Job Description
Job Description:
Job Title: Divisional Risk and Controls Specialist, Vice President
Location: Mumbai
Role description
The Divisional Control Officer (DCO) is responsible for the regulatory steering, the oversight and management of Non-Financial Risks (NFR) within the respective division. The DCO team ensures end-to-end NFR management aligned to DB Group strategy and in accordance with relevant regulations and laws. DCO has the responsibility to ensure that IPB proactively manages its operational risks and regulatory requirements including a defined control agenda monitoring risk. The role sits within DCO Central Functions. The central function team works across the global IPB franchise delivering complex key risk and control activities, adding value for the Business to reduce complexity and enhance controls. The team works with cross-functional and global teams, collaborating with multiple stakeholders globally across the bank.
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
The position specifically manages:
• Lead and assist in designing, improving and maintaining Global control processes in areas of responsibility focussing on conduct & governance topics.
• Drive and implement remediation projects on risk & control topics based on framework enhancements and audit findings.
• Oversight and Governance of Global IPB Risk Council – Facilitate the IPB Risk Council and ensure that materials are high quality and relevant to the forum.
• Document, review and maintain various policies, manuals and internal documentation pertaining to IPB and Non-Financial Risk topics.
• Ensure that any sensitive issues are escalated promptly with sound analysis and recommendations.
• Contribute to the development and build know-how within the team.
• Coordinate with a diverse set of stakeholders across 1LOD and 2LOD to help completion of FCR tasks and activities and maintain effective partnerships within DCO, COO colleagues & Infrastructure partners.
Your skills and experience
Education & Experience:
• Strong knowledge of non-financial risks and controls
• Proven experience of working with controls processes
• Relevant experience in the Retail Banking / Private Banking sector or experience in financial services or consultancy (with Private Banking experience preferred but not essential)
• Experience working on small to medium scale projects at least within a global environment.
• University degree
Competencies:
• Very strong analytical skills (quantitative and qualitative)
• Proficiency with Microsoft Office programs, e.g., Excel, Word and PowerPoint
• Ability to work in pressurised situations.
• Strong work ethic, commitment to excel and proven capacity to work effectively with limited supervision.
• Strong communication (written and verbal) and relationship skills.
• Ability to clearly articulate and present supported topics
• Excellent command of the English language (written and spoken skills)
• Ability to manage a team.
Personal Characteristics:
• Proactive attitude and self-initiative
• Strong Team Player skills as well as demonstrated capability to own tasks.
• Eagerness to learn and adapt to new situations and processes.
• Service oriented
• Delivery-focused, able to support deliverables to deadlines.
• Flexibility with respect to new tasks and the ability to work properly in stressful situations.
• Ability to learn quickly and think laterally
• Driven and able to handle day-to-day routine as well as cope with shifting priorities to meet needs and demands
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
Job Title: Divisional Risk and Controls Specialist, Vice President
Location: Mumbai
Role description
The Divisional Control Officer (DCO) is responsible for the regulatory steering, the oversight and management of Non-Financial Risks (NFR) within the respective division. The DCO team ensures end-to-end NFR management aligned to DB Group strategy and in accordance with relevant regulations and laws. DCO has the responsibility to ensure that IPB proactively manages its operational risks and regulatory requirements including a defined control agenda monitoring risk. The role sits within DCO Central Functions. The central function team works across the global IPB franchise delivering complex key risk and control activities, adding value for the Business to reduce complexity and enhance controls. The team works with cross-functional and global teams, collaborating with multiple stakeholders globally across the bank.
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
The position specifically manages:
• Lead and assist in designing, improving and maintaining Global control processes in areas of responsibility focussing on conduct & governance topics.
• Drive and implement remediation projects on risk & control topics based on framework enhancements and audit findings.
• Oversight and Governance of Global IPB Risk Council – Facilitate the IPB Risk Council and ensure that materials are high quality and relevant to the forum.
• Document, review and maintain various policies, manuals and internal documentation pertaining to IPB and Non-Financial Risk topics.
• Ensure that any sensitive issues are escalated promptly with sound analysis and recommendations.
• Contribute to the development and build know-how within the team.
• Coordinate with a diverse set of stakeholders across 1LOD and 2LOD to help completion of FCR tasks and activities and maintain effective partnerships within DCO, COO colleagues & Infrastructure partners.
Your skills and experience
Education & Experience:
• Strong knowledge of non-financial risks and controls
• Proven experience of working with controls processes
• Relevant experience in the Retail Banking / Private Banking sector or experience in financial services or consultancy (with Private Banking experience preferred but not essential)
• Experience working on small to medium scale projects at least within a global environment.
• University degree
Competencies:
• Very strong analytical skills (quantitative and qualitative)
• Proficiency with Microsoft Office programs, e.g., Excel, Word and PowerPoint
• Ability to work in pressurised situations.
• Strong work ethic, commitment to excel and proven capacity to work effectively with limited supervision.
• Strong communication (written and verbal) and relationship skills.
• Ability to clearly articulate and present supported topics
• Excellent command of the English language (written and spoken skills)
• Ability to manage a team.
Personal Characteristics:
• Proactive attitude and self-initiative
• Strong Team Player skills as well as demonstrated capability to own tasks.
• Eagerness to learn and adapt to new situations and processes.
• Service oriented
• Delivery-focused, able to support deliverables to deadlines.
• Flexibility with respect to new tasks and the ability to work properly in stressful situations.
• Ability to learn quickly and think laterally
• Driven and able to handle day-to-day routine as well as cope with shifting priorities to meet needs and demands
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
💡 Quick Summary
Seeking a career-building opportunity? The Divisional Control Office IPB position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
