Business Risk and Control Specialist, AVP

Job Title: Business Risk and Control Specialist, AVP Location: Mumbai, India Corporate Title: AVP Role Description The team is part of the Team ‘Business Risk & Controls (BRC)’.  The PB BRC guards the “Protect” agenda by overseeing non-financial risks, conduct & control topics and regulatory changes. The team works across global PB franchise delivering complex key risk and control agenda, 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. About Deutsche Bank: Deutsche Bank is the leading German bank with strong European roots and a global network. We’re driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world.  We serve our clients’ real economic needs in commercial banking, investment banking, private banking and asset management.  We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients. About the business division Private Bank combines Deutsche Bank’s private client’s business in Germany and its international business with private and commercial clients together with Wealth Management in a single division. In both the domestic German market and worldwide the Private Bank provides high-quality advice to ~20 million clients and a broad range of financial services in many countries – ranging from day-to-day banking services right through to advisory services for sophisticated Private Banking and Wealth Management clients. In Italy, Spain, Belgium, and India the Private Bank offers its services to corporate clients as well as small and medium-sized enterprises. The Private Bank is a strong pillar of the Group: a modern bank that boasts capital markets and financing expertise, a strong global network, and modern digital services. 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) 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 This role is part of Private Bank’s Controls Team (BRC), within PB BRC Global functions. This position is based out of Mumbai. The individual would be required to support Private Bank’s efforts towards a strong controls culture by actively supporting and owning various framework driven requirements. Role specifically requires the individual to work closely with PB business stakeholders, BRC Risk Type SMEs, 2LoD Risk Type Leads and other Controls SMEs across divisions, to centrally support the requirements from the ORM’s Controls Framework including: Control Advisory: Review and challenge any new proposed key controls, support Control assessments and other NFR framework driven requirements. Control Change Process: Providing support to Control change proposals as necessitated by existing findings, any identified control GAPs, changes in PB Business landscape, cross divisional reviews etc. Controls Inventory: Gatekeep Private Bank’s Key controls inventory to ensure completeness, accuracy and traceability of control instance records for Private Bank. Controls SME: Establish self as Divisional Controls SME and support various deliverables and strategic initiatives for Private