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

About the Role

Deutsche Bank AG is seeking a Head of Trust & Securities Services for its Corporate Bank division. This full-time role, ranging from Vice President to Director level, involves leading the Trust and Securities Services (TSS) franchise in Saudi Arabia. The successful candidate will be accountable for the P&L, client strategy, regulatory engagement, and overall delivery of the local business plan, ensuring alignment with regional and global objectives.

Trust and Securities Services Overview

Deutsche Bank's Trust and Securities Services (TSS) division, a part of the Corporate Banking unit, delivers a comprehensive range of post-trade services to a global client base including institutional investors, financial institutions, and corporations. As one of the largest sub-custodians, Deutsche Bank provides access to over 30 markets through its proprietary network and approximately 60 markets via third-party sub-custodians and Financial Market Infrastructures. The bank's 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 daily 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.
• Act as the local point of contact with regulators and authorities on custody and post-trade matters, ensuring adherence to internal policies and external regulatory standards.
• Maintain relationships with market participants, including the Exchange, regulators, brokers, and local infrastructure, and manage the brokerage community regarding exchange connectivity from trading and custody perspectives.
• Collaborate with TSS Product to develop and enhance the custody and service offering in line with local market requirements and regional/global strategy.
• Serve 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 the 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 requirements.
• Support growth through sales enablement, including participation in pitches, forums/seminars, client due diligence, and preparation of RFI/RFP responses.

Key Stakeholders

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

Qualifications and Experience

• A minimum of 10 years of relevant experience in Trust and Securities Services or a related field.
• Demonstrated experience in P&L management and driving business objectives.
• Proven leadership skills with experience managing teams and executing strategic initiatives.
• Strong understanding of regulatory and market engagement within the financial services industry.
• Expertise in post-trade settlement, exchange rules, regulatory requirements, and local post-trade technology platforms.

Work Type

This is a full-time position within Deutsche Bank AG.