Divisional Risk and Control VP - Bangalore
Location
Mumbai | India
Job description
Position Overview
Job Title: VP – Embedded Risk Manager – Risk, DCO/Risk team Location :
Pune India Role Description - Summary The Embedded Risk Team is an independent Risk Management group aligned to IB and Cross Product Operations, with the responsibility of supporting Operational Risk & Control for Investment Bank & Cross Product Operations. You will be aligned primarily to work with operations teams that support DB's Money Market & Treasury Operations business globally, with primary responsibility for Risk Management, Risk Reporting, and Incident & Finding Management, alongside broader control-led initiatives. You will partner with our global risk team and work collaboratively with 1st line operational staff to proactively managing all risk attributes, ensuring risk is managed in line within the group appetite.
This is a high visibility role requiring ability to work independently, learn complex concepts quickly, build strong relationships, working collaboratively with business teams globally. Able to challenge and be challenged whilst maintaining the highest levels of professionalism. Drive quality and consistency across the ERT processes. This role will lead multifaceted and engagement with senior stakeholders across multiple teams globally.
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 This role will lead multifaceted and with engage with senior stakeholders across multiple teams globally.
- Organizes and assembles the peoplepower, technology and processes necessary to address the current and future requirements of the business.
- Understands that risk identification is key to the business, collaborating with the line in remediating risk by implementing suitable controls.
- Playing an active and key role in stakeholder management necessary for supporting the mission, vision strategies, objectives, and goals of business.
- Developing and training the team and taking the function to the next maturity level
- Support the collation of key management information and the conduct of periodic risk governance meetings
- Review and approve finding life cycle event requests with COE team (in line with the standards highlighted in findings management policy)
- Review and approve Operational Incidents / Problems & Events, ensuring timeliness and accuracy in the recording of all required information and that all escalation requirements are made to relevant Senior Management.
- Chair Monthly Risk and Control Governance forums, ensuring all reporting attributes are covered and appropriate minutes and actions are recorded.
- Manage requirements of any additional Risk and Control initiatives and Senior Management requested Read Across of events where required.
- Provide an informed and independent risk perspective, including guidance and challenge to operational stakeholders.
- Engage with key stakeholders to assist in the development of a risk-based assessment Book of Work by referencing various trigger events e.g. key risk indicators outside risk appetite, major incidents or major change event
- Deliver functional training sessions to develop / enhance skillset for ERT team members
Your Skills And Experience - 15-20 years' work Experience of working in financial services industry preferably in MNC Bank with strong functional and product knowledge of investment banking, payments, SCAF, MiFID II, asset and wealth management products as well as strong awareness of risk management principles including 3 Lines of Defense model.
- Experience with Finding Management and engagement with Internal / External Group Audit
- Have a demonstrated ability in taking a proactive approach to tasks and responsibilities with capability to work independently with minimal direction and prioritize competing deliverables
- A strong communicator with ability to develop relationships with both senior and junior levels and provide clear and unambiguous guidance and decisions.
- Inquisitive and probing approach to problem solving, strong analytical skills, high attention to detail, solid organizational and interpersonal skills.
- Effective problem-solving, decision-making capability and leadership qualities
- Strong verbal and written communication skills with experience of reporting to senior management
- Ability to maintain objectivity and independence in raising areas of operational risk exposure as well as in having an effective working relationship with key stakeholders
- Experience in handling projects independently and working to deadlines and budget i.e., strong project management skills
- Self-starter, proactive and excellent team player with ability to work well under pressure in a fast-paced environment and always with professionalism. Ability to be open minded, share information, transfer knowledge and expertise to team members
- Strong delivery focus and experience in leading projects end to end
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.
Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.
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