Deutsche Bank
Jaipur
Banks & Building Society
Job Title – Assistant Vice President Control Testing – Embedded Risk Team
Location – Pune
Role Description
The Risk Team is responsible for supporting Operations with first line operational risk management across IB & CRU operations. The role will require to execute day-to-day operational risk & control testing work and contributes to the delivery of the risk assessment reviews. This is a high visibility role requiring ability to work independently with limited oversight, learn complex concepts quickly, build strong relationships, working collaboratively with business teams globally. Independent in judgment and with unquestionable personal integrity and ethic. Able to challenge and be challenged whilst maintaining the highest levels of professionalism. The testing lead will have a key role in the delivery of finding closure validation, supporting NFRM findings management policy and implementation across IB & CRU Operations.
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
- Perform an independent validation of remediations, controls and action plans to provide an assurance on both design and operating effectiveness.
- Authenticate findings life cycle event requests in line with the standards highlighted in findings management policy
- Facilitate an independent risk and control framework, challenge control weakness and deliver transparent risk based oversight.
- Advise and assist in mitigating risks that arise from weakness, errors and external event demands (Audit/Regulatory), in partnership with the business line.
- Reviews and provides expert opinions on action plans provided by the Operations teams, helping them develop robust remediation plans. Proactively question and challenge Operations to identify areas of potential weakness.
- Delivering and assisting in operational testing work and contributing to the delivery of risk assessment reviews in line with Deutsche Bank NFRM RCA (Risk & Control Assessment) framework.
- Understand the impact of errors, timely escalation, remediation and lessons learnt to facilitate reduction of operational losses or near misses. Manage incident reporting through the agreed NFRM framework and work extensively with the business line to identify root causes and implement robust remediation plans. Ensure senior stakeholders are informed and that corrective measures are assigned, tracked and closed.
Your skills and experience
- Experience in controls/operational risk function (minimum 8 to 10 years) / internal audit or big 4 audit experience in the financial services industry
- Very good knowledge of auditing standards and concepts. Understanding of risk management and control frameworks in a global banking control environment, with sound knowledge of banking activities, products, risk management techniques and regulatory requirements.
- Experience covering Non-Financial Risk topics or Enterprise Risk Management topics preferred. Good understanding of global banking control environment and compliance issues in the banking/finance industry.
- Excellent written/verbal communication skills, communicating with clarity, both orally and in writing, in a logical order and structured approach. Fluent in English (written and verbal).
- CA/MBA (or equivalent) or higher from an accredited college or university.
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
https://www.db.com/company/company.htm
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.
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