Operational Risk Management (ORM) - Environmental, Social & Governance (ESG) Specialist, AVP

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

Benefits offered by this job

Leave policy

Parental leaves

Childcare reimbursement

Certifications sponsorship

Employee Assistance Program

Health insurance

Life insurance

Health screening

Job summary

Deutsche Bank in Mumbai seeks an Operational Risk Management ESG Specialist at AVP level toembed ESG and reputational risk into ORM practices. You will coordinate with senior stakeholders across businesses, drive policy adherence, and enhance governance with data-driven metrics.

The role emphasizes ESG integration, risk reporting, and regulatory alignment within a complex bank structure. Ideal candidates bring 5-8 years in financial risk, strong ESG regulatory knowledge (CSRD, EU Taxonomy) and

Qualifications

• 5-8 years' experience in financial sector with ESG/reputational risk focus.
• Strong knowledge of ESG regulations (CSRD, EU Taxonomy) and implementation requirements.
• Ability to engage senior stakeholders and coordinate across functions.

Responsibilities

• Support ESG integration into ORM frameworks, including controls, metrics and data context.
• Develop and monitor ESG-related Operational Risk framework and reporting.
• Own ESG and reputational risk policy documents and ensure policy adherence.
• Coordinate with Reputational Risk and ESG leads, and Mumbai team on framework adherence and reporting.
• Support audit/regulatory responses and issue remediation related to ESG and reputational risk.

Skills

ESG risk management

Stakeholder management

Regulatory knowledge

Risk controls

AI tools usage

Job description

Job Description:

Job Title: Operational Risk Management (ORM) - Environmental, Social & Governance (ESG) Specialist

Corporate Title: Assistant Vice President

Location: Mumbai, India

Division Overview:

The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, reputational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture.

Operational Risk Management (ORM') is a department within the Risk Division. As a Second Line of Defence function, ORM is responsible for oversight across all aspects of non-financial risk, including risk identification and assessment, control framework, risk appetite and scenario analysis.

The role sits in the OR Environmental, Social & Governance ('ESG') and Reputational Risk Framework team. The team is responsible for the integration and ongoing risk management of ESG within the ORM frameworks, including the associated policies, policy adherence, metrics, reporting and minimum control standards.

Role Description

The role plays a key part in embedding ESG and Reputational Risk within the Bank's Operational Risk Management framework. It supports the development, implementation and oversight of relevant policies, controls, metrics and governance, while coordinating with senior stakeholders across businesses and control functions on framework enhancements, policy adherence and regulatory or audit matters.

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

Supporting the continued integration of ESG into the Bank's operational risk control frameworks, including scenarios, the thematic approach with controls and metrics, and contextual data.

Ongoing development and monitoring of the Operational Risk framework related to ESG.

Playing a key role in:

• The ownership of the associated ESG and reputational risk policy documents
• Policy adherence across the ESG and reputational risk space
• Associated ESG and risk reporting
• The setting of minimum control/governance standards across ESG and reputational risk
• Working closely with the Reputational Risk and ESG team, and respective ORM ESG leads, on changes to the respective frameworks and with the Mumbai team on framework adherence and reporting.
• Supporting Reputational Risk activities, including framework enhancements, governance and reporting, and coordination of policy adherence and issue remediation.

Other tasks include: building relationships with key stakeholders across businesses and control functions; ESG change-the-bank projects; supporting responses to Audit and Regulatory queries across the ORM ESG and reputational risk landscape, and closing associated Audit and regulatory findings relating to ESG and reputational risk frameworks.

Your skills and experience

• 5 - 8 years' experience in the financial sector with similar analysis and risk roles in the operational risk space
• Demonstrable experience in an ESG-related risk and controls focused role in the financial sector
• Strong knowledge of key regulations related to ESG (CSRD, CSDDD, EU Taxonomy etc) and experience in implementation requirements.
• Excellent senior stakeholder management skills, ability to build constructive partnerships with diverse stakeholders and challenge where required
• Strong people management skills, including the ability to coach and develop colleagues, delegate effectively and coordinate delivery across geographically dispersed teams.
• Ideally operational risk experience and knowledge, particularly from a framework, risk and controls perspective
• Ability to work across a diverse group of stakeholders within a complex organisation and to quickly develop strong working relationships with a broad range of functions
• Demonstrated ability to convey complex ideas clearly and effectively both verbally and in writing to diverse audiences, including stakeholders, teams and senior management
• 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 informat