Private Bank – Program Transformation Lead (Emerging Markets) – VP

Position Overview

Details of the Division and Team:

Deutsche Bank’s Private Banking business is one of the largest wealth managers worldwide. We offer affluent clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Private Banking.

At Deutsche Bank Wealth Management, we want to fundamentally improve the way our clients perceive our offering. To this end, we must develop outstanding technical solutions and competitive products that enable a unique, end-to-end client experience that’s driven by client demand.

As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations. We create lasting value for clients. We develop bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits. All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate & Investment Bank and Deutsche Asset Management. We combine financial strength and stability with trustworthy partnership and forward-thinking in order to build sustainable and beneficial client relationships.

This person will lead and drive CTB transformation initiatives for Middle East (Dubai and Saudi Arabia). This role is responsible for designing, governing, and delivering programmes to modernize business processes, regulatory compliance, and technology platforms in the region. The candidate will work closely with business leaders, product teams, technology, operations, risk, and external vendor partners to ensure seamless execution of initiatives aligned with strategic objectives for Dubai/KSA and offshore booking centres.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Life Insurance and Accidental Death Insurance

• Permanent Partial Disability Insurance

• Private Medical Insurance for you, your spouse and dependent children

• Flexible working arrangements

• 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement

• DB contributions to DIFC Employee Workplace Savings (DEWS)

Your key responsibilities:

• Build strong relationships with stakeholders across functional teams, including product, risk, operations, compliance, and technology.

• Drive optimisation by identifying areas of opportunity, defining and planning projects to improve performance and regulatory compliance (Regulators like SAMA, CMA, DFSA).

• Oversee organisational change and communication to drive adoption of new processes, platforms, and functionalities.

• Lead testing and implementation activities, including coordinating user acceptance testing and executing user training.

• Establish and execute programme governance frameworks, ensuring regular business sponsor updates and timely reporting of risks and issues to senior leadership.

• Ensure compliance with applicable regulatory frameworks and internal risk policies for Dubai/KSA.

• Coordinate with offshore booking centres (CH, Lux, UK, SG, HK) to align scope, sequencing, and readiness; remove impediments and track benefits.

• Manage local governance (Sponsor connects, Control Functions reviews) and contribute to EM Change Forum/QBR materials.

• Translate business requirements into executable change epics; manage vendor/IT handshakes and ensure quality of functional designs.

• Establish local KPIs and benefits realisation tracking (cost saves, revenue uplift, risk reduction) aligned to PB TOM and dbClarity.

Your skills and experience:

• Minimum 12+ years of experience delivering high-impact projects, ideally in Private Banking/Wealth Management.

• Good understanding of regulations in Dubai and KSA.

• Strong facilitation and stakeholder engagement skills; able to lead project working groups.

• Good to have knowledge of Saudi Arabia’s PTTP (Post Trade Technology Program) phases, Tadawul exchange and its subsidiaries (Muqassa & Edaa), Tanfeeth programme waves, Stelink payments (SARIE), and awareness of KSA and Dubai KYC requirements.

• Product knowledge across Equity, Custody, Structured Products, transaction-related advisory mandates, Deposits, Payments, FX, Lending against equity, and related areas.

• Bachelor, Master, or MBA in a relevant field (e.g., Business Management, Project Management).

• Track record of delivering significant changes to processes, technology, and ways of working that delivered value and increased efficiency. Experience in AI first approach will be added advantage

• Advanced communication skills, including influencing others and managing organisational change.

• High level of attention to detail, hands-on mentality, and proactive attitude.

• Self-motivated and flexible, able to work autonomously and in virtual/matrix/global teams, appreciating different cultures.

• Team player who collaborates and shares information.

• Good knowledge of business analysis methods and tools (Agile, Waterfall, Jira, Confluence, MS Office).

• Strong ability to apply Design Thinking methodologies (User Personas, User Journey, MVPs/Experiments).

• Ability to communicate concisely and precisely on business topics.

• Comfortable working with ambiguity.

How we’ll support you:

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.