IB Divisional Control Office – Assurance

Job Title: IB Divisional Control Office – Assurance / CD, VP

Location: Mumbai, India

Role Description

• You will be joining the Control Assurance and Risk Identification Team in the Investment Bank's Divisional Controls Office (DCO). DCO is responsible for the global control environment across IB and is closely aligned with the business, providing central oversight for Front Office (FO) control framework activities, including design, implementation, ongoing assurance/validation of key FO owned controls.
• The purpose of the Team is to provide the Investment Bank (IB) with assurance that the Non- Financial Risk control framework is effective. The Team is responsible for testing the design and operating effectiveness of IB Front Office (FO) owned key controls and executing detection tests to stress test the operating effectiveness of key controls.

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

DCO – Assurance and control testing

• Work closely with Business Controls team, Non-Financial Risk Management team and Front Office for the development of assurance / testing plan for the division
• Undertake Design Effectiveness (DE) and Operational Effectiveness (OE) Testing of Front Office owned or operated controls and suggesting remediation actions
• Drafting assurance workpapers and publishing detailed testing reports
• Walkthrough of the assurance finding, with senior stakeholders and control owners
• Deliver high quality Global Governance decks and reporting trends to support the controls oversight
• Develops a good understanding of the audit methodology for testing, monitoring and oversight of controls to conclude on effectiveness of controls
• Liaise with 2LOD on various initiatives including framework and policy developments

DCO - Control Design Authority (CDA)

• Perform Quality Assurance on design of Key Controls prior to CDA Forum, by assessing whether the proposed control designs effectively mitigate the risk on a sustainable basis
• Assess whether a control needs to be bought to CDA for approval
• Guide Finding / Control Owners as to what an effective and sustainable control entails
• Provide advice and training on control design principles

Your skills and experience

• Strong understanding of control principles and Non-Financial Risk. Experience in Audit, Controls Testing, Assurance, or the Business Control Unit with in-depth knowledge of IB products
• Effective communicator, who can write concisely, present effectively, and manage and influence senior stakeholders
• Proactive and delivery focused with the ability to work in a fast-paced environment with tight deadlines
• Structured and meticulous with strong analytical and problem-solving skills
• Proficiency in all Microsoft Office Applications

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.