledge spans 13 European markets, 16 APAC and MEA locations, the US, and Brazil.

Key Responsibilities

• Manage the P&L for the local TSS book of accounts and drive the achievement of business objectives.
• Lead the local team to execute strategy and ensure alignment with broader bank and TSS goals.
• Cultivate key client relationships through regular engagement, service reviews, and resolution of queries and escalations.
• Deliver monthly, quarterly, and annual MIS and executive updates, including strategic materials such as market development, business model updates, and thought leadership.
• Serve as the local point of contact for regulators and authorities on custody and post-trade matters, ensuring adherence to internal policies and external regulatory standards.
• Maintain relationships with market participants (Exchange, regulator, brokers, local infrastructure) and manage the brokerage community regarding exchange connectivity.
• Partner with TSS Product to develop and enhance custody and service offerings in line with local market requirements and regional/global strategy.
• Act as a Subject Matter Expert (SME) for post-trade settlement, liaising between global product teams and local market needs, and maintaining knowledge of exchange rules, regulatory requirements, and local post-trade technology platforms.
• Coordinate with Operations/back office to ensure smooth processing, reconciliation, timely settlement, and issue resolution.
• Drive risk management and control environment, including audit readiness, risk assessments, business continuity, and disaster recovery planning, ensuring procedures and Key Operating Procedures are maintained and followed.
• Oversee client onboarding and documentation, including new client adoptions, account opening support, KYC/periodic reviews, and compliance documentation.
• Support growth through sales enablement, including participation in pitches, forums/seminars, client due diligence, and preparation of RFI/RFP responses.

Required Experience and Qualifications

• A minimum of 10 years of relevant experience in Trust and Securities Services or a related field.
• Demonstrated experience in P&L management and business strategy execution.
• Strong understanding of regulatory frameworks and market engagement in the financial sector.
• Proven ability to lead teams and manage key client relationships.
• Expertise in post-trade settlement processes and related technology platforms.

Key Stakeholders

This role involves regular interaction with a diverse group of stakeholders, including Clients, Regulators, Exchange, Brokers, TSS Product, Operations, Compliance, Legal, Finance, COO, and various infrastructure partners.

Work Type and Location

This is a full-time position based in Riyadh, Riyadh, Saudi Arabia.