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Job Description:
Job Title Head of Diligence, Transaction Management and Non-Financial Risk - Whole Loans Trading Corporate Title Director Location New York, NY Overview You will be responsible for leading and overseeing the Diligence, Transaction Management and Non-Financial Risk (NFR) team in New York for the Whole Loans Trading business within Deutsche Bank's Investment Bank - Fixed Income & Currencies (FIC) division. FIC comprises Trading, Financing and Sales / Coverage units. FIC Americas Trading includes business units such as Global Rates, Global Foreign Exchange, Global Emerging Markets and Credit Trading. Financing includes business units such as Commercial Real Estate (CRE), Asset Backed Securities (ABS) and Private Credit & Infrastructure (PCI). The Whole Loans Diligence, Transaction Management and NFR team will be responsible for all aspects of diligence, transaction management and non-financial risk for the Whole Loans Trading business. What We Offer You:
We offer competitive health and wellness benefits, empowering you to value life in and out of the office Retirement Savings Plans, Parental Leave, and other family-friendly programs On-site cafeteria, health center, and communal meeting areas Active engagement with the local community through Deutsche Bank's specialized employee groups
Your Key Responsibilities:
Develop, implement and oversee the Whole Loans Trading Diligence program, including:
Partner with the desk on Transaction Management lifecycle processes, including:
Pre-bid and post-bid diligence Agreement drafting and negotiations Transaction agreement reviews Settlement management and post-settlement processes Day-to-day servicer oversight, particularly on loss mitigation issues Securitization eligibility analysis Management of collateral curative programs Develop, implement and oversee the Whole Loans Trading Non-Financial Risk program, covering loan acquisition, warehouse risk and securitization activity, with responsibility for governance, controls and execution across consumer and securities compliance as well as legal and reputational risk, including but not limited to:
Consumer and asset-level (including FRB Regulation Z, Fair Housing Act); Securitization and capital markets (including SEC Rule 10b-5 Antifraud, pool construction governance and Reps & Warrants framework considerations); and Legal, reputational and franchise risk management Partner with Chief Operating Officer (COO) and the desk on key governance forums, including the Whole Loans Trading Oversight Forum (WLTOF) and ABS New Issue Approval Committee (NIAC) Partner with the desk and COO to develop, manage and improve the Whole Loans Trading technology and infrastructure front-to-back stack on an ongoing basis, including:
Drive Whole Loans Trading change-the-bank program to completion in preparation for Day 1 trading Support other aspects of the day-to-day activities for the Whole Loans Trading business Drive and support transformation, remediation and change management activities across business growth initiatives as well as financial risk / non-financial risk domains Prepare and deliver presentations covering risk profile and operating metrics Identify process improvement opportunities; drive and support process improvement initiatives Utilize analytical tools and soft skills to problem solve and influence across the full spectrum of business challenges Participate in governance fora as a representative of the Business Partner with Business Control Unit, Divisional Control Office and second line / infrastructure function colleagues to perform risk assessment and monitoring of non-financial risks, as well as manage and remediate the Business's portfolio of findings (including regulatory findings, self-identified issues, Group Audit findings and Compliance findings) Partner with Compliance, Anti-Financial Crime, Legal and other functions to anticipate and respond to regulatory inquiries or requests, including participation in regulator meetings Work closely with Regulators, Group Audit, Compliance Testing, etc. in connection with internal or external exams, testing or other inquiries React under pressure in real-time to manage and help the Business navigate crisis events or other financial / non-financial risk events Continuously monitor and seek to enhance the Business's operational resilience profile through partnership with Regional Management, Technology, Facilities, Third Party Risk Management, Non-Financial Risk Management, Compliance, Facilities and other functions Engage on Know Your Customer and other Client Onboarding matters where needed, in parallel with broader client perimeter growth or reduction initiatives aligned with business strategy; maintain understanding of the Business's client perimeter Partner with Operations on middle and back office process enhancement opportunities; address real-time issues where needed
Your Skills and Experience:
Previous experience in Whole Loans Trading relevant roles either on the buy/sell side, or at an originator or servicer Strong knowledge of Residential Mortgages space, particularly:
Non-Agency mortgage loans Non-Agency mortgage loan underwriting guidelines The operations of independent mortgage banks The functions performed by mortgage loan document custodians, third-party due diligence firms and residential mortgage loan servicers Contract finance (non-disclosure agreements, mortgage loan purchase agreements, trade confirmations and bid stipulations, bills of sale, warehouse lender lien release letters, collateral release letters) Bailee letters, trust receipts, exception reports, inventory reports Due diligence reports (credit, compliance, value, data, title, modification, pay history and collector comments) Mortgage loan schedules Funding memos Repurchase requests, early payment default and premium recapture Servicing transfers, 404 notices, hello / goodbye letters Loss mitigation processes Servicer reporting and remittances Whole loan sales Rated and unrated securitizations Securitization documentation including private placement memorandums, trust agreements, indentures, note purchase agreements ASF data tapes 17G filings Strong project management experience Excellent interpersonal and presentation skills; ability to constructively influence and advise key stakeholders Strong problem solving and critical thinking Ability to lead, as well as collaboratively drive consensus and change Self-starter; ability to work autonomously where needed Ability to work in a dynamic, fast-paced and high-pressure environment Microsoft Excel fluency, a must Strong Microsoft PowerPoint skills, a must Experience with other analytical tools such as Tableau, Alteryx, Python, etc., a plus
How You Will Lead
Coordinate key stakeholders Ability to represent and speak on behalf of the Business Leadership on key business projects and initiatives Training and leading by example for junior team members
Expectations It is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model. Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion. The salary range for this position in New York City is $223,750 to $300,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration. Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click hereto learn more! Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank's California Privacy Notice please emailHR.Direct@DB.com. #LI-HYBRID
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 viewDeutsche Bank's Equal Opportunity Policy Statementand the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act; andEmployee Polygraph Protection Act.
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Deutsche Bank
parental leave
Jan 06, 2026