Risk and Control Specialist

Role Description

• The team is part of the Team Business Risk & Controls (BRC). The PB BRC guards the Protect agenda by overseeing non-financial risks, conduct & control topics and regulatory changes.
• The team works across global PB franchise delivering complex key risk and control agenda, adding value for the Business to reduce complexity and enhance controls. The team works with cross-functional and global teams, collaborating with multiple stakeholders globally across the bank.

About Deutsche Bank:

• Deutsche Bank is the leading German bank with strong European roots and a global network. Were driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients real economic needs in commercial banking, investment banking, private banking and asset management.
• We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.

About the business division

• Private Bank combines Deutsche Banks private clients business in Germany and its international business with private and commercial clients together with Wealth Management in a single division.
• In both the domestic German market and worldwide the Private Bank provides high-quality advice to ~20 million clients and a broad range of financial services in many countries ranging from day-to-day banking services right through to advisory services for sophisticated Private Banking and Wealth Management clients. In Italy, Spain, Belgium, and India the Private Bank offers its services to corporate clients as well as small and medium-sized enterprises.
• The Private Bank is a strong pillar of the Group: a modern bank that boasts capital markets and financing expertise, a strong global network, and modern digital services.

Your key responsibilities

This role is part of PB Controls Team, within Private Banks Business Risk and Controls (BRC) Global functions. This position is based out of Mumbai.

The individual would be required to support Private Banks efforts towards a strong controls culture by actively supporting and owning various framework driven requirements.

Role specifically requires the individual to work closely with PB business stakeholders, and BRC colleagues, to centrally support the requirements from the NFR Controls Framework including:

• Control Advisory: Review and challenge any new proposed key controls, support Control assessments and other NFR framework driven requirements.
• Control Change Process: Providing support to Control change proposals as necessitated by existing findings, any identified control GAPs, changes in PB Business landscape, cross divisional reviews etc.
• Controls Inventory: Gatekeep Private Banks Key controls inventory to ensure completeness, accuracy and traceability of control instance records for Private Bank.
• Control Assurance: Contribute to Private Banks Annual Control Assurance Planning process; and the execution of Annual Control Assurance plan. This includes Independently leading Control Operating Effectiveness and/or Design Effectiveness testing requirements, as part of the Annual Assurance deliverables.
• Support Other deliverables as part of Banks Control framework requirement incl. Control Assessments, Annual certifications, Establishing Findings to Key Control Linkages accurately, MCS Gaps and Issues to effectively support with data points for downstream processes
• Contribute to divisional/ Global projects and CTB activities, from Controls perspective
• Develop understanding of other Non-Financial risk frameworks and related processes
• Contribute to the development and build know-how within the team
• Developing effective partnerships with Cross divisional DCOs, Business stakeholders/colleagues & Infrastructure partners

Your skills and experience

Education & Experience:

• Strong understanding of Non-Financial Risk and Control design principles
• Extensive experience with Control Records, Controls Testing, Assurance or Business Control Unit
• Strong work ethic, commitment to excel and capacity to work effectively with limited supervision
• Structured and detail-oriented with strong analytical and problem-solving skills
• Must be an effective communicator (written and spoken), with ability to influence senior stakeholders
• University degree

Personal Characteristics:

• Delivery-focused, able to support deliverables to deadlines
• Eagerness to learn and adapt to new situations and processes
• Ability to learn quickly and think laterally
• Strong Team Player skills as well as demonstrated capability to own tasks
• Driven and able to handle day-to-day routine as well as cope with shifting priorities to meet needs and demands