Job Title: Risk & Control Specialist, AVP

Location: Bangalore, India

Role Description

• Risk, Finance, Treasury (RFT) Technology is the technology partner to the CRO (Chief Risk Office) and CFO (Chief Financial Office) divisions. The Chief Risk Office is responsible to identify, aggregate, manage and mitigate Financial and Non-Financial risks and includes Market & Valuation Risk Management (MVRM), Credit Risk Management and Non-Financial Risk Management (NFRM).
• The Chief Finance Office includes Finance and Treasury and is responsible for a broad range of activities designed to ensure the financial and regulatory integrity of the Deutsche Bank Group including official production of PnL, Financial control, Group & Local Financial Reporting, Capital Management, Balance Sheet Management and Planning, and Liquidity & Treasury Reporting and Analysis.
• RFT Technology support the definition of the IT strategy and provision of solutions to allow CRO and CFO to manage all aspects of the Risk and Finance processes. Over the last couple of years, the regulatory landscape and associated demand to meet the mandated regulatory standards and reporting expectations has exponentially increased in complexity requiring Deutsche bank to significantly invest in its infrastructure and platform capability.
• The Risk and Control Specialist role supports RFT Technology Management managing all aspects of the Audit lifecycle. This includes (i) ensuring all identified risks (Audit Findings) and proactively managed and closed on time and (ii) identifying and assessing risks and their impact (self identified issues), planning remediation actions, and monitoring and reporting of their progress.
• The role requires strong stakeholder engagement, including close interaction with the Divisional Risk Leads, Regional leads, 2LoD such as Non-Financial Risk Management (NFRM) and 3LoD Group Audit as well as the group’s frontline technology groups. This will include Chief Information Officers (CIOs), Development & Infrastructure Leads, Programme managers, Architects, and Production Support areas
• This is an exciting opportunity for a high-performing and motivated individual who is looking to contribute to the banks priority to reduce risk in a sustainable way.

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

• Managing findings life-cycle events (e.g. closures, risk downgrades, risk acceptances) with finding owners/ risk leads to ensure they are addressed, appropriately documented within agreed timelines.
• Collaboration with internal teams to educate and promote Risk and Controls standards, Finding Management Procedure and Central Function checklists to ensure successful handling of life cycle events
• Understand and advocate DB Policies, Procedures, Controls and standards, Finding Management Procedure and Central Function checklists to ensure successful remediation and handling of life cycle events with stakeholder
• Coordinate with Portfolio Owners/risk leads for the upcoming audit schedule and request if any potential SIIs are to be raised for the audit scope.
• Conduct reviews of all ‘Life Cycle Events’ before submission to CAF (Central Approval Function), assist with edits to improve quality of documentation
• Participate in Risk and Control meetings with Portfolio owners / CIO-1 to track and review the status of remediation against risk topics
• Coordination and management with Portfolio Owners/Delegates, Embedded Risk Team (ERT), Control Owners, CAF members & collaboratively work together to ensure Risk is addressed in a sustainable way, be able to troubleshoot to eliminate blockers.
• Ensure management transparency by way of timely risk reporting and proactive engagement and representing controls team at different governing forums.
• Identify and evaluate potential areas of non-compliance or risk, assessing impact, probability and present self-identified findings and proposals for risk mitigation

Your skills and experience

• Overall 8+ years of experience in any of the SDLC/STLC engagement and minimum 2 years on risk and audit related experience in IT Risk. Previous experience with IT risk assessment, audit, controls validation and emerging risk identification.
• A strong team player who can collaborate with people at all levels in a global matrix organization
• The ability to manage multiple tasks and efficiently prioritize workload with limited supervision and resilient under pressure.
• The ability to quickly build a network across RFT and among subject matter experts.
• Strong analytical and problem-solving skills to evaluate risk
• Result oriented and ability to deliver under tight timelines.
• Excellent communication, both written and verbal
• Desire to learn about new and emerging technologies and continuous upskilling.
• Must be comfortable with navigating ambiguity to extract meaningful risk insights.
• Ability to assimilate large quantities of information in short periods of time.

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.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.