Risk Specialist NOC, Associate

Job Description:

Job Title: Risk Manager

Location: Mumbai, India

Role Description:

Deutsche Bank is the leading German bank with strong European roots and a global network. We’re driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world.  We serve our clients’ real economic needs in commercial banking, investment banking, private banking and asset management.  We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.

About the business division

Private Bank is one of the preeminent private banks in the Eurozone and for family entrepreneurs worldwide. It serves around 3.4 million clients, including private clients and small and medium-sized enterprises (SMEs) in Italy, Spain, Belgium and India, and wealth management clients from more than 80 locations in Germany, the rest of Europe, the Middle East and Africa (EMEA), Asia-Pacific and the Americas.

The business has around 250 billion euros of assets under management and a combined revenue of approximately 3 billion euros. It offers high-net-worth (HNW) and ultra-high net-worth (UHNW) clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of wealth management. Additionally, in Italy, Spain, Belgium, and India it offers a comprehensive range of products including investment and insurance products, deposits, checking accounts, cards and other payment services as well as credit and business banking products.

Private Bank – COO function

Covers various functions which includes budgeting and forecasting, analysis, and performance management, financial communication, risk & control metrics, support on regulatory topics and benchmarking, these insights delve into the cornerstones of business and value drivers.

The role is part of a desk extension team and supports the UK COO team, with local reporting line in Mumbai.

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)
• Flexible working arrangements
• 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

• Conduct end-to-end control testing and monitoring of trade and transaction processes to ensure compliance with regulatory and internal policy requirements.
• Identify and assess risks across business activities, providing recommendations to mitigate potential vulnerabilities.
• Implement effective control frameworks and ensure their adherence in day-to-day operations.
• Collaborate with key stakeholders, including front-office teams, compliance, and internal audit, to address gaps and improve control effectiveness.
• Support the reporting and escalation of control issues, including root cause analysis and remediation planning.
• Monitor key performance indicators (KPIs) and prepare reports to inform senior management of control trends and issues.
• Provide training and guidance to team members to promote a strong risk management culture.

Key Targets & Objectives of Role:

• Identify key risks within the business; monitor incidents, assessing root cause and identify risk trends
• Ensure the risk framework is fully implemented and results are communicated to senior management stakeholders
• Design, document and support implementation of controls to strengthen and continuously improve the control environment.
• Responsible for & first contact person of external audit requests (incl. finding presentation to senior management)
• Provide support to the various business divisions in the identification and management of Risk
• Liaise with our functional and business colleagues to ensure we continually try to improve our control environment

Your skills and experience

Educational Qualification:

• Postgraduate in Finance/ CA/ CPA/ FRM
• 8+ years of experience in audit/ operational risk/ risk management with multi-area exposure in Enterprise Risk Mgmt. preferred.
• Experience in data analytics will be a distinct advantage
• Intermediate to advance knowledge of MS Excel and MS PowerPoint.
• Personal competencies or skills (i.e. proven level of initiative, developing others, willingness to learn)
• Excellent communication skills, both written and oral, and ability to communicate at all levels across our organization.
• Ability to effectively manage conflicting demands
• Attention to detail, self-motivated and solution driven.
• Team player who is eager to learn

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.