Job Description

Operational Risk Management - AVP Position Overview Job Title: AVP Divisional Control office, International Private Bank (IPB) DCO Location: Mumbai Role Description The team is part of the Divisional Control Office. In an ever-changing financial landscape within a global business model, the role of the Divisional Control Office has never been more important. A strong risk management culture helps to reinforce Deutsche Bank\'s resilience. The function identifies, aggregates, manages and mitigates risk across the core activities of operational risk management, supporting the Deutsche Bank IPB strategies whilst protecting the Bank. The team works with cross-functional and global teams, collaborating with multiple stakeholders globally across the bank. 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 Actively drive the Risk and Control Assessment (RCA) process to ensure that the risk profile for IPB Americas remains accurate and up to date. Analyze monthly Contextual Data (including findings, internal and external loss data, metrics, and remediation progress) to determine if updates are required to the risk profile. Create and maintain an RCA Summary Report that includes key themes and risk drivers, new and emerging risks, and remediation planning. Coordinate a quarterly RCA workshop with Business, Risk Type Controllers and Non-Financial Risk Management (NFRM) to review and challenge RCA Summary Report Ensure NFRM, Compliance, Anti-Financial Crime, and Legal are regularly involved throughout the RCA process, with formal engagement in the quarterly RCA workshop session. Create new findings based on new control gaps or remediation requirements determined in the RCA process. Coordinate regular Scenario discussions with the Business and Risk Type Controllers and ensure that new or emerging risks are reflected in the RCA for the business. Evaluate Scenario Analysis observations and, if warranted, record any findings in the Global Findings Management System Contribute to the development and build know-how within the team. Developing effective partnerships with DCO, COO colleagues & Infrastructure partners Your skills and experience Education & Experience: Knowledge of non-financial risks and controls Proven experience of working with controls processes Relevant experience in the Retail Banking / Private Banking sector or several years of experience in financial services or consultancy (with Private Banking experience preferred but not essential) Experience working on small to medium scale projects at least within a global environment. University degree Competencies: Very strong analytical skills (quantitative and qualitative) Proficiency with Microsoft Office programs, e.g., Excel, Word and PowerPoint Ability to work in pressurised situations. Strong work ethic, commitment to excel and proven capacity to work effectively with minimum supervision. Strong communication (written and verbal) and relationship skills. Ability to influence. Excellent command of the English language (written and spoken skills) Personal Characteristics: Proactive attitude and self-initiative Ability to think laterally. Strong Team Player skills as well as working independently. Eagerness to learn and adapt to new situations and processes. Service oriented Delivery-focused, able to manage multiple deliverables to deadlines. Flexibility with respect to new tasks and the ability to work properly in stressful situations. Ability to learn quickly. Driven and able to handle day-to-day routine as well as cope with shifting priorities and changing responsibilities to meet needs and demands. 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: Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer. We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation. Click to find out more about diversity and inclusion at Deutsche Bank.

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