Risk and Control Specialist

Job Description

Job Title Business Risk and Control Specialist, AVP

Location Mumbai, India

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. We re 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 Bank s private client s 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.

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

The individual would be required to support Private Bank s 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 Bank s Key controls inventory to ensure completeness, accuracy and traceability of control instance records for Private Bank.
• Control Assurance Contribute to Private Bank s 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 Bank s 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

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.