Nbo - Associate - Mumbai Risk Center

**NBO - Associate - Mumbai Risk Center**:
**Job ID**:R0378252

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

**Regular/Temporary**:Regular

**Listed**:2025-04-11

**Location**:Mumbai

**Position Overview**:
**Job Title**:NBO - Associate - Mumbai Risk Center**

**Location: Mumbai, India**

**Role Description**
- The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture.
- Non-Financial Risk Management (NFRM) is a department within the Risk Division. As a Second Line of Defence function, NFRM is responsible for oversight across all aspects of non-financial risk (NFR), including risk identification and assessment, control framework, risk appetite and scenario analysis. The role will sit within the newly formed New Business Office, whose core mandate is to govern the risk identification, analysis, management, and approval relating to new business, new products, initiatives, and major change projects.

**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**

As an integral part of developing a “best in class” function, which will be a fundamental component of the NFRM function, the key responsibilities for the role include
- Provide support for the framework in process design and implementation, ensuring alignment with its intended purpose and desired outcomes.
- Manage interactions and relationships with 2LoD and other key stakeholders.
- Oversee portfolio of existing initiatives and pipeline to enable status tracking, thematic risk reporting and risk management.
- Assist in the preparation of governance materials to drive decisions.
- Ensure that outcomes of assessments are effectively integrated into NFRM framework by consulting with NFRM colleagues across regions.
- Ensure that the risks involving the divisional initiatives are thoroughly identified, enabling a comprehensive overview of the overall risk profile of the initiatives.
- Coordinate response for ad-hoc NFR requests from senior management / regulators.
- Work on audit/regulatory observations as required.

**Your skills and experience**
- 5 - 7 years’ experience in financial services with a strong risk control mindset.
- Experience in performing a control function position at a global financial institution with a strong understanding of framework design, implementation and maintenance
- Experience working with Senior Stakeholders within a high-pressure dynamic environment.
- Ability to proactively work across a diverse group of stakeholders within a complex organization and to quickly develop strong working relationships with a broad range of functions
- Strong oral and written skills - should be able to distil topics into understandable summaries with clear conclusions and explanations of rationale
- Proficient in Microsoft Applications i.e. Excel, PowerPoint, Word etc.
- Ability to demonstrate flexibility in handling multiple tasks, showing excellent organizational skills and the ability to prioritize workflow
- Change management experience or involvement within substantial change initiatives.
- Ability to analyse data to draw conclusions and provide concise commentary suitable for a senior audience.
- Experience with audit related queries or regulatory requirements is beneficial
- Creativity and openness for new topics, changes, and new ways of working

**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.