Risk Specialist - Controls Gatekeeper, AS

Job Description

(In Scope of Position based Promotions (INTERNAL only)

Job Title Risk Specialist - Controls Gatekeeper

Location Mumbai, India

Corporate Title Associate

Role Description

The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the bank s Non-Financial Risk (NFR) 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 experience, seniority, and tools to assess complex risks and intervene where they lie outside the bank s 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 2nd Line of Defense (LoD) 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 organization with business/region and functional specialist axes.

The role a business aligned NFR manager has within NFRM is to work with a specific business area and manage NFR according to the 3 LoD model and the NFR mandate. Specifically, they perform independent oversight of the implementation of the Group's NFRM Framework within the Business Divisions and Infrastructure Functions and independently assess material risks and/or key controls (as required), providing challenge, approval, or veto as appropriate.

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

This role in the NFR Mumbai Risk Centre s Controls Gatekeeper team will be expected to effectively perform 2nd LoD responsibilities to include the independent advice, facilitation, and monitoring and assessment activities on a risk-basis for the underlying business units.

• Monitor bank s controls environment identify areas of enhanced Risk Management based on read across of underlying information (e. g. Controls, loss themes, metrics, Findings/SIIs and other contextual information).
• Review requests for amendments to Control Inventory and ensure they re in alignment with Operational Risk Controls Procedure Framework.
• Collaborate with key 1st LoD stakeholders through periodic touchpoints to ensure effective and demonstrable challenge to Divisional Control Officers is made where required.
• Contribute to Projects/Working Groups relating of NFR Framework or identified NFR risk issues.
• Monitor key metrics through internal reports and systems and flag issues and breaches; collaborate with 1st LoD stakeholders as the issues and breaches evolve and help provide a link to the wider NFR landscape.
• Assist in the preparation of decision-making material (such as reports, dashboards, etc. ) for the effective 2nd Line of Defense monitoring and challenge of operational risk management.
• Assess key risks and controls e. g. review lessons learned, deep dives, scenario analysis/emerging risk discussions.

Your skills and experience

• A robust understanding of Non-Financial Risk Management principles and practices with minimum 5-8 years experience in Operational Risk Management
• Candidates with qualification of Chartered Accountant (CA), Master of Business Administration (MBA), Certification on Risk Management will be preferred.
• Strong Controls framework background with 2nd LOD and Audit experience in key controls identification, Assurance and Challenge.
• Business Analyst and Financial Controller with relevant exposure to various Automation tools like VBA Macros, Alteryx, QlikView and SQL etc.
• Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 LoD model.
• Advanced user of MS Excel / Access database/VBA Macros/VBA Form Design with experience of data aggregation and manipulation to produce meaningful MI.
• Worked with Senior Stakeholders within a high-pressure dynamic environment.
• Ability to demonstrate effective challenge to divisions with regards to risk identification and risk mitigation; identifying material themes and being able to influence business areas to focus on those areas.

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.