Head of Trust & Securities Services Vice President up to Director

About the Role

Deutsche Bank AG is seeking a Head of Trust & Securities Services, at Vice President up to Director level, to lead its Trust and Securities Services (TSS) franchise in Riyadh, Saudi Arabia. This full-time role involves overseeing the local business, ensuring strong governance, operational excellence, and risk management, while driving growth through product development and sales support. The TSS division provides post-trade services to institutional investors, financial institutions, and corporations globally, with a proprietary network spanning over 30 markets.

Key Responsibilities

• Manage the P&L for the local TSS book of accounts and achieve business objectives.
• Lead the local team to execute strategy, aligning with broader bank and TSS goals.
• Cultivate key client relationships through regular engagement, service reviews, and issue resolution.
• Provide monthly, quarterly, and annual MIS and executive updates, including strategic materials.
• Act 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 such as the Exchange, regulators, brokers, and local infrastructure, managing brokerage community engagement for exchange connectivity.
• Collaborate with TSS Product to develop and enhance custody and service offerings in line with local market requirements and regional/global strategy.
• Serve as a Subject Matter Expert (SME) for post-trade settlement, bridging 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 initiatives, including audit readiness, risk assessments, business continuity, and disaster recovery planning.
• Oversee client onboarding and documentation processes, including new client adoptions, account opening support, KYC/periodic reviews, and compliance documentation.
• Support growth through sales enablement activities such as participation in pitches, forums/seminars, client due diligence, and RFI/RFP responses.

Key Stakeholders

This role involves regular interaction with clients, regulators, the Exchange, brokers, TSS Product, Operations, Compliance, Legal, Finance, COO, and various infrastructure partners.

Qualifications and Experience

• A minimum of 15 years of experience in a relevant field.
• Demonstrated experience in managing P&L and driving business objectives.
• Strong understanding of custody, clearing, and related Trust and Securities Services offerings.
• Experience in regulatory engagement and market participation within financial services.
• Proficiency in risk management, control environments, and operational excellence.

Support and Development

Deutsche Bank offers a supportive environment that includes flexible working arrangements to help balance personal priorities, coaching and support from experienced team members, and a culture focused on continuous learning for career progression. Employees also have access to a range of flexible benefits and training and development opportunities.