Job Title- CB Operations Control Assurance Testing Analyst, Corporate Bank, AVP

Location- Pune, India

Role Description- To manage the organization’s Operational Risk framework by performing Control Effectiveness Testing against the controls identified within the Risk and Control Inventory process. This will enable support of the Bank’s strategic objectives by providing meaningful insight and guidance to a range of internal stakeholders across the Corporate Banking Divisions. This role is exclusively for candidates who have experience in Corporate Banking Operations internal control testing.

As an AVP, you will be responsible for providing teams with an informed opinion on the effectiveness of controls they operate and how to mitigate operational risks. You will undertake testing of controls to validate designs, operating effectiveness and sustainability of controls operated by the Corporate Banking Operations team/s. You will need to articulate findings from testing work and raise issues where appropriate and agree actions plans to mitigate risks identified.

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

Operational Risk Controls Testing

• Independently perform the Control Assurance Testing against the requirements – Design and Operative effectiveness testing
• Determine that these controls are in line with the organisation’s assurance approach and with respect to requirements derived from various regulations
• Support the effective remediation of identified Control Deficiencies owned by the Operations, including the review of planned actions, the ongoing monitoring of implementation measures and the re-assessment after completion
• Prepare loss data trend analysis and monitoring of control testing results to Business Lines
• Prepare & assist in monthly dashboards & other relevant reports as necessary & mandate.
• Undertake adhoc assignments from line management
• Assist in the management and monitoring of all action plans and control testings
• Assist Line Manager with the preparation of reports to senior management on information gathered and analyzed to make recommendations for improvements to the management and control of risk as appropriate.
• Act as a consultant and a point of reference on more sophisticated technical and procedural issues to minimize risk and enhance partner relationships.
• Support project activities as needed.
• Create synergies by identifying opportunities to repurpose control testing results to satisfy assessment requirements across the Team
• Provide ongoing communication to internal stakeholders throughout the testing process to keep them apprised of progress and findings, escalating when appropriate
• Prepare written reports that summarize the objectives, scope, findings, and conclusions for each assigned review
• Support iterative review and challenge of assessment results, working with appropriate stakeholders across the lines of defense
• Prepare materials for ongoing team meetings and meetings with senior management

Your skills and experience

The role requires the individual to have experience in conducting QA reviews as follows:

• Have a minimum of 12+ years of experience in the field of Operational Risk Management, experience or understanding of 1st and 3rd Lines of Defense is an advantage, hands on banking experience in any one of the major functions – CIB / Global Markets, in Risk Management / Internal Controls / Operations
• Have experience in Corporate Banking products – Trade Finance, Lending Operations, Trust and Agency services, Securities settlements etc
• Are fluent in English both written and spoken.
• Have excellent open communication and presentation skills, self-motivated, self-starter.
• Can identify the required data and perform an analysis, from a variety of source systems/processes
• Have excellent writing skills; can convey complex messages in simple ways both orally and on paper
• Are a team player able to build effective working relationships and operate. independently in a global environment
• Ability to remain objective and independently assess processes in operational areas
• Ability to communicate and maintain an effective working relationship with the various Ops teams
• Inquisitive and probing approach to problem solving and general assessment
• Strong analytical skills, high attention to detail, solid organizational and interpersonal skills
• Strong ability to interact with, collaborate, communicate, and influence individuals at all levels
• Profound knowledge and experience of various Operational risk environments within Corporate Banking divisions
• Open minded, able to share information, transfer knowledge and expertise to team members
• Keeps pace with technical/operational innovation maintains understanding of the Corporate Banking processes/products
• Proficient with MS Office programs (Excel, PowerPoint, Word, etc.)

How we’ll support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• 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.htm

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.