Non-financial Risk Appetite Framework Execution, As

**Non-Financial Risk Appetite Framework Execution, AS**:
**Job ID**:R0382527

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

**Regular/Temporary**:Regular

**Listed**:2025-04-10

**Location**:Mumbai

**Position Overview**:
**In Scope of Position based Promotions (INTERNAL only)**

**Job Title: Non-Financial Risk Appetite Framework Execution**

**Corporate Title: Associate**

**Location: Mumbai, India**

**Role Description**
- This position is within Non-Financial Risk Management (NFRM) - 2nd line of defence (LOD) and a part of the Chief Risk Officer (CRO) function of the Bank. The Non-Financial Risk Management (NFRM) function works across the Bank to ensure that the non-financial risk exposure is adequately managed in-line with the group wide risk appetite and the NFRM framework.
- This role sits within the NFRM Framework, Execution & Transformation Team which is responsible for the design, development and implementation of NFRM framework policies, processes and systems across Deutsche Bank and interacts with multiple stakeholders across the firm (1LOD, 2LOD and 3LOD).
- Risk Appetite defines the level of risk that DB is willing to assume to achieve its strategic objectives. Non-Financial Risk Appetite is a subset and defined via Qualitative and Quantitative measures. The Non-Financial Risk Appetite execution team primarily focuses on the implementation and embedding of the bank’s Non-Financial Risk Appetite framework.
- This role is key to the rolling out and embedding the new Non-Financial Risk Appetite Framework which is a focus of both FED and JST commitments in 2025 and 2026. It focuses on the governance of non-financial risk appetite, including Operating Conditions, Residual Risk Zones and maintaining the metrics inventory. This requires regular engagement with the various stakeholders to update the risk appetite and ensure it is set, recorded, and monitored appropriately. The role is a combination of ad hoc analysis, system testing and monthly RTB updates to ensure the publication of the risk appetite information.

**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 of the Metric Inventory - this includes regular engagement with various stakeholders to update latest changes, performing reviews / read across to identify data issues or inconsistencies, periodic publication, and ongoing query resolution
- Periodic reporting and publication of Risk Appetite breach monitoring dashboards including analysis to call out data gaps, development and maintenance of divisional mailing lists and inventory of past published reports
- Maintenance and publication of Residual Risk Zones inventory (which is a measure of Risk Appetite) - this also includes the associated systems testing to ensure alignment
- Involvement in the system testing (User Acceptance Testing) and raising gaps/observations with escalations where appropriate - to ensure that tooling facilitates execution and is aligned to the framework requirements
- Involvement in pilot testing for tactical and strategic tooling solutions being considered for execution of various risk appetite components
- Creation and maintenance of the Non-Financial Risk Appetite Directory - an inventory of all the risk appetite measures defined as part of the annual setting process as well as any ad-hoc updates
- Updating and maintaining the SharePoint pages and content pertaining to Risk Appetite execution
- Support to team members in case of urgent deliverables/projects or regulatory/auditory reviews
- Support on development of presentations, training/guidance materials
- Stakeholder engagement across the bank including 1LoD, RTCs, technology partners, external consultants, NFRM members
- Support execution efforts through presentations / trainings to internal team members, at NFRA execution calls, at NFRM fora, etc. on Risk Appetite related topics

**Your skills and experience**
- 4+ years of experience in Operational Risk management with working knowledge of framework components (preferably at a financial institution)
- Existing experience / knowledge of Risk Appetite is an added advantage
- Ability to develop and maintain complex Excel driven tools to support reporting, analysis etc. Experience in Excel macros is beneficial
- Experience of working with GRC tools is an added advantage
- Analytical mindset with problem-solving skills and willingness to learn new things
- Strong stakeholder engagement skills and ability to engage across global as well as diverse group of team