Business Title Country Chief Operating Officer

**Governance**: Establishes and maintains a documented proper governance framework on country level to enable Country Management (CCOs and Country COOs) to balance the different interests of DB Group's matrix organization (business divisions/ infrastructure functions ("Units"), legal entities and branches, and countries). Exercises his/ her veto on matters that run counter country/ local interests, including internal/ external rules and regulations, with focus on the coordination of country/local infrastructure heads and country/local COOs of Units in order to identify and resolve governance, control and operational challenges. Challenges Local Entities (legal entities and branches) and Units in the country to ensure that they have an effective control environment in place and they adhere with internal/external rules and regulations. Serves as a country/local escalation point for the COOs of Units and infrastructure heads escalating, via the Regional CEO, ultimately to the Management Board of DB AG. Provides leadership and takes ultimate decisions during a crisis as Crisis Manager in line with Crisis Management Standards. Is involved in major outsourcing decisions with the right to suspend any actions or change the terms thereof. Interacts with main local stakeholders (especially regulators), supporting the CCO and is generally the most senior interface to workers' councils (if applicable), associations and unions in the country. Works with Local Entities and Units to define MI to enable Regional CEO/ COO and Country Management to challenge DB Group's operations in the country effectively (at minimum as laid out in Country Management Involvement Model), escalates if required MI is not made available. **Strategy and Client Servicing**: Promotes DB Group's brand in the country. Ensures proper sign - off of new products (via NPA process), new transaction (via NTA process) and the establishment and liquidation of Legal Entities (via LEAP process) for matters concerning country nexus as delegated by CCO. Challenges the implementation of unit-level/global strategies and initiatives as well as ensuring consistency with internal and external requirements guarding adherence to (local) laws and regulations, as delegated by the CCO. Supports local Corporate Social Responsibility (CSR) activities in coordination with regional and/ or central CSR. People and Performance Management. Is involved DB Group's Appointment & Release process for Local Management positions. Involved in hiring and release decisions for country/local heads of infrastructure line functions and country/local COOs of Units, where applicable and in line with regulatory requirements. Provides input to the CCO for the total performance process for country/local Heads of infrastructure line functions and country/local COOs of Units, where applicable and in line with regulatory requirements. Other Responsibilities. Fulfils all obligations towards supervisory authorities and accredited investigators, including any due notifications and any requirements on submission of information. Complies and endorses compliance with DB Group's internal rules in general, challenges Local Entities in the country to ensure that they have an effective control environment in place and that they adhere to applicable legal and regulatory requirements as well as Policies and Procedures within the country. Acts as escalation channel, being accountable for dispute resolution and for overseeing disciplinary processes. Establishes and maintains a proper business organization and supervision within the area of responsibility along the core organizational requirements as laid out in DB Group's Internal Governance Principles, and in particular also taking account of applicable segregation requirements and avoiding/ addressing conflicts of interest. Ensures that effective and adequate control mechanisms are in place towards the identification, assessment and management of risks. Represents the country towards internal/ external stakeholders; maintains and fosters internal and external key (business) relationships. Ensures regular involvement and information flow on the resolution of significant internal and external regulatory audit findings within the country. Drives collaboration and trust-based relationships across Units within the country. Supports and contributes to divisional, cross-divisional and global initiatives. Tasks assigned by the CCO / APAC COO. Responsibilities in the matrix. Ensures proper information flow to all dimensions of the matrix (Unit, country and entity), notifies in a timely manner the appropriate representative(s) of these dimensions on (intended) actions or decisions which may have a material impact on their operations. Ensures involvement of Units, at a minimum, on the matters set forth in the Country Management Involvement Model as per DB Group's Internal Governance Principles. Leadership Responsibilities. Sets clear direction for the team in line with