Divisional Risk and Control

Divisional Risk and Control, AVP

Job Title: Divisional Risk and Control, AVP

Location: Pune, India

Corporate Title: AVP

Role Description

Embedded Risk Team (PB SSO) is a dynamic and global team responsible for supporting the operational risk activities across wider operations teams within Private Bank division spread across geographies. The role involves:

• Perform risk monitoring and independent risk assessments
• Drive and deliver risk and control related initiatives
• Point of advisory on risk and control matters to Operations units
• Support and contribute to Quality Assurance

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

• Manage the Risks and Control Self-Assessment (RCSA) process for Operations, challenge the appropriateness and completeness of the risk repositories, review control inventories, analyse loss events and operational incidents to support assessments
• Risk Advisory and Support Operations teams in the ongoing risk topics related activities such as but not limited to Payments, Security Settlements, Cash/securities reconciliation, Regulatory Reporting, etc
• Enhance the risk management level through planned deep dives in specific topics for risk identification, framework adherence and suggest risk enhancements, raise Self-Identified Issues (SIIs) and track closures.
• Creation of key controls to mitigate identified risks in collaboration with relevant stakeholders
• Design / drive risk initiatives to enhance control environment and promote operational excellence
• Oversight and creation of Management Information (MI) reporting of Findings closure tracking, certifications of controls / regulatory reporting inventories /reconciliation systems, break investigation and reporting etc. Provide tailored-made reporting for Senior Management when required
• Engage in risk discussions with 1LoD / 2Lod, Internal / External Auditors / Regulators and facilitate in completion of audits to ensure effective communication and efficient information exchange
• Oversee the Key Risk Indicators (KRI) process and ensure risk impact are analysed, assessed, escalated and mitigated accordingly
• Prepare materials for training and case study sessions on Operations / Risk topics to boost risk awareness, quality standards and ensure uniform appreciation of existing risks and controls among the Operations teams; Conduct such training when required
• Assist in the development and implementation of a strong Quality Assurance (QA) function within the team; Perform assigned QA tasks and contribute to the overall success of QA

Your skills and experience

• Minimum 5 years of experience in Operational Risk & Control role with a financial institution
• Knowledge and experience in Operations - KYC, Security Settlements, Payments, Risk, Audit and Compliance would be advantageous
• Strong analytical skills required to critically evaluate information for key risk assessments
• Has a keen attention to details, able to multitask and enjoys problem solving through deep dives
• Ability to work independently and prioritize the deliverables under tight deadlines
• Is comfortable with negotiating; possesses an ability to seek buy-ins from key stakeholders
• Is able to thrive in a challenging and a constantly changing environment
• Is Dynamic - with a strong character and excellent interpersonal skills

Education/Certification

• Bachelor / Master's degree in finance or business
• Any professional qualification is a plus (e.g., ACCA, CIA, CA, etc.)

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.

We welcome applications from all people and promote a positive, fair and inclusive work environment.