Finance Control Oversight - Divisional Risk and Control Specialist

Deutsche Bank AG; Mumbai Suburban; Hybrid; INR 1,600,000 - 2,400,000; Full time

Benefits offered by this job

Best in class leave policy

Childcare leaves 100% reimbursement

Certifications sponsorship

Employee Assistance Program

Hospitalisation Insurance

Accident and Term life Insurance

Health screening

Job summary

Deutsche Bank AG in Mumbai, India, is seeking a Finance Control Oversight Specialist to strengthen risk and control governance across SOX and financial reporting. The role requires coordinating with Finance Control Owners, Operational Risk, and Audit teams to ensure accurate reporting, issue remediation, and timely governance updates.

The candidate will work in a hybrid Mumbai office setup, supporting risk-based reporting and control assessments while driving process improvements and regulatory

Qualifications

• Experience in Finance, Risk, Controls, Audit, SOX, Financial Reporting or related banking control function.
• Good understanding of financial reporting controls, SOX framework, control design & operating effectiveness concepts.
• Project management skills with ability to coordinate deliverables across multiple owners.

Responsibilities

• Support SOX and Financial Reporting Risk framework, including scoping, risk assessments, D&OE evaluations, certifications, deficiencies and remediation tracking.
• Coordinate governance of SOX deficiencies, SIIs, operational risk events and control failures with timely escalation and closure.
• Review and challenge financial reporting control outcomes, including Balance Sheet substantiation, disclosure risks and control exceptions.
• Prepare risk and control reporting for senior management and governance committees (D&OE, SOX, remediation status).
• Support Internal and External Audit engagements, coordinating walkthroughs, evidence requests, and remediation activities.

Skills

SOX

Financial Reporting

Risk Management

Control Testing

Audit

Education

Accounting/Finance degree

Tools

MS Office

SharePoint

PowerApps

Workiva

Job description

Job Description: In Scope of Position-Based Promotions

Job Title: Finance Control Oversight - Divisional Risk and Control Specialist

Corporate Title: Assistant Vice President

Location: Mumbai, India

Role Description

The Finance Control Oversight Specialist supports timely and accurate control reporting, financial reporting risk oversight and governance activities for senior management, auditors, and relevant stakeholders. The role involves supporting risk-based control reporting, SOX-related activities, control assessments, certifications, deficiency/event reporting, remediation tracking, and governance forum materials. The individual will work with Finance and control stakeholders to help ensure reporting is complete, consistent, and supported by appropriate documentation and evidence. The role requires a strong control mindset, analytical capability, and the ability to support multiple recurring deliverables within defined timelines.

What we’ll offer you

• Best in class leave policy.
• Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsored for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalisation Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

Support the execution of the SOX and Financial Reporting Risk framework, including SOX scoping, risk assessments, Design & Operating Effectiveness (D&OE) evaluations, management certifications, deficiency assessments, and remediation tracking. Coordinate the governance of SOX deficiencies, Self-Identified Issues (SIIs), operational risk events, and control failures, ensuring timely escalation, root cause analysis, remediation planning, and closure in accordance with policy requirements. Review and challenge financial reporting control outcomes, including Balance Sheet Substantiation results, disclosure-related risks, control exceptions, SAB108 assessments, and emerging themes that may impact the integrity of financial reporting. Prepare insightful risk and control reporting for senior management and governance committees, including D&OE results, SOX certification outcomes, deficiency metrics, event reporting, remediation status, and thematic risk analysis. Partner with Operational Risk Management, Finance Control Owners, Control Design Owners, and other stakeholders to support Risk & Control Assessments (RCA), maintain high-quality risk data, and ensure adherence to Financial Reporting Risk and SOX governance requirements. Support Internal and External Audit engagements, coordinating walkthroughs, evidence requests, control assessments, management responses, and remediation activities related to SOX and Financial Reporting controls. Drive continuous enhancement of the Finance control environment through thematic reviews, process deep-dives, lessons learned exercises, control standardization, automation initiatives, and participation in Finance transformation and regulatory change programmes.

Your skills and experience

Experience in Finance, Risk, Controls, Audit, SOX, Financial Reporting, or a related banking control function. Good understanding of financial reporting controls, SOX framework, control design and operating effectiveness concepts. Project management skills with ability to prioritize and coordinate deliverables across multiple owners. Proficient with MS Office, including Excel, Word, and PowerPoint. Ability to operate effectively within a global organization and work with teams across multiple entities. Ability to challenge existing processes and recommend control or process improvements where relevant. Degree in Accounting, Finance, or a related field.

Skills That Will Help You Excel

Understanding of control principles and practical application of controls in a front-to-back environment. Experience in financial services, financial reporting risk, regulatory reporting, control testing, SOx or Treasury / IB-related processes is beneficial. Strong written communication, analytical review, and stakeholder management skills. Exposure to workflow or reporting tools such as Workiva, SharePoint, PowerApps or similar platforms is beneficial.

Expectations

Employee hired into this role are expected to work from the Mumbai, India office in accordance with the Bank’s hybrid working model. Candidate should be open to work according to EMEA shift timing.

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)