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Senior Vendor Risk Management Specialist

Deutsche Bank

Pune

Not disclosed

Work from Office

Full Time

Min. 5 years

Job Details

Job Description

Senior Vendor Risk Management Specialist CB TAS, VP

Job Description:

Job Title: Senior Vendor Risk Management Specialist CB TAS, VP

Location: Pune, India

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. Our global network provides financial services in over 60 countries, offering unparalleled opportunities for growth and innovation. We are committed to fostering an inclusive culture that values diversity and empowers our people to deliver excellence.

Role Description

The Senior Vendor Risk Management Specialist in Trust and Agency Services will lead the assessment, mitigation, and monitoring of risks associated with third-party vendors engagements across TAS Technology. This role ensures compliance with regulatory requirements, internal policies, and industry best practices while supporting strategic sourcing and vendor governance.

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

Risk Assessment & Due Diligence

Conduct comprehensive risk assessments for new and existing vendors using Deutsche Bank’s Third Party Risk Management (TPRM) framework.
Evaluate vendor risk profiles, including cybersecurity, data privacy, and operational resilience.
Ensure compliance with global regulatory frameworks (e.g., BaFin MaRisk, ECB outsourcing guidelines, FFIEC, MAS).

Governance & Compliance

Implement governance monitoring for each vendor relationships in line with Deutsche Bank’s TPRM Policy.
Act as primary contact for audits, regulatory reviews, and internal assurance activities related to vendor risk.

Lifecycle Management

Oversee end-to-end vendor risk processes, including onboarding, contract reviews, performance monitoring, and offboarding.
Support post-deal activities such as risk reviews and change requests.

Stakeholder Engagement

Collaborate with Service Owners, Divisional Vendor Management Offices (DVMO), Global Procurement, and Control Functions.
Prepare and present risk analysis, dashboards, and KPI reports to senior management.

Continuous Improvement

Awareness and familiarity with changes to the vendor risk management policies to align with emerging threats and regulatory changes.
Drive automation and data analytics initiatives for risk reporting and performance tracking.

Your skills and experience

Education:
Degree in Risk Management, Business Administration, or related field preferred.

Experience:

5–8 years in vendor risk management, third-party risk, or operational risk within financial services.
Experience with risk management systems and tools (preferably dbTPRM).

Technical & Regulatory Knowledge:

Strong understanding of global outsourcing regulations and risk frameworks.
Familiarity with cybersecurity, data privacy, and business continuity standards.

Core Competencies:

Analytical and problem-solving skills with attention to detail.
Excellent communication and stakeholder management abilities.
Proficiency in Microsoft Office Suite; experience with BI tools (e.g., Tableau) is a plus.

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.