Loan Operations Manager - Vice President
About The Position
Private Banking (PB) US Operations is part of the Central Europe and US region and provides operational support in the US to the Private Banking business in the areas of Discretionary, Trust Planning, Custody, Wealth Advisory, Brokerage and Lending as well as the Deposit business with combined $70bn assets under management (AUM). Operations is responsible for managing middle and back-office services, including outsourced services to third party vendors and services offshored to internal Deutsche Bank locations. As Lending operations Manager, you will be responsible for leading Lending Middle Office and Back Office Operations in oversight of day-to-day activities of processing of all loan life cycle events for syndicated and bilateral deals as well as partner in strategic initiatives. Lending Document management function, providing support to auditors, support business escalations, building and maintaining relationships with relevant internal and external stakeholders including regulators, auditors, market vendors and internal divisions, support Bank’s strategic initiatives and transformation related projects.
Requirements
- Core Lending Operations Expertise in Commercial Real Estate (CRE), Commercial & Industrial (C&I), SBLC.
- Proven ability to interact confidently with senior leadership, bankers, lenders, and auditors (Internal & External)
- Experience in developing and delivering presentations and reports for executive management
- Strong risk and control mindset including ability to escalate immediately.
- Experience in managing a large lending operations team
- Proficiency in Loan IQ Experience
- Lending Document Management Expertise
- Hands-on experience with reconciliation and life cycle management of loans
- Bachelor’s in business/ accounting/ finance subjects.
- Proficiency in MS Office (Excel, Word, and PowerPoint)
Nice To Haves
- Experience managing a private banking/wealth management loan portfolio
- Understanding of regulatory reporting requirements.
- Accounting hands on experience
- Additional Residential Lending Experience is a plus
- Self-motivated & Self-starter
- Excellent communication skills – written & verbal
- Problem solving skills/ Thinking out of the box
- Open mindset to learning and taking on new challenges
Responsibilities
- Oversee end-to-end processing, servicing, and administration of loan portfolios within the Private Bank.
- Lead, manage and develop the onsite and offshore teams to ensure timely and accurate processing of all loan life cycle events for syndicated and bilateral deals including but not limited to: Booking of new loans and amendments; Loan servicing processes such as loan drawings, rollovers, payments adjustments and account maintenance; Adherence to regulatory requirements, loan policy guidelines and internal controls
- Collaborate with lending team to address discrepancies, streamline processes and support client needs
- Work on New Product Approvals, Regulatory Reporting and Transformation Projects
- Support internal, external auditors with evidencing requests and timely attending to the queries.
- Collaborate closely with the internal team and Business teams to close any open audit findings.
- Provide support for Risk, Compliance and Regulatory asks
- Identify process gaps and help drive process optimization
- Oversee and implement Lending related projects in collaboration with vendors and IT
- Serve as an escalation point and subject matter expert for complex issues and activities.
- Lead conversations with Treasury and Finance colleagues on P/L, and Balance Sheet and resolve queries from Finance and Treasury.
Benefits
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift, and volunteer programs
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Executive
Number of Employees
5,001-10,000 employees
