Job Description
Division
Investment Bank
Team
IB Transformation
Location
DBC Mumbai - Nirlon Knowledge Park, Goregaon (E), Mumbai
Division Overview:
The Investment Bank (IB) brings together Deutsche Bank´s Financing, Capital Markets, Origination and Advisory services as well as Sales and Trading businesses. The IB is maintaining a global presence with major hubs in US, Europe and Asia which are all critical for our business model to remain a leading European bank, deeply rooted in Germany, and with a strong global network.
Team Overview:
The Divisional Risk and Control team is responsible for designing and implementing the risk and control strategy, providing a consolidated view of financial and non-financial risks for a sub-division. This includes supervision and assurance of risk-based control reporting of key issues, cyclical activities such as annual control self-assessments, remote supervision framework, control testing, incident research, remediation monitoring and other deep dive reviews. The Divisional Risk & Control team will manage key relationships with other risk and control functions, including driving transparency and consistency.
Scope
Transformation Projects related to;
• Remote Booking Supervision (RBS)
— DB AG Frankfurt covering IB, CB, CRG and TSY
— O&A RBS management covering Frankfurt & London
— MI production for DB AG London
• NFR Management and Governance (incl. NPA/NTA, PRIIPS/MiFID II product governance)
• Supervision and Controls
• Audit and Regulatory Governance (BaFin, EY, WpHG Section 8+ audit)
Key Responsibilities
• Primary responsibility would be to support Remote supervision governance across IB / CB / CRU and Treasury:
— Creation of approx. 140+ monthly Remote Supervision Packs to facilitate the various remote supervision meetings
— Co-ordinate and collate MI by working closely with various teams to ensure timely availably of source data. Also run essential processes connected to the provision of MI
— Lead and discuss incorporation of new metrics where requested by Remote supervisors
— Collaborate with Strats and other IT teams to automate the MI that is currently sourced manually
— Follow up on open / outstanding actions in advance of the remote supervision meetings
— Deliver additional controls where gaps are identified in existing control framework
— Own the monthly MI creation / automation ideas ensuring utmost accuracy of data at all times
• Other responsibilities as covered by the role are detailed below:
• Define the control framework for assigned Risk Type(s) across various functions (i.e., Financial reporting, Cross Border Activity):
— Outline priorities and control objectives for the control framework
— Define/maintain the governance framework
— Document the road map, including target state and key priorities.
— Work closely with IB BCU and 2nd LoD functions to understand and evaluate the current state of the existing control inventories. Link front-office and other 1LoD control structures to 2nd LoD controls to ensure a cohesive front to back control framework.
— Consolidate control suites to eliminate duplication and redundancies.
— Clear definition of 1st and 2nd LoD division of responsibilities.
• Implementation of the control framework:
— Perform gap analysis across business divisions and document required capabilities, process and technology changes required to close the gap.
— Establish key delivery plans and milestones for control framework roll out.
— Collaborate with Strats, GT and 2nd LoD teams to design and implement the control suites
— Identify opportunities to implement preventive control measures
— Automate and migrate controls upstream wherever possible
• Drive/monitor risk remediation activities of audit findings, self-identified issues and regulatory commitments.
• Co-ordination and support of key IB and cross-divisional forums i.e. Trader Mandate Oversight Council (“TMOC”)
• Ownership for running specific 1st LoD controls including support in pro-active management, development/enhancement and review of the controls e.g. Trader Mandate exceptions.
• Key interface for Front Office owned Sox control deficiencies
• Drive remediation / closure on findings identified on the back of Brexit Tarde Oversight Committee deliverables
• Additional involvement in other IB Transformation projects based on bandwidth and prioritization
Your Skills & Experience
• Minimum of five years prior experience in a financial institution, preferably in a Finance or Risk & Control function.
• Strong skills in MS Excel, VBA and PowerPoint.
• Self-starter who is able to work autonomously and proactively.
• Strong quantitative and analytical skills/knowledge related to risk management/operational risk.
• Effective relationship building, communication and analytical skills; have demonstrated the ability to work effectively with all levels within the organization.
• Strong capabilities in data analysis and data compilation.
• Skilled in independently delivering strategic automation solutions.
• Ability to integrate well into a team and build collaborative relationships with a diverse set of stakeholders.
• A willingness to be flexible to meet changing work priorities and tasks, with an ability to manage a high workload, work independently and plan your work to meet deadlines.
