Management Consulting Engagement Manager

Overview

Engagement Manager (Vice President) in Deutsche Bank Management Consulting (DBMC), the bank's in-house global consulting team, leading strategic and transformation engagements with senior leaders across business and infrastructure functions.

What you'll do

• Lead and deliver end-to-end project modules across business and infrastructure functions, applying structured problem-solving methodologies.
• Lead and develop project teams by setting clear expectations, managing performance, allocating responsibilities, and providing regular coaching and constructive feedback.
• Take ownership for the conceptual planning and implementation of strategic projects.
• Formulate feasible tactical and strategic recommendations aligned with Deutsche Bank's strategic priorities, governance standards, and regulatory context.
• Drive hypothesis-led, advanced analytics to generate robust insights and translate findings into clear, decision-oriented messages for senior audiences.
• Together with AI experts, lead structured problem solving across strategic and transformation topics including opportunity sizing, operating model design and process improvement.
• Translate business problems into AI use cases, including problem definition, target outcomes, user needs, business process redesign implications, feasibility considerations and prototyping.
• Act as the primary day-to-day client contact for assigned project modules, independently leading client meetings, workshops, and working sessions.
• Develop structures and frameworks to aid robust analysis and development of solutions that deliver positive, sustainable outcomes.
• Prepare high-quality, insight-driven materials for senior management, translating complex analysis into clear, compelling recommendations.
• Act as subject matter expert for the project topic and integrate this knowledge into project delivery and client discussions.
• Own and contribute to project knowledge resources to enable knowledge reuse, consistency, and capability building within DBMC.
• Supervise, coach, and quality-assure the work of junior and senior consultants and ensure timely delivery of their outputs.
• Own and drive strategic internal initiatives alongside client projects, in close collaboration with consulting teams across London, Frankfurt and Mumbai.
• Flexibility to work across global time zones (European hours), as required for project needs and stakeholder interactions.
• Act in line with the bank's values and culture, contributing to an inclusive, collaborative, high-performance team environment.
• Ensure awareness of and adherence to relevant bank policies, practices, governance, and control requirements, proactively flagging delivery, risk, or stakeholder concerns.

What you'll need

• Master's degree, mandatory, in any discipline, with excellent academic performance.
• Minimum 10 years of relevant consulting and financial services experience (post-MBA) across consulting, financial services, AI transformation or technology-enabled business delivery, ideally in financial services, focusing on strategy and transformation.
• Proven experience leading complex, cross-functional strategy and transformation engagements end-to-end, from problem definition and workplan development through recommendation, stakeholder alignment and implementation.
• Proven experience leading and managing diverse teams and motivating team members to deliver complex project outcomes successfully.
• Strong senior stakeholder management and executive advisory skills, with the ability to build credibility, challenge constructively and shape decisions with senior leaders.
• Demonstrated ability to navigate ambiguity, independently structure complex business problems, develop hypotheses, evaluate strategic options and translate analysis into actionable recommendations.
• Strong commercial and business judgement, with experience developing and challenging business cases and assessing financial and non-financial impact.
• Ability to develop compelling executive-level narratives and decision materials and communicate effectively with senior and Board-level audiences.
• Strong understanding of the financial services industry, including banking business models, operating models, key value drivers and the risk, regulatory and technology environment.
• Track record of translating strategy into execution, including designing target operating models, process improvements, governance structures, implementation roadmaps and measurable outcomes.
• Ability to identify, anticipate and proactively manage project risks, dependencies and stakeholder challenges, escalating appropriately while maintaining accountability for delivery.
• Experience working effectively across functions, geographies and cultures, adapting to different stakeholder groups in complex organisational environments.
• Proven ability to leverage AI tools to enhance productivity and optimise workflows, applying critical judgment to ensure responsible and ethical use of data and AI outputs.
• Clear, confident communicator in English, able to explain and interpret complex information to support stakeholder alignment and decision-making.
• Commitment to continuous learning and development.
• Proven experience coaching and developing junior professionals.

Nice to have

• Conceptual and practical understanding of Generative AI, workflow automation or agentic workflows.
• German language skills.
• Relevant internships, certifications, and entrepreneurial activities.

Details

• Location: Mumbai, India (Nirlon Knowledge Park).
• Rotation into new project teams every 3-6 months across business divisions (Corporate & Investment Bank, DWS, Private Bank) and infrastructure functions (e.g., Risk, Finance).
• Working hours include European hours as required by project needs and stakeholder interactions.
• Software engineering experience is not required.