Rates Bcu

**Rates BCU**:
**Job ID**:R0358790**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-11-08**Location**:Mumbai**Position Overview**:
**Job Title**:Rates Business Control Unit**

**Corporate Title: Associate**

**Location: Mumbai, India**

**Role Description**

Divisional Risk and Control is responsible for non-financial risk and control management for the relevant operating Division or Infrastructure function or Dedicated Central Control Unit for the bank.

**Work includes**:

- Defining the risk management framework
- Developing process and procedures to report on, manage, and mitigate risks to acceptable levels
- Maintaining operational control and discipline across the organizational unit
- Ensuring that business is conducted in accordance with applicable laws, regulations and in adherence to the bank's internal policies
- Providing thought-leadership around business specific risk taxonomies, assessment methodologies, process and control implementation
- Developing, tailoring and testing the control infrastructure for the business
- Communicating regulatory development and implications to the business
- Executing certain risk-related processes and draft first like risk procedures (e.g. product reviews, issue capture, regulatory change management, vendor management etc.)
- Managing Risk and Compliance data and information for both first and second lines
- Coordinating execution of risk and control self-assessment (RCSA) process
- Driving messaging and information from second line to first line (e.g., policies, procedures, training)
- Providing a consolidated view of non-financial risks
- Developing sustainable performance culture, whilst assuring strategy alignment among various organizational levels

**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 role is an extension of the onshore Global Rates Business Management & Control team. The Control function is an important role in monitoring, managing and mitigating FIC Non-Financial Risk.
- Support Rates Business Selection Forum from pre-meeting, meeting and post-meeting through assistance with production, review, enrichment and analytics tasks.
- Trader Mandates
- Assist with maintaining trader mandates for businesses within Rates, review trader mandate breaches and exception reports.
- Manage all aspects of Front Office Operational risk including operational and financial integrity issues, Self-Identified Issues, Audit Findings, Compliance testing findings, etc.
- Liaison with Desk heads and DCO on various level BAU 1 controls, support a variety of controls which ensure the business is managed on a run-the-bank basis.
- Provide analytical support to the BCU team and senior management decision making.
- Assist with other governance forums like global Non-Financial Risk Meeting, UK Senior Management Function meetings, 1LOD Surveillance meeting, and a number of others.

**Your skills and experience**
- MBA in Finance from a premier institution or a CA with relevant experience.
- 4-7 years work experience in banking domain working on regulatory projects/ operational risk management/ audit of controls and/ or associated processes, etc.
- Strong interpersonal and excellent verbal and written communication skills. Experience in conducting and driving meetings with senior stakeholders.
- Strong computer skills, particularly in dealing with high volume of data, management of databases and Excel. Advanced exposure to Word and Powerpoint is must
- Strong analytical skills and ability to formulate clearly and present information in a compelling manner
- Confident to question the status quo business practice / existing control framework
- Knowledge of Trade Lifecycle of FIC Products (front to back) would be an added advantage

**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:
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.