Business Risk

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 The 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 The position specifically manages: Actively drive the Risk and Control Assessment (RCA) process to ensure that the risk profile for Central Europe and United States (CEUS) remains accurate and up-to-date. Analyze monthly Contextual Data (including findings, internal and external loss data, metrics, and remediation progress) to determine if updates are required to the risk profile. Proactively assess whether new identified risks or issue necessitate an update to the risk profile and ensure the RCA profile in dynamically updated as required. Create and maintain a RCA Summary Report and RCAWorkshop Materials that includes key themes and risk drivers, new and emerging risks, and remediation planning Actively use data and scenario/risk divers to assess and inform a view of the risk profile. Proactively assess whether new identified risks or issue necessitate an update to the risk profile and ensure the RCA profile in dynamically updated as required Create and maintain a RCA Summary Report and RCA Workshop Materials that includes key themes and risk drivers, new and emerging risks, and remediation planning Actively use data and scenario/risk divers to assess and inform a view of the risk profile Coordinate a quarterly RCA workshop with Business, Risk Type Controllers and Non-Financial Risk Management (NFRM) to review and challenge RCA Results and Summary Report Ensure NFRM, Compliance, Anti-Financial Crime, and Legal are regularly involved throughout the RCA process, with formal engagement in the quarterly RCA workshop session Create new findings based on new control gaps or remediation requirements determined in the RCA process Coordinate regular Scenario discussions with the Business and Risk Type Controllers and ensure that new or emerging risks are reflected in the RCA for the business. Perform Read across of findings or issues identified in other Regions to assess if the CEUS Region may have similar gaps. Evaluate Scenario Analysis observations and, if warranted, record any findings in the Global Findings Management System Support Non-Financial Controls, Governance and related processes Contribute to the development and build know-how within the team Developing effective partnerships with DCO, COO colleagues & Infrastructure partners Your skills and experience Education & Experience: Strong knowledge of non-financial risks and controls Proven experience of working with risk and controls assessment processes Relevant experience in the Retail Banking / Private Banking sector or experience in financial services or consultancy (with Private Banking experience preferred but not essential) Experience working on small to medium scale projects within global environment. University degree Competencies: Very strong analytical skills (quantitative and qualitative) Proficiency with Microsoft Office programs; e.g. Excel , Word and PowerPoint Ability to work in crunch situations Strong work ethic, commitment to excel and proven capacity to work effectively with limited supervision Strong communication (written and verbal) and relationship skills Ability to clearly articulate and present supported topics Excellent command of the English language (written and spoken skills) Personal Characteristics: Proactive attitude and self-initiative Strong Team Player skills as well as demonstrated capability to own tasks Eagerness to learn and adapt to new situations and processes Service oriented Delivery-focused, able to support deliverables to deadlines Flexibility with respect to new tasks and the ability to work properly in stressful situations Ability to learn quickly and think laterally 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