Control Testing

In Scope of Position based Promotions INTERNAL only Job Title Control Testing Assurance Testing SpecialistCorporate Title Assistant Vice PresidentLocation Mumbai IndiaRole DescriptionDeutsche Bank AG the Bank has established the Controls Testing Assurance department CT A as an independent function reporting to the Chief Administrative Officer CAO The Compliance Testing CT team within CT A is responsible for providing assurance testing on the design and operating effectiveness of the businesses control environment and adherence to applicable regulations and the Banks policies CT develops and executes an annual risk-based testing plan that covers the risk categories owned by Compliance across all businesses in the region The role involves Compliance Testing Reviewer for DB AG Mumba Branch reporting to Compliance Testing team lead in Mumbai The key relevant businesses are International Private Bank IPB Retail banking and Wealth Management business Investment Bank IB Fixed Income and Currencies Origination and Advisory Research Corporate Bank CB Cash Management Trade Finance Lending and Security Services What we offer youAs part of our flexible scheme here are just some of the benefits that you will enjoy Best in class leave policy Gender neutral parental leaves 100 reimbursement under childcare assistance benefit gender neutral Flexible working arrangements 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 Support development of a plan for the location of coverage based on the Controls Testing Assurance planning methodology This will also involve collaboration with various Compliance stakeholders to ensure the implementation of adequate and effective testing program that meet local regulatory requirements Execute testing program for controls including branch visits across India Perform control testing based on requirements prescribed by RBI including annual review of Risk Based Supervision RBS Tranche III Ensure that all issues raised in CT have adequate remediation plans that are tracked and escalated promptly and appropriately Develop relationships with the relevant Business Management offices Divisional Control teams and Infrastructure functions Sharing best practice and learnings with CT colleagues locally regionally globally Assisting in the development and maintenance of appropriate Management Information to inform Senior Management of pertinent matters in line with global Deutsche Bank Compliance CT standards and Assisting in any ad-hoc projects and tasks as necessary Your Skills and Experience CA MBA or other professional qualifications CFA or FRM or partial qualification would be an advantage Minimum of 8 to 10 years experience in compliance internal audit control testing within a Financial Institution Good experience of interpretation of RBI guidelines and applying them for control testing Good combination of performing risk-based reviews along with mandatory RBI regulatory reviews Prior experience of working with banking franchise in India along with Big 4 firms Good understanding of banking business in India regulatory framework and various product offerings Proven investigative and analytical mindset skills enquiry analysis interviewing testing well versed with technology and applications that can be utilized for assurance testing Good drafting skills including the ability to record and describe complex issues clearly and succinctly in a way that are easily understandable by any recipient of the relevant reports Strong attention to detail and ability to identify changes and impact of any changes to documents systems and processes in the context of compliance risks remediation required etc The drive discipline and enthusiasm to work independently under pressure Ability to quickly understand complex issues and set a course of action that others are prepared to follow to meet specific goals Strong verbal written and presentation skills Proactive seek to find the right solution and options to issues within and outside their specific remit without being prompted and within an appropriate matrix management framework Assertive and engaging and able to quickly build and maintain effective working relationships Strong collaborative team player receptive to exchange of ideas and constructive criticism Multi-cultural awareness and sensitivity Proficient in the use of Microsoft Outlook Excel i e organizing data sets Word and PowerPoint How well 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 teamsPlease visit our company website for further information We strive for a 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