Deutsche Bank Management Consulting
Deutsche Bank Management Consulting (DBMC) is the internal consulting organization for Deutsche Bank Group. We partner with senior leadership across the bank to answer its most strategic and crucial questions. In doing so, our consultants get to work on some of the most impactful client engagements while gaining unprecedented access to the bank’s senior leadership. Most of our consultants go on to take leadership roles within the Bank and continue their journey setting (and delivering) the strategic direction as leaders of Deutsche Bank.
We are a diverse, global team of over 70 consultants from various nationalities, and are based out of 4 countries. Our consultants come from diverse backgrounds and have varied interests, bringing a wealth of skills and capabilities from a variety of industries, be it consulting, financial services, government, pharmaceutical, consumer goods, to name a few. We bring out the best in each other when we come together to collaborate as cross-geographic teams to bring the best outcomes for the bank and our clients.
We invest in our consultants. Beyond client engagements, our consultants participate in mentorship programs and trainings based on their career-level and specialized topics of interest. We also like to have fun! Our teams participate in team get-togethers, lunches, and community service events.
Scroll below to learn about our work, our team, and about the benefits of joining DBMC!
DBMC consultants play a significant role in driving the bank’s transformation agenda. We work with senior leadership to design and operationalize the bank’s strategic goals. We work on a wide variety of topics. Some of the more recent topics include:
- Digital Transformation
- Target Operating Model Development
- Cost Optimization and Process Efficiency
- Revenue and Growth Strategies
- Conceptual Product Strategy
- Strategic M&A and Post-Merger Integration
We come together usually as a small team of three to four consultants and our engagements typically last anywhere between six weeks and six months.
Here’s a sample of some of our recent client engagements:
DBMC worked on two engagements to support the development of Deutsche Bank’s global ESG strategy, as well as a regional ESG strategy. In both engagements, we worked alongside the Chief Sustainability Office and with senior stakeholders senior stakeholders from the bank’s business and infrastructure divisions. We also helped design the target organization and governance model to assist with operationalization and implementation of the strategy.
DBMC worked with a third-party partner to launch a joint venture for the Corporate Bank, allowing Deutsche Bank to further penetrate the payments space. DBMC helped to shape the business strategy and developed a target operating model and financial plan for the new business.
DBMC was asked by Management Board to help develop a strategic plan in collaboration with the DE&I function to operationalize Deutsche Bank’s gender diversity goal of 35 percent women Vice Presidents (VPs) and above across the bank by 2025. We worked closely with the DE&I team and members of the Board to define and articulate a strategic plan, build a business case for Board approval, and establish a program for implementation.
DBMC worked with the Private Bank (PB) to enhance Deutsche Bank 's offering of digital retail products following the acquisition of Postbank. DBMC conducted an E2E client journey process analysis and competitor benchmarking to identify opportunities or/and synergies for both brands. DBMC then derived measures and implementation roadmap to tactically increase digital sales revenues and optimise omnichannel experience.
DBMC consultants are based out of four offices – New York, London, Frankfurt, and Mumbai. We come together to collaborate on cross-divisional engagements. Our consultants have solid and varied academic and professional backgrounds. We have had engineers, nuclear physicists, historians, economists, accountants, management consultants, auditors to name a few.
Scroll below to meet some of our consultants from each office!
Marvin, Analyst – Frankfurt
“I was especially driven to work as an internal consultant since it gave me the opportunity to work on some of the most pressing transformation projects within the bank.”
Click here to learn about Marvin
Matthias, Engagement Manager – New York
"What stood out the most and convinced me to join DBMC was the fact that I genuinely felt that the team was interested in me as a person and the contributions I could make, rather than seeing me as a well-educated, fungible resource.”
Click here to learn more about Matthias
Zonna, Engagement Manager - London
“Working at DBMC was a perfect fit, as it allowed me to continue my passion for delivering strategic and impactful projects to clients, in addition to providing me the opportunity to deepen my finance industry knowledge at a world-class bank.”
Click here to learn more about Zonna
Shweta, Director – Mumbai
“I was impressed by DBMC’s culture of collaboration and by the variety of project opportunities aligned to the bank’s strategic transformation.”
Click here to learn more about Shweta
If what you’ve read so far intrigues you, consider joining us! We’re always looking for great future colleagues to work with across all career levels and locations. Click here to learn more about the benefits of working at DBMC and our application process.