• Experience of working with Strats Teams or knowledge of any programming language is a plus
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 child care 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
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
Investment Bank
Team
IB Transformation
Location
DBC Mumbai - Nirlon Knowledge Park, Goregaon (E), Mumbai
Division Overview:
The Investment Bank (IB) brings together Deutsche Bank´s Financing, Capital Markets, Origination and Advisory services as well as Sales and Trading businesses. The IB is maintaining a global presence with major hubs in US, Europe and Asia which are all critical for our business model to remain a leading European bank, deeply rooted in Germany, and with a strong global network.
Team Overview:
The Divisional Risk and Control team is responsible for designing and implementing the risk and control strategy, providing a consolidated view of financial and non-financial risks for a sub-division. This includes supervision and assurance of risk-based control reporting of key issues, cyclical activities such as annual control self-assessments, remote supervision framework, control testing, incident research, remediation monitoring and other deep dive reviews. The Divisional Risk & Control team will manage key relationships with other risk and control functions, including driving transparency and consistency.
Scope
Transformation Projects related to;
• Remote Booking Supervision (RBS)
— DB AG Frankfurt covering IB, CB, CRG and TSY
— O&A RBS management covering Frankfurt & London
— MI production for DB AG London
• NFR Management and Governance (incl. NPA/NTA, PRIIPS/MiFID II product governance)
• Supervision and Controls
• Audit and Regulatory Governance (BaFin, EY, WpHG Section 8+ audit)
Key Responsibilities
• Primary responsibility would be to support Remote supervision governance across IB / CB / CRU and Treasury:
— Creation of approx. 140+ monthly Remote Supervision Packs to facilitate the various remote supervision meetings
— Co-ordinate and collate MI by working closely with various teams to ensure timely availably of source data. Also run essential processes connected to the provision of MI
— Lead and discuss incorporation of new metrics where requested by Remote supervisors
— Collaborate with Strats and other IT teams to automate the MI that is currently sourced manually
— Follow up on open / outstanding actions in advance of the remote supervision meetings
— Deliver additional controls where gaps are identified in existing control framework
— Own the monthly MI creation / automation ideas ensuring utmost accuracy of data at all times
• Other responsibilities as covered by the role are detailed below:
• Define the control framework for assigned Risk Type(s) across various functions (i.e., Financial reporting, Cross Border Activity):
— Outline priorities and control objectives for the control framework
— Define/maintain the governance framework
— Document the road map, including target state and key priorities.
— Work closely with IB BCU and 2nd LoD functions to understand and evaluate the current state of the existing control inventories. Link front-office and other 1LoD control structures to 2nd LoD controls to ensure a cohesive front to back control framework.
— Consolidate control suites to eliminate duplication and redundancies.
— Clear definition of 1st and 2nd LoD division of responsibilities.
• Implementation of the control framework:
— Perform gap analysis across business divisions and document required capabilities, process and technology changes required to close the gap.
— Establish key delivery plans and milestones for control framework roll out.
— Collaborate with Strats, GT and 2nd LoD teams to design and implement the control suites
— Identify opportunities to implement preventive control measures
— Automate and migrate controls upstream wherever possible
• Drive/monitor risk remediation activities of audit findings, self-identified issues and regulatory commitments.
• Co-ordination and support of key IB and cross-divisional forums i.e. Trader Mandate Oversight Council (“TMOC”)
• Ownership for running specific 1st LoD controls including support in pro-active management, development/enhancement and review of the controls e.g. Trader Mandate exceptions.
• Key interface for Front Office owned Sox control deficiencies
• Drive remediation / closure on findings identified on the back of Brexit Tarde Oversight Committee deliverables
• Additional involvement in other IB Transformation projects based on bandwidth and prioritization
Your Skills & Experience
• Minimum of five years prior experience in a financial institution, preferably in a Finance or Risk & Control function.
• Strong skills in MS Excel, VBA and PowerPoint.
• Self-starter who is able to work autonomously and proactively.
• Strong quantitative and analytical skills/knowledge related to risk management/operational risk.
• Effective relationship building, communication and analytical skills; have demonstrated the ability to work effectively with all levels within the organization.
• Strong capabilities in data analysis and data compilation.
• Skilled in independently delivering strategic automation solutions.
• Ability to integrate well into a team and build collaborative relationships with a diverse set of stakeholders.
• A willingness to be flexible to meet changing work priorities and tasks, with an ability to manage a high workload, work independently and plan your work to meet deadlines.
• Experience of working with Strats Teams or knowledge of any programming language is a plus
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 child care 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
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
💡 Quick Summary
Seeking a career-building opportunity? The Divisional Risk Control Analyst 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.