Divisional Risk and Control Senior Analyst, AVP

Deutsche Bank; Bengaluru; On-site; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare assistance

Certifications sponsorship

Employee assistance program

Health insurance

Life insurance

Health screening

Job summary

Deutsche Bank in Bengaluru seeks a seasoned professional to oversee KYC Ops and Business Financial Crime risk controls. This role emphasizes governance, robust controls testing, and proactive remediation across global risk frameworks.

Ideal candidates have substantial banking experience, familiarity with AML/sanctions, and the ability to collaborate with multiple lines of defence. Excellent communication and deadline-driven work style are essential.

Qualifications

• Substantial and relevant experience in a global banking environment.
• Strong preference for candidates with Audit, Controls Testing or 2nd line Assurance experience.
• Knowledge of the risk and control frameworks required.
• AML, Sanctions SME skills are strongly preferred.
• Strong communication, analytical and interpersonal skills.
• Client focused approach and ability to react quickly to changing demands.
• Ability to work independently, as well as in a team setting.
• Experience working under pressure and to tight deadlines with the ability to prioritise projects and workload.

Responsibilities

• Governance - Ensure that an effective, embedded and consistently applied governance structure is in place. This includes governing Key Risk Indicators (KRIs), review and challenge validity of commentary, monitoring by looking for trend anomalies (spikes/dips) or other issues requiring investigation.
• Controls Testing - Conduct rigorous design effectiveness reviews and operating effectiveness testing of financial crime controls, utilizing defined methodologies to assess their ability to prevent, detect, and report financial crime activities. Document findings, exceptions, and provide clear recommendations for control enhancement.
• Audit Self-Identified Issue (SII) & Incident processes - Compliance to the firm’s Audit/SII and incident escalation process. Ensure operational risks are proactively identified and managed end to end through effective implementation of the ORM framework.
• Risk Culture - Design and deliver a risk culture improvement programme to promote transparency & awareness of risk. Deliver the controls agenda and monitor risk relative to Operational Risk (OR) appetite.
• Work in collaboration with multiple first and second line functions (inc. Regulatory Management Group (RMG), Anti financial Crime (AFC), Operational Risk Management (ORM), Business and 1LOD to ensure that all documentation related to Findings are accurately documented and evidence is fully validated to support closure
• Support with the timely and effective remediation of risk and control issues. Also, support Risk Owners to determine Key Controls or Control Gaps for the Unit.

Skills

Audit

Controls Testing

AML

Sanctions SME

Risk management

Communication

Analytical

Independent working

Job description

Role Description

• The Divisional Control Office (DCO) for KYC Ops and Business Financial Crime is responsible for monitoring, managing, and mitigating Operational Risk across the group. This includes supervision of the implemented risk and control strategy providing a consolidated view of operational risks for KYC including reporting of key issues, cyclical activities such as review of finding closures (internal and externally raised), control testing, incident research, remediation monitoring and other deep dive reviews.
• This role presents a unique opportunity to have responsibility for global deliverables across the Risk and Control framework for 1LoD Business.

What well 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

• Governance - Ensure that an effective, embedded and consistently applied governance structure is in place. This includes governing Key Risk Indicators (KRIs), review and challenge validity of commentary, monitoring by looking for trend anomalies (spikes/dips) or other issues requiring investigation.
• Controls Testing - Conduct rigorous design effectiveness reviews and operating effectiveness testing of financial crime controls, utilizing defined methodologies to assess their ability to prevent, detect, and report financial crime activities. Document findings, exceptions, and provide clear recommendations for control enhancement.
• Audit Self-Identified Issue (SII) & Incident processes - Compliance to the firm’s Audit/SII and incident escalation process. Ensure operational risks are proactively identified and managed end to end through effective implementation of the ORM framework.
• Risk Culture - Design and deliver a risk culture improvement programme to promote transparency & awareness of risk. Deliver the controls agenda and monitor risk relative to Operational Risk (OR) appetite.
• Work in collaboration with multiple first and second line functions (inc. Regulatory Management Group (RMG), Anti financial Crime (AFC), Operational Risk Management (ORM), Business and 1LOD to ensure that all documentation related to Findings are accurately documented and evidence is fully validated to support closure
• Support with the timely and effective remediation of risk and control issues. Also, support Risk Owners to determine Key Controls or Control Gaps for the Unit.

Your skills and experience

• Substantial and relevant experience in a global banking environment.
• Strong preference for candidates with Audit, Controls Testing or 2nd line Assurance experience.
• Knowledge of the risk and control frameworks required
• AML, Sanctions SME skills are strongly preferred
• Strong communication, analytical and interpersonal skills.
• Client focused approach and ability to react quickly to changing demands
• Ability to work independently, as well as in a team setting
• Experience working under pressure and to tight deadlines with the ability to prioritise projects and workload

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.