Position Overview
Job Title: Risk Senior Specialist - Regulatory Engagement Coordination ORM - Operational Risk Management
Corporate Title: AVP
Location: Mumbai, India
Role Description
Operational Risk Management (ORM), as part of the Chief Risk Office (CRO), operates as an independent 2nd Line of Defense function, collaborating with business and infrastructure areas (1st Line of Defense) to manage the non-financial risks (i.e., operational and reputational risks) of the bank within the group-wide risk appetite and to improve the control environment. ORM defines the ORM framework for the appropriate identification, assessment, mitigation, monitoring, reporting, and escalation of non-financial risks.
- The Regional OR department for Germany and Europe, Risk Type Control for Physical Risk & Human Capital Risk, and Portfolio OR Private Bank & DWS are responsible for overseeing the operational risk profile of these areas.
- The newly established team Regulatory Engagement Coordination ORM supports the ongoing management of interactions between ORM function representatives and regulators and aims to facilitate coherent communication, i.a. through AI-enabled portfolio oversight.
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
Objective of the newly established Regulatory Engagement Coordination ORM- function is:
- Ongoing management of interaction between ORM function representatives and regulators; ensure coherent messaging, i.a. by maintaining AI enabled oversight of portfolio.
The Regulatory Engagement Coordination Team shall be responsible for:
- Orchestrating and coordinating all regulatory engagement activities across ORM, ensuring consistent, coherent, and timely communication with regulators.
- Acting as the central point for managing ORM's regulatory interaction, maintaining inventories of engagements and deliverables, and leveraging AI-driven tools to enhance efficiency and messaging consistency.
- Ensuring alignment about these regulatory engagements and readiness for those across ORM. The interface with regulators remains with Regional Portfolio Roles and Risk Type Heads (RTHs).
- The Risk Senior Specialist (AVP) will independently manage significant aspects of regulatory coordination, including maintaining inventories, preparing communication materials, and proactively engaging with ORM function representatives, often serving as a primary point of contact for specific regulatory topics.
Your Skills And Experience
- Many years of experience (min. 3 years) as a Risk Manager, particularly with expertise in Operational Risk Management (pronounced knowledge of the ORM framework and its practical application).
- Experience in coordinating regulatory contacts/supervisory authorities.
- Professional experience in interacting, communicating, and engaging with supervisory authorities.
- Flexibility and problem-solving skills to acquire new knowledge/technologies/workflows, as well as the ability to achieve excellent results even under time pressure.
- Excellent communication skills, coupled with the ability to navigate different international, hierarchical, and cultural levels.
- Very good spoken and written English skills. Good spoken and written German skills are a plus.
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.
