Divisional Risk and Control Specialist

Divisional Risk and Control Specialist, VP

Job Description:

Job Title: Divisional Risk and Control Specialist, VP

Location: Mumbai, India

Role Description

• The Divisional Control Office(DCO) is a 1st Line of Defence (1st LoD) function. Its primary objective is to support the front office in executing Non-Financial Risk framework for its business line.

  The primary responsibility of the Risk Analyst within the DCO would be to support the Risk and Control Assessment (RCA) process. The RCA is a key component of the Bank’s Non-Financial Risk (NFR) Framework to enable the effective profiling, monitoring, and management of Divisional NFR. The responsibilities would also include control testing, incident research, remediation and other ad hoc control initiatives and projects. Working closely with teams in and out of the division to understand risks impacting the group on a dynamic basis.

  The DCO team is principally responsible for:

• Identification and mitigation of non-financial risks (regulatory, conduct and systemic)

• Supporting the operations of an efficient supervisory and conduct framework.

• Ensuring the governance of a division’s audit portfolio

• Driving “Change the Bank” initiatives to support the control framework.

• In addition to working closely with the functional heads, the group’s reach and interaction is broad, including engagement with the Divisional Control Officer (DCO) colleagues and those functions forming the 2nd and 3rd LoD, for example Compliance, Anti Financial Crime (AFC), Non-Financial Risk Management (NFRM), Legal, Group Audit and others. This role will be to support the Global DCO function in various capacities.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy

• Gender neutral parental leaves

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

• Sponsorship for Industry relevant certifications and education

• Employee Assistance Program for you and your family members

• Comprehensive Hospitalization Insurance for you and your dependents

• Accident and Term life Insurance

• Complementary Health screening for 35 yrs. and above

Your key responsibilities

The individual would be working with the DCO and will be primarily responsible for managing & facilitating the IB OR Governance along with -

• Creation and delivery of the IB OR MOC governance materials and senior management reporting to support decision making

• Responsible for operational risk management for IB to ensure that business is conducted in accordance with the applicable laws, regulations and in adherence to internal policies

• This role will support and participate in project management of ongoing remediations or enhancements to controls and frameworks and includes coordination with business, infrastructure, 1LOD and 2LOD partners

• Full ownership of Level 1 Front Office controls. Driving regular execution and timely escalation including managing the end-to-end lifecycle of these controls, from initial implementation to monitoring and governance.

• Provide support for audit reviews and compliance testing

• Monitor the risk remediation/implementation on key issues

• Provide analytical support to the DCO team and senior management for decision making

• Manage ad-hoc tasks as and when required

Your skills and experience

• Post Graduate with relevant experience

• Work experience in banking domain working on regulatory projects/ operational risk management.

• Strong interpersonal and excellent verbal and written communication skills. Experience in conducting and driving meetings with senior stakeholders.

• Strong analytical and project management skills with ability to articulate clearly and present information in a compelling manner

• Able to work as part of a global team

• Strong computer skills, particularly in dealing with high volume of data, management of databases and Excel. Advanced exposure to Word and PowerPoint is must

• Confident to question the status quo business practice / existing control framework

How we’ll support you

• Training and development to help you excel in your career

• 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

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

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.

Experience Level

Executive Level