Third Party Risk Management Risk Specialist, AVP

 

About The Role :: 

Job Title:Third Party Risk Management Risk Specialist

Corporate Title:AVP

Location:Mumbai, India

Role Description

The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the banks Non-Financial Risk exposure is adequately managed in-line with the group wide risk appetite and NFRM framework. To achieve this the NFRM function requires:

Risk Managers with the experience, seniority and tools to assess complex risks and intervene where they lie outside the banks risk appetite.

A comprehensive, integrated, simple and easy to use NFR Framework with supporting technology that assists risk identification, assessment and remediation.

Strong understanding of the businesses combined with regular engagement which would allow NFRM to provide support, review and challenge in line with the 3 Lines of Defense Model.

Close coordination with all Second Line Risk Type Controllers to facilitate the production of a holistic view of NFR.

Proper consideration of emerging risks, rather than just current issues.

Effective governance combined with supporting MI that facilitates decision-making.

NFRM is a matrix organisation with business / region and functional specialist axes.

The role sits in the Third Party Risk Management Risk Type Controller team and is part of a central support function for the global teams located in London and New York. The AVP is mainly responsible to build out and mature a new Third Party Assurance framework and responsible to lead annual scenario exercise, support the scoping of the Third Party portfolio carrying the highest risk for the firm, and additionally implement a program of quarterly 2LOD independent review and challenge that gets high visibility. As this is a new framework, critical thinking and finding innovative solutions to problems at hand is key for this role.

As part of the central utility supporting the global teams, there is an opportunity to support senior management governance oversight fora and general change management activity in the Third Party Risk Type Controller space.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that youll 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

Main responsibility is maturing of the new Third Party Assurance framework by closely working with the new Central Function in Group Procurement, risk assessors, and other Risk Type Controllers

Other main focus of this role is developing and executing 2LOD independent control assurance (dip sampling)

Supporting the annual scenario setting for Third Party Assurance and support scoping of the portfolio

Supporting metric development and monitoring

Contributing to change management activity within Third Party Risk Management tooling and other technology developments

Assist with policy updates and preparation of material for Third Party governance bodies

Maintain knowledge of industry trends and standards, risk management practices, legal and regulatory changes

Promote the Risk culture and visibility of NFRM via training and participation in NFR governance forums

Keep abreast of changes in relevant NFR frameworks, tools, laws etc. and understand their implications for Third Party Risk Management

Contribute to projects / regulatory exams / task forces / working groups relating to Third Party Risk Management.

Your skills and experience

Qualification requirement of Bachelor of Business Administration or higher (Master / MBA) Certification on Risk Management, Third Party Risk Management, Internal or External Audit or equivalent

5-8 years experience in a similar role within financial services or consulting

A robust understanding of Operational Risk / Non-Financial Risk Management principles and practices

Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 Lines of Defense model

Worked with Senior Stakeholders within a high-pressure dynamic environment

Appreciation of the global regulatory environment broadly the regulator perspectives on non-financial risk and Third-Party Risk Management.

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.htm

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.