Non-Financial Risk Specialist, COO Coverage - Associate - Mumbai
Education : CA/MBA from Tier A institute
Risk :
The Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, we have a unique vantage point which allows us a holistic view of our businesses and our clients. Nearly 4,000 employees work together to achieve our ambition to be an industry-leading risk management organisation.
In an increasingly complex environment, risk management is fast becoming the most sought after place to build a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organisation and the wider industry agenda.
Job Title: NFRM Coverage - Risk Specialist
Corporate Title: Associate
Division: Risk
Location: India - Mumbai
Hiring Manager: Gauri Mookerjee
Overview
The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the banks Non-Financial Risk exposure is adequately managed in-line with the group wide risk appetite and NFRM framework.
To achieve this the NFRM function requires:
- Risk Managers with the experience, seniority and tools to assess complex risks and intervene where they lie outside the bank's risk appetite.
- A comprehensive, integrated, simple and easy to use NFR Framework with supporting technology that assists risk identification, assessment and remediation.
- Strong understanding of the businesses combined with regular engagement which would allow NFRM to provide support, review and challenge in line with the 3 Lines of Defence Model.
- Close coordination with all Second Line Risk Type Controllers to facilitate the production of a holistic view of NFR.
- Proper consideration of emerging risks, rather than just current issues.
- Effective governance combined with supporting MI that facilitates decision-making.
NFRM is a matrix organization with business / region and functional specialist axes.
The role a Risk Specialist has within NFRM is to support the Risk Managers in their management of NFR according to the 3 Lines of Defense model and the NFR mandate. Specifically, they support global and regional NFRM risk assessment activity as required.
Role description (Associate) :
An Associate in the NFRM COO team will be expected to actively support in the completion of independent oversight, monitoring and assessment activities on a risk-basis.
This will involve performing the following NFRM activities for COO :
- Supporting global and regional NFRM risk assessment activity by participating in Deep Dives, Thematic Assessments, Finding Closure Verification, Control Effectiveness Testing and Ad Hoc Requests
- Enhance Risk Culture and ORM visibility through meaningful stakeholder engagements and trainings
- Provide guidance to 1st Line stakeholders on NFRM tools, systems and policies
- Supporting Operational Risk Event management including assisting with Lessons Learnt and read across
- Supporting the preparation and maintenance of the NFRM coverage book of work
- Collaborating with PMG team to support the creation of reports and metrics for NFRM coverage
Experience :
The ideal candidate will have:
- 2-3 years experience in a similar role
- A good understanding of Non-Financial Risk Management principles and practices.
- Understanding of the transactions and financials products offered by a Tier 1 investment bank as well as the supporting infrastructure and controls.
- A Postgraduate degree in finance or equivalent or similar experience.
- Excellent communication skills, fluent in English.
Attributes :
The key attributes that will be required include:
- Strong oral and written skills - should be able to distil topics into understandable summaries with clear conclusions and explanations of rationale.
- Presentation skills - candidates should be confident in presenting the outcomes of their work.
- Time management - the successful candidate will often need to deal with multiple priorities and should therefore be highly organised and be able to multi-task.
- Adaptable - candidates will play a pivotal role in a period of significant change for this function and therefore past experience with change projects is desirable.
- Assertive - must be proactive in forming relationships with key stakeholders in the business and within NFR.
- Team player - willing to help out other team members where required and be a constructive conscientious corporate citizen.
- Matrix environment - ability to work in virtual global teams in a matrix organisation with minimal supervision
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.
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