Management Consulting Engagement Manager

Job Title - Engagement Manager

Corporate Title – Vice President

Location - Mumbai

Deutsche Bank Management Consulting

You will be joining Deutsche Bank Management Consulting (DBMC), the Bank’s in-house management consulting global team that partners with senior leaders to actively contribute to the bank’s strategic objectives. DBMC connects strategy to execution with measurable outcomes. Our role is to support the bank’s transformation journey, helping to define and operationalize its key priorities. To achieve this, we collaborate with business divisions and infrastructure functions across Deutsche Bank’s global platform.

Our Engagements cover a wide range of topics including strategic growth initiatives, product development, process optimization, risk and regulatory transformation, generative AI adoption, as well as organizational / operating model design. This provides our team with broad exposure to the bank’s key priorities, diverse topics, and the opportunity to work with senior clients.

We are a dynamic and highly motivated team with a global presence, operating from offices in Frankfurt, London, and Mumbai. You will work in a multicultural team, regularly collaborating with international colleagues across different regions.

Our team members are academically and professionally accomplished, with degrees from leading global universities and backgrounds not limited to business/finance. We take pride in being an inclusive and collaborativegroup of professionals who celebrate and support one another

What We Offer You

To support the transformation and growth ambitions of the bank in the best possible way, we are looking for an Engagement Manager to join our team in Mumbai, India

You can expect challenging and varied tasks - from day one. As part of your job, you will rotate into new project teams every 3-6 months and get to know all business divisions (Corporate & Investment Bank, DWS, Private Bank) as well as infrastructure functions (e.g., Risk, Finance) of the bank. You will engage with the bank’s most senior leaders. We regularly work with top executives, gaining a strategic, high-level view of the bank’s priorities.

Your key responsibilities:

• Lead and deliver end-to-end project modules across business and infrastructure functions, applying structured problem-solving methodologies, clearly defining situation, complication, and decision points
• Lead and develop project teams by setting clear expectations, managing team performance, allocating responsibilities effectively, and providing regular coaching and constructive feedback to support individual development and high-quality project delivery
• Take ownership for the conceptual planning and implementation of strategic projects
• Formulate feasible tactical and strategic recommendations, ensuring alignment with Deutsche Bank’s strategic priorities, governance standards, and regulatory context.
• Drive hypothesis led, advanced analytics to generate robust insights and evidence based recommendations and translate findings into clear, decision oriented messages tailored to senior and audiences.
• Together with our 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 Agents in our end-user development environment
• Act as a primary day‑to‑day client contact for assigned project modules; independently lead client meetings, workshops, and working sessions.
• Develop the necessary and appropriate structures and frameworks to aid robust analysis and development of solutions, ultimately to ensure positive outcomes and sustainable results
• Prepare high quality, insight driven materials for senior management, translating complex analysis into clear, compelling recommendations.
• Act as a subject matter expert (SME) for the project topic, demonstrating strong understanding of the 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 the project needs and stakeholder interactions.
• Act in line with the bank’s values & aspirational culture, contributing to an inclusive, collaborative, and 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.

Your skills and experience: 

We are looking for professionals with excellent academic performance across relevant disciplines), in all disciplines (Master's degree mandatory). Professional qualifications are important, but your personality is even more decisive to us.

• Minimum 10 years of relevant Consulting and Financial Services experience (Post MBA) across relevant Consulting, Financial Services, AI transformation or technology-enabled business deliv-ery (ideally in financial services) focusing on strategy, transformation & demonstrating prob-lem‑solving, structured thinking, and delivery ownership
• 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 with the ability to motivate 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 across business and infrastructure functions.
• Demonstrated ability to navigate ambiguity and independently structure complex business problems, develop hypotheses, evaluate strategic options and translate analysis into pragmatic, actionable recommendations.
• Strong commercial and business judgement, with experience developing and challenging business cases, assessing financial and non-financial impact, and evaluating trade-offs to inform management decisions.
• Ability to develop compelling executive-level narratives and decision materials, synthesising complex analysis into clear recommendations and communicating 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 broader 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, with the adaptability to engage different stakeholder groups and operate in complex organisational environments
• Conceptual and practical understanding of Generative AI, workflow automation or agentic workflows is beneficial. Software engineering experience is not required
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs
• Clear, confident communicator in English, capable of explaining and interpreting complex         information to support stakeholder alignment and decision‑making; German language skills are an advantage.
• Commitment to continuous learning and development, Proven experience in coaching and           developing junior professionals
• Relevant internships, certifications, and entrepreneurial activities are also a plus

How we’ll support you

·       Training programs tailored to your experience level from day one to help you excel in your career

·       Coaching and support from experts in the DBMC team

·       Support through a personal buddy system tailored to experience level

·       Access to diverse role models across regions for guidance (We have a strong network of 100+ alumni across the bank)

·       Flexibility around key moments in the day and respect for personal priorities

·       Strong feedback culture supporting open, 360-degree professional development

• A mix of formal and informal social events, including sports activities and CSR/volunteering opportunities

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

o   Best in class leave policy

o   Gender neutral parental leaves

o   100% reimbursement under childcare assistance benefit (gender neutral)

o   Comprehensive Hospitalization Insurance for you and your dependents

o   Accident and Term life Insurance

o   Complementary Health screening for 35 yrs. and above

Are you interested in joining us? We are looking forward to getting to know you!

Please submit your application online in English (including CV, cover letter and all academic and professional references).

About us and our teams

Please visit our company website for further information: https://www.db.com/company/company.htm

For more information on DBMC, please visit our team website for further information: DBMC – Deutsche Bank Careers

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.