GFCT Business Control Unit, AVP

9608 Deutsche India Private Limited, Mumbai Branch; India; On-site; INR 3,000,000 - 4,200,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Childcare assistance reimbursement

Certifications sponsorship

Employee Assistance Program

Hospitalization Insurance for you &amp

Life Insurance

Health screening for 35+ years

Job summary

Deutsche Bank in Mumbai invites applications for AVP role in GFCT Business Control Unit. The incumbent will support onshore Global GFCT Business Management & Control activities, monitor and mitigate FIC operational risk, and liaise with desk heads and DCO on BAU controls.

The role requires 4-7 years in banking in regulatory/operational risk domains, strong communication, and advanced Excel/PowerPoint skills. Training and career development are emphasized, with a broad benefits program.

Qualifications

• MBA in Finance or CA with relevant experience.
• 4-7 years work experience in banking domain working on regulatory projects/operational risk management/audit of controls and related processes.
• Strong interpersonal and excellent verbal and written communication skills.
• Experience in conducting and driving meetings with senior stakeholders.
• Strong computer skills, especially handling large data, databases and Excel.
• Advanced proficiency in Word and PowerPoint.
• Strong analytical skills and ability to present information clearly.
• Ability to question status quo and understand trade lifecycle of FIC products.

Responsibilities

• Operate and oversee GFCT Business Control Unit (BCU) controls.
• Annual Client Interaction Inventory Review.
• Book Access - Employee Transfer Review.
• Commitment Letters.
• Population Completeness and Good to Sign (GTS) Sampling.
• Competitive Bids - Annual Review.
• Complaints Handling.
• Entitlements control.
• External legal counsel review.
• Inducement Log Annual Compilation & Certification.
• Marketing Materials Review.
• NPA T+1 Breach Control.
• Liaison with Desk heads and DCO on BAU controls.
• Provide analytical support to the BCU team and senior management.
• Audit portfolio remediation and tracking of audit findings to closure.
• Support various GFCT governance forums.

Skills

Stakeholder communication

Analytical skills

Advanced Excel

PowerPoint

AI tools usage

Data analysis

Education

MBA in Finance

CA with relevant experience

Tools

Excel

PowerPoint

Job description

Job Title: GFCT Business Control Unit, AVP

Location: Mumbai, India

Role Description

The role is an extension of the onshore Global GFCT Business Management & Control team. The Control function is an important role in monitoring, managing and mitigating FIC Operational Risk.

What well offer you

Benefits

• 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

• Operate and oversee GFCT Business Control Unit (BCU) controls, including but not limited to:
• Annual Client Interaction Inventory Review
• Book Access - Employee Transfer Review
• Commitment Letters
• Population Completeness and Good to Sign (GTS) Sampling
• Competitive Bids - Annual Review
• Complaints Handling
• Entitlements control
• External legal counsel review
• Inducement Log Annual Compilation & Certification
• Marketing Materials Review
• NPA T+1 Breach Control
• Reminder to lead banker that has deals on the bank's watch list
• Syndicate Deal Checklist (GFCT)
• Trader Mandate Breach - Review and Validation
• US Best Execution Control
• US Swaps Timeliness Control
• Volcker - Limit Breach Alerts - Review
• Trader Mandates - Assist with maintaining trader mandates for businesses within GFCT, review trader mandate breaches and exception reports.
• Manage all aspects of Front Office Operational risk including operational and financial integrity issues, Self-Identified Issues, Audit Findings, Compliance testing findings, etc.
• Liaison with Desk heads and DCO on various level BAU 1 controls, support a variety of controls which ensure the business is managed on a run-the-bank basis (e.g, Marketing Materials & Pitchbook controls, Client Complaints controls, Information barrier controls).
• Provide analytical support to the BCU team and senior management decision making.
• Audit portfolio remediation and tracking of audit findings towards closure, assist in administrative processes in Audit tracking system.
• Support the business led Risk & Control Self Assessment.
• Support a variety of GFCT governance forums from pre-meeting, meeting and post-meeting through assistance with production, review, enrichment and analytics tasks.
• These include Volcker Business Control Forum, global Operational Risk Meeting, UK Senior Management Function meetings, 1LOD Surveillance meeting, FIC Non-Standard Margin Forum, Business Selection Forum, and a number of others.

Your skills and experience

• MBA in Finance from a premier institution or a CA with relevant experience.
• 4-7 years work experience in banking domain working on regulatory projects/ operational risk management/ audit of controls and/ or associated processes, etc.
• Strong interpersonal and excellent verbal and written communication skills.
• Experience in conducting and driving meetings with senior stakeholders.
• Strong computer skills, particularly in dealing with high volume of data, management of databases and Excel.
• Advanced exposure to Word and Powerpoint is must.
• Strong analytical skills and ability to formulate clearly and present information in a compelling manner.
• Confident to question the status quo business practice / existing control framework.
• Knowledge of Trade Lifecycle of FIC Products (front to back) would be an added advantage.
• 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 well 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 .