Group Chief Operating Officer

**Group Chief Operating Officer (Country COO) - India**:
**Job ID**:R0371537

**Full/Part-Time**:Full-time

**Regular/Temporary**:Regular

**Listed**:2025-02-06

**Location**:Mumbai

**Position Overview**:
**Job Title**Group Chief Operating Officer (Country COO) - India

**Location**Mumbai

**Corporate Title**Managing Director

**Job Description Summary**

*Regulated Role: In-scope for Position Description* (This is a Local Management role, not a divisional role with country scope). The Country Chief Operating Officer, ("Country COO") manages Deutsche Bank Group’s (“DB Group”) matrix organisation operations in the country, as delegated by the Chief Country Officer (“CCO”), with a focus on ensuring the business divisions and infrastructure functions in the country maintain an effective control environment. The Country COO supports the CCO in ensuring that the (i) Corporate Governance policies and governance standards are adhered to, (ii) local input in global/ regional processes is provided, and (iii) cross-divisional country business, infrastructure and strategic plans are delivered. The Country COO works with regional / global initiative sponsors to ensure initiatives meet country requirements; works with business/infrastructure COOs to improve business and infrastructure operations across the country and escalates matters if the operational, system & control-related issues cannot be resolved adequately within the country via the CCO and Regional CEO, ultimately to the Management Board of Deutsche Bank AG (“DB AG”). The Country COO maintains key relationships with appropriate regulators and government bodies.

**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 child care 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**

**Governance**:

- Establishes and maintains a documented proper governance framework on country level to enable Country Management (CCOs and Country COOs) to balance the different interests of DB Group’s matrix organization (business divisions/ infrastructure functions (“Units”), legal entities and branches, and countries)
- Exercises his/ her veto on matters that run counter country/ local interests, including internal/ external rules and regulations, with focus on the coordination of country/local infrastructure heads and country/local COOs of Units in order to identify and resolve governance, control and operational challenges.
- Challenges Local Entities (legal entities and branches) and Units in the country to ensure that they have an effective control environment in place and they adhere with internal/external rules and regulations.
- Serves as a country/local escalation point for the COOs of Units and infrastructure heads escalating, via the Regional CEO, ultimately to the Management Board of DB AG
- Provides leadership and takes ultimate decisions during a crisis as Crisis Manager in line with Crisis Management Standards
- Is involved in major outsourcing decisions with the right to suspend any actions or change the terms thereof.
- Interacts with main local stakeholders (especially regulators), supporting the CCO to manage audits, inspections and oversee execution of new regulations.
- Works with Local Entities and Units to define MI to enable Regional CEO/ COO and Country Management to challenge DB Group's operations in the country effectively (at minimum as laid out in Country Management Involvement Model), escalates if required MI is not made available.

**Strategy and Client Servicing**:

- Promotes DB Group’s brand in the country.
- Ensures proper sign
- off of new products (via NPA process), new transaction (via NTA process) and the establishment and liquidation of Legal Entities (via LEAP process) for matters concerning country nexus as delegated by CCO.
- Challenges the implementation of unit-level/global strategies and initiatives as well as ensuring consistency with internal and external requirements guarding adherence to (local) laws and regulations, as delegated by the CCO.
- Supports local Corporate Social Responsibility (CSR) activities in coordination with regional and/ or central CSR.

**People and Performance Management**
- Is involved DB Group’s Appointment & Release process for Local Management positions.
- Involved in hiring and release decisions for country/local heads of infrastructure line functions and country/local COOs of Units, where applicable and in line with regulatory requirements
- Provides input to the CCO for the total performance process for country/local Heads of infra