Job Title: Divisional Risk and Control Specialist, VP

Location: Mumbai, India

Role Description

Origination & Advisory Business

Origination & Advisory aims to build long-term, trusted and mutually beneficial relationships with the major corporates, financial institutions, financial sponsors and sovereigns around the world. Click here for more information.

Job Specification

The Origination & Advisory (O&A) Business Control Unit (BCU) is a 1st Line of Defence (1st LoD) function created during the implementation of the Three Line of Defence (3LoD) programme. Its primary objective is to support the front office in executing the Non-Financial Risk (NFR) framework for its business line. The team is principally responsible for:

• Identification and mitigation of non-financial risks (regulatory, conduct and systemic)
• Supporting the operations of an efficient supervisory and conduct framework
• Ensuring the governance of a business’ audit portfolio
• Driving “Change the Bank” initiatives to support the control framework

In addition to working closely with the business heads, the group’s reach and interaction is broad, including engagement with the Investment Banking Divisional Control Officer (DCO), 2nd and 3rd LoD, for example Compliance, Anti Financial Crime (AFC), Non-Financial Risk Management (NFRM), Legal, Group Audit and others.

This role will support the Global BCU function in various capacities, with a particular focus on Investment Banking Coverage & Advisory (IBC&A) and Mergers & Acquisitions (M&A).

The role will also align with the wider APAC Business Management & Controls (BM&C) team and will therefore be supporting the O&A APAC business. This includes direct interaction with senior O&A APAC bankers and being a point of contact for all O&A APAC matters in the control hub.

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

• Deliver and monitor remediation activities for the O&A owned findings portfolio (Group Audit, Controls Testing & Assurance, Regulatory, and Self-Identified Issues)
• Perform and monitor level 1 controls and update O&A control inventory
• Pro-actively identify and deliver level 1 control enhancements and automation
• Timely identification and sustainable mitigation of control weaknesses and emerging risks
• Independently lead and deliver risk and control related assignments, such as a read-across of known control weaknesses, lessons learned of NFR events, back-testing
• Develop and manage relationships with a range of stakeholders within and outside O&A including 2nd and 3rd line functions
• Lead change initiatives in O&A BCU incl. planning, coordinating with various teams, tracking progress, and escalating where necessary
• Creation and delivery of senior management reporting to support decision making
• Update Key Operating Policies & Procedures to document current business processes

Your skills and experience

• At least 7 years of relevant industry experience, ideally from a top tier investment bank
• Strong analytical skills and a strong finance / economic academic background
• Sound understanding of the Corporate Finance business, including coverage and Mergers & Acquisitions would be beneficial.
• Deep knowledge of NFR framework, risks and controls in an investment bank
• Aptitude for providing advice to senior management on risks, controls and mitigation
• The ability to formulate clearly and present information in a compelling manner
• The ability to present complex and sensitive messages comprehensively, professionally and in simple terms
• Solid MS Office skills (word, powerpoint, excel)
• Strong data-analysis skills – ability to transform raw/complex data into simple and meaningful outputs for senior management communication

You will be

• Able to work as part of a global team
• Proactive and diligent and able to partner with other teams to resolve issues where necessary
• Self-motivated, independent, and able to identify solutions to issues
• Accurate with an attention to detail
• Confident to question the status quo / existing control framework

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.