Divisional Risk and Control VP | Bangalore

Position OverviewAbout Deutsche Bank and CIB Operations:CIB Operations provides support for all Deutsche Bank's businesses to enable them to deliver transactions and processes to clients. Our people work in established global financial centers such as London, New York, Frankfurt and Singapore, as well as specialist development and service centers in locations including Bucharest, Moscow, Pune, Dublin and Cary. We process payments in excess of a trillion euros across the bank's platforms support thousands of trading desks and enable millions of banking transactions, share trades and emails every day.A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimized, and that the client experience is positive. We are proud of the professionalism of our people, and the work they do. In return, we offer excellent career development opportunities to foster skills and talent.About Risk Team: The Risk Team is responsible for managing operational risk cross IB & Cross Product Operations. You will have a key role in supporting the first line management in identifying, assessing/measuring risks, identifying remediation actions and monitoring risks, by performing comprehensive risk/control testing assessments of operations functions according to Target Operating Model and established process and control standards. You will achieve this by working collaboratively with the first line operations management team and closely interact with key stakeholders including different control functions (e.g., technology, regulatory oversight), business area DCOs and Risk Type Controllers (commonly known as second line of defence).What we'll offer youBest in class leave policyGender neutral parental leaves100% reimbursement under child care assistance benefit (gender neutral)Flexible working arrangementsSponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and aboveRole Description - Summary:Primary responsibility for the day-to-day delivery of control testing as a function, the overall control Assessment Team agenda for 'IB/Cross Product Operations - Risk Team' and ensuring overall alignment with the division's risk vision and objectives.VP -Control Assessment TeamOrganizes and assembles the people-power, technology and processes necessary to address the current and future Assessment/Control Testing needs of the business.Understands that risk identification is key to the business, collaborating with the line in remediating risk by implementing suitable controls. Play a proactive role across the risk management lifecycle i.e Identify, Assess, Measure, Report, Mitigate and partner with key stakeholders to create a robust operational risk management culture.Play a critical role in conducting deep dive sessions with functions to assess control design effectiveness & operating effectiveness.Enabling team members to become risk experts through L&D and other development