Product Lifecycle Risk Manager, AVP

Deutsche Bank AG; Mumbai; On-site; INR 1,000,000 - 1,700,000; Full time

Job summary

Deutsche Bank AG in Mumbai, India, is seeking a Product Lifecycle Risk Manager at AVP level to lead risk governance across the product lifecycle. You will shape the New Product Approval framework, ensure regulatory compliance, and partner with Business, Investment, Risk, Compliance, Legal and Operations to drive robust decision-making.

The role requires a university degree and at least five years in asset management or product governance, strong analytical and communication skills, and

Qualifications

• University degree in Business Administration, Finance, Economics or related field with ≥5 years in Asset Management or Product Governance.
• Strong understanding of product lifecycle management and governance in regulated financial services.
• Experience with governance workflows, tool implementation, automation, and regulatory change.

Responsibilities

• Manage and develop Product Risk processes, policies, controls and governance frameworks across the product lifecycle.
• Enhance the New Product Approval (NPA) framework with prioritisation and dependency management.
• Perform independent 2LoD reviews of NPA submissions and identify material risks and control gaps.
• Own and further develop the NPA platform and governance tooling with system enhancements and scalable workflows.
• Coordinate Product Governance activities across Business, Investment, Risk, Compliance, Legal, Operations and other controls.
• Support governance committees and contribute to global Product Lifecycle initiatives through reporting and process transformation.

Skills

Product governance

Risk management

Governance frameworks

Stakeholder management

Analytical skills

Communication skills

Excel

PowerPoint

Process automation

AI tools usage

Education

Bachelor's degree in Business Administration/Finance/Economics

Tools

Excel

PowerPoint

Word

Job description

## **Job Description:****Job Title: Product Lifecycle Risk Manager****Corporate Title: Assistant Vice President****Location: Mumbai, India****Role Description*** Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.* Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.* We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’.* As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career. **About DWS Investment Risk*** The Chief Risk Office within DWS is an independent function responsible for protecting the business as well as being a trusted adviser and partner for supporting sustainable business growth.* As part of the Chief Risk Office, Investment Risk provides independent oversight and challenge of risks arising from DWS fiduciary activities, including the governance of investment products throughout their lifecycle.* The Product Life Cycle Risk Team is responsible for the New Product Approval framework, related policies, procedures, controls and governance tooling. The team works closely with Business, Investment, Product Management and control functions to support robust, transparent and regulatory-compliant product decisions. **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*** Manage and further develop Product Risk processes, policies, controls and governance frameworks across the product lifecycle, ensuring consistent, scalable and effective standards.* Manage and continuously enhance the New Product Approval (NPA) framework, including transparent prioritisation of initiatives and effective management of dependencies across the product pipeline.* Perform independent 2LoD reviews of NPA submissions and support the relevant Risk Type Heads in assessing and signing off product initiatives, including the identification, challenge and escalation of material risks and control gaps.* Own and further develop the NPA platform and related governance tooling, driving system enhancements, process automation and scalable workflow solutions.* Coordinate Product Governance activities across Business, Investment, Risk, Compliance, Legal, Operations and other control functions to ensure initiatives are complete, decision-ready and progressed effectively through the governance process.* Support governance committees and contribute to global Product Lifecycle initiatives through management information, decision materials, governance records, regulatory implementation and process transformation.**Your skills and experience*** University degree in Business Administration, Finance, Economics or a related discipline, or equivalent professional experience, with at least five years of relevant experience in Asset Management, Product Governance, Product Management, Risk Management, Compliance, Operations, Regulatory Change or a related governance or control function.* Strong understanding of investment products, asset management operating models, product lifecycle management and Product Governance frameworks within a regulated financial services environment.* Knowledge of relevant regulatory requirements, with the ability to assess regulatory developments and translate their impact into appropriate governance processes, policies and controls.* Strong analytical and problem-solving skills, with proven ability to independently review and challenge complex product initiatives, identify material risks and control gaps, and formulate clear, practical recommendations.* Experience managing or enhancing governance processes