Deutsche Bank Group is hiring an Associate for the Divisional Risk and Control team in Mumbai. In this role, you will support the front office in executing the Non-Financial Risk (NFR) framework, with a primary focus on Remote Booking Supervision governance and monitoring trade bookings for EEA clients into DBAG London.
What You'll Do
- Support Remote supervision governance across IB, CB, CRU, and Treasury.
- Produce Remote Supervision Packs to facilitate various governance meetings.
- Co-ordinate and collate management information (MI) by working closely with various teams.
- Run Data Quality and completeness checks for the provision of MI.
- Lead discussions to incorporate new metrics requested by Remote supervisors.
- Collaborate with Strategic Analytics Group and IT teams to automate manually sourced MI.
- Follow up on open actions ahead of remote supervision meetings.
- Deliver additional controls where gaps are identified in the existing framework.
- Own the monthly MI creation and automation ideas, ensuring utmost data accuracy.
- Perform gap analysis across business divisions and document required capabilities, process, and technology changes.
- Establish key delivery plans and milestones for control framework roll-out.
- Collaborate with Strategic Analytics Group, Group Tech, and 2nd Line of Defense teams to design and implement control suites.
- Identify opportunities to implement preventive control measures.
- Automate and migrate controls upstream wherever possible.
- Drive and monitor risk remediation activities of audit findings, self-identified issues, and regulatory commitments.
- Own running specific 1st Line of Defense controls, including support in pro-active management, development, and review.
- Monitor trade bookings for EEA clients into DBAG London and highlight transactions booked into the incorrect legal entity.
- Conduct timely investigation of trade bookings.
- Pro-actively engage with Business and Middle Office for further investigation.
- Monitor investigation results and remediation status of wrong bookings.
- Lead calls with Business Managers.
- Escalate any overdue activities to the team lead promptly.
- Support the team lead in creating monthly MI.
- Create a monthly report to present booking review results to Business, Legal, and Compliance, escalating any potential breaches or overdue investigations.
- Work closely with stakeholders in IB and Middle Office to support the investigation and remediation of trade bookings.
What We're Looking For
- Minimum of eight years prior experience in a financial institution.
- Strong skills in MS Excel and MS PowerPoint.
- Self-starter who can work autonomously and proactively within tight timelines with minimal supervision.
- Strong quantitative and analytical skills related to risk management and operational risk.
- Effective relationship building and communication skills.
- Demonstrated stakeholder management skills and ability to work effectively with all levels within the organization.
- Project management skills to independently drive strategic automation solutions.
- 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.
Nice to Have
- Experience preferably in a Finance, Operations, or Risk & Control function.
- Exposure to VBA or programming preferred.
Technical Stack
- MS Excel
- MS PowerPoint
- VBA
Team & Environment
You will join the Divisional Risk and Control team, specifically the IB DCO Mumbai team, reporting to the team lead.
Benefits & Compensation
- 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
- Training and development
- Coaching and support from experts in your team
- A culture of continuous learning
Work Mode
This position is based on-site in Mumbai, India.
We welcome applications from all people and promote a positive, fair, and inclusive work environment.
