Risk & Control Assessment (RCA) Associate Vice President

DCO – Risk & Control Assessment (RCA) – AVP

Job Title: DCO – Risk & Control Assessment (RCA) – AVP

Location: Mumbai, India

Role Description

Divisional Control Office (DCO) team ensures that the division operates with high levels of integrity. It is responsible for supporting the business by developing, implementing and maintaining a risk culture to ensure a strong and sustainable business control environment whilst minimizing risk arising from non-financial risk factors. DCO strategy includes improving the risk management information and strengthening the governance and risk culture.

The Corporate Bank (CB) DCO has functional responsibility for providing a central point of oversight over the CB Risk & Control Assessments (RCA).

This includes supporting the business by driving Risk & Control Assessment specifically focusing on Information Security (IS) / Information Technology (IT) risks in line with NFRM guidelines. RCA is a key component of the bank's non-financial risk management toolkit, to enable the effective profiling, monitoring and management of operational risks.

What we will 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)
• 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

• Collaborate with businesses and support them in conducting Risk & Control Assessments as per NFRM guidelines specifically focusing on Information Security (IS) / Information Technology (IT) risks
• Analyze contextual data and relevant data triggers and determine or update risk profile, inherent risk, control environment and residual risk ratings along with supporting rationale, liaising with Risk Types SMEs in their business
• Participate in 1LoD-led RCA meetings for business to drive the risk discussions, focusing on key or emerging risks that may impact the business
• Coordinate with businesses/2LoD and assist in 2LoD challenges
• Prepare RCA reports and obtain business sign-offs
• Document risk mitigation decisions, if required, with consideration of risk appetite
• Deliver high quality Global Governance decks and reporting trends to support senior management

Your Skills & Qualifications:

• CISA/CRISC or relevant security qualifications with experience of Risk & Controls and/or Internal Audit in banking industry covering Information Security (IS) / Information Technology (IT) risks
• Experience in SOX/ ISO27001 control framework
• Knowledge related to risk management (including conducting Risk & Control Assessments) and corporate banking products, processes and systems preferred, specifically focusing on Information Security (IS) / Information Technology (IT) risks
• Ability to assess impact of control environment on inherent risk along with documentation of qualitative assessment
• Strong quantitative and analytical skills required to critically evaluate information for key risk assessments
• Familiarity with DB organization a plus, but not mandatory
• Strong project management skills and a proactive team partner
• Influencing, negotiation skills and stakeholder management expertise
• Strong verbal and written communication skills
• Proficiency with automating tasks in Excel to improve efficiency a plus, but not mandatory

How we'll support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team in Germany & Pune
• 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.