Embedded Risk Lead, AVP

Job Description Embedded Risk Lead, AVP Position Overview Job Title: Embedded Risk Lead Corporate Title: AVP Location: Bangalore, India Role Description - The Divisional Control Office (DCO) for KYC Ops and Business Financial Crime is responsible for monitoring, managing, and mitigating Operational Risk across the group. This includes supervision of the implemented risk and control strategy providing a consolidated view of operational risks for KYC including reporting of key issues, cyclical activities such as review of finding closures (internal and externally raised), control testing, incident research, remediation monitoring and other deep dive reviews. - This role presents a unique opportunity to have responsibility for global deliverables across the Risk and Control framework for 1LoD Business 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 - Governance - Ensure that an effective, embedded and consistently applied governance structure is in place. This includes governing Key Risk Indicators (KRIs), review and challenge validity of commentary, monitoring by looking for trend anomalies (spikes/dips) or other issues requiring investigation. - Audit Self-Identified Issue (SII) & Incident processes - Compliance to the firm's Audit/SII and incident escalation process. Ensure operational risks are proactively identified and managed end to end through effective implementation of the ORM framework. - Risk Culture - Design and deliver a risk culture improvement programme to promote transparency & awareness of risk. Deliver the controls agenda and monitor risk relative to Operational Risk (OR) appetite. - Work in collaboration with multiple first and second line functions (inc. Regulatory Management Group (RMG), Anti financial Crime (AFC), Operational Risk Management (ORM), Business and 1LOD to ensure that all documentation related to Findings are accurately documented and evidence is fully validated to support closure - Support with the timely and effective remediation of risk and control issues. Also, support Risk Owners to determine Key Controls or Control Gaps for the Unit. Your skills and experience - Substantial and relevant experience in a global banking environment. - Strong preference for candidates with Audit, Controls Testing or 2nd line Assurance experience. - Knowledge of the risk and control frameworks required - AML, Sanctions SME skills are strongly preferred - Strong communication, analytical and interpersonal skills. - Client focused approach and ability to react quickly to changing demands - Ability to work independently, as well as in a team setting - Experience working under pressure and to tight deadlines with the ability to prioritise projects and workload 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 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.