Position Overview

Job Title: Risk Lead, VP

Corporate Title: Vice President

Location: Mumbai, India

Role Description

Transaction Processing Risk Type Controller Team evaluates all DB businesses and infrastructure units to identify, assess, mitigate, and track risks associated with DB's portfolio of transactions. The team drives a consistent set of roles and responsibilities defining accountability for Transaction Processing Risk Framework which is overseen by the Non-Financial Risk Committee and reviewed periodically by the Management Committee.

Division Overview:

Non-Financial Risk Management (NFRM) is a function within the Chief Risk Office, focused on managing the Bank's non-financial Risk exposure in alignment to the defined group wide risk appetite and the governance framework. To achieve this the NFRM function requires:

Risk Managers with the experience, seniority, and tools to assess complex risks and intervene where they lie outside the bank's risk appetite.
A comprehensive, integrated, simple, and easy to use NFR Framework with supporting technology that assists risk identification, assessment, and remediation.
Strong understanding of the businesses combined with regular engagement which would allow NFRM to provide support, review, and challenge in line with the 3 Lines of Defence (LoD) Model.
Close coordination with all Second Line Risk Type Controllers to facilitate the production of a holistic view of NFR.
Proper consideration of emerging risks, rather than just current issues.
Effective governance combined with supporting MI that facilitates decision-making

NFRM is a matrix organisation with business, region, and functional specialist axes. The role a Non-Financial Risk manager has within NFRM, is to work with a specific business area and manage the operational risk according to the 3 LoD model and the NFR mandate. Specifically, they perform independent oversight of the implementation of the Group's NFRM Framework within the Business Divisions and Infrastructure Functions and independently assess material risks and/or key controls (as required), providing challenge, approval, or veto as appropriate.

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

Ensure that the TPR Risk Management is consistent with NFRM Framework and Regulatory expectations, across Risk and Controls Assessments & Assurance, Findings and Event Management, Scenario Analysis, and other framework requirements.,
Provide valuable feedback to the 1st LoD, while ensuring independent 2nd line oversight of the transaction processing risk practices across the group, using a risk-based approach, focusing on key residual risks and regulatory issues.
Partner with all businesses, and key stakeholders to develop TPR risk themes and drive improvements / enhancements in the control process to uplift the risk management practices.
Represent the TPR global agenda in local and regional internal governance councils/operating forums
Engagement with Global Senior Management, Group Audit, and Regulators as part of key responsibilities, ensuring effective communication and alignment with regulatory / audit expectations
Define, implement, and manage the various TPR Minimum Control Standards enabling 1st LoD to align to control requirements and drive initiatives for control gap closures.
Manage review & reporting of TPR Metrics, driving initiatives to uplift transparency & measurement on risk profiles and zones.
Perform Thematic Deep-Dives on the Operational Risk Events & Findings to understand most impacted Risk Types, Root Causes and Remediation actions.

Your Skills And Experience

Extensive experience with a minimum of 15 years in business, finance, risk management, consulting, or similar role within financial services
Advanced degree or diploma with relevant certifications, in areas such as Management or Accountancy
Comprehensive understanding of the transactions and financials products offered by a Tier 1 investment bank as well as the supporting infrastructure and controls
A robust understanding of Operational Risk / Non-Financial Risk Management principles and practices
Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 LoD model
Experience of working with senior stakeholders within a high-pressure dynamic environment and be willing to challenge as required.
Understanding of the regulatory environment in the business and more broadly the regulator perspectives on non-financial risk
Demonstrated ability to convey complex ideas clearly and effectively both verbally and in writing to diverse audiences, including stakeholders, teams and senior management

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:

https://www.db.com/company/company.html

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.

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