Business Risk and Control Specialist, AVP

Deutsche Bank AG; Mumbai; On-site; INR 2,500,000 - 4,500,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare reimbursement

Certifications sponsorship

Employee Assistance Program

Hospitalization Insurance

Life Insurance

Health screening

Job summary

Deutsche Bank AG in Mumbai invites an AVP to lead business risk and control initiatives within Private Bank.

You will work with risk SMEs across divisions to strengthen controls, manage framework-driven requirements, and support control assessments.

The role offers opportunities to grow within a global bank and contribute to a robust control environment.

Qualifications

• Strong understanding of Non-Financial Risk and Control design principles.
• Extensive experience with Control Records, Controls Testing, Assurance or Business Control Unit.
• Strong work ethic, commitment to excel and capacity to work effectively with limited supervision.
• Structured and detail-oriented with strong analytical and problem-solving skills.
• Must be an effective communicator (written and spoken), with ability to influence senior stakeholders.
• University degree.

Responsibilities

• Support a strong controls culture by owning framework-driven requirements.
• Collaborate with PB business stakeholders, risk SMEs, and 2LoD leads to support ORM controls.
• Control Advisory: review and challenge new key controls; assist assessments.
• Control Change: support control change proposals due to findings, gaps, or evolving PB landscape.
• Controls Inventory: gatekeep Private Bank's key controls inventory for completeness.
• Controls SME: establish as Divisional Controls SME and support initiatives.
• Support controls framework deliverables: assessments, certifications, findings linkage.
• Contribute to divisional/global projects from a controls perspective.
• Develop understanding of other Non-Financial risk frameworks.
• Share know-how within the team.
• Build partnerships with cross-divisional DCOs and infrastructure partners.

Skills

Non-Financial Risk concepts

Control Records

Controls Testing

Analytical thinking

Communication

University degree

Education

University degree

Job description

Job Description

Job Title: Business Risk and Control Specialist, AVP
Location: Mumbai, India
Corporate Title: AVP

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

• Support Private Bank’s efforts towards a strong controls culture by actively supporting and owning various framework driven requirements.
• 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.
• 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 Bank.
• Support Other deliverables as part of Bank’s Control framework requirement incl. Control Assessments, Annual certifications, Establishing Findings to Key Control Linkages accurately, Minimum Standard Control Gaps and Issues – to effectively support with data points for downstream processes.
• Contribute to divisional/ Global projects and CTB activities, from Controls perspective.
• Develop understanding of other Non-Financial risk frameworks and related processes.
• Contribute to the development and build know-how within the team.
• Developing effective partnerships with Cross divisional DCOs, Business stakeholders/colleagues & Infrastructure partners.

Your skills and experience

• Strong understanding of Non-Financial Risk and Control design principles.
• Extensive experience with Control Records, Controls Testing, Assurance or Business Control Unit.
• Strong work ethic, commitment to excel and capacity to work effectively with limited supervision.
• Structured and detail-oriented with strong analytical and problem-solving skills.
• Must be an effective communicator (written and spoken), with ability to influence senior stakeholders.
• University degree.

Personal Characteristics

• Delivery-focused, able to support deliverables to deadlines.
• Eagerness to learn and adapt to new situations and processes.
• Ability to learn quickly and think laterally.
• Strong Team Player skills as well as demonstrated capability to own tasks.
• Driven and able to handle day-to-day routine as well as cope with shifting priorities to meet needs and demands.
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

How we’ll support you

• Training and development to help you excel in your career.
• 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.html We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security. More information at: Deutsche Bank Careers (db.com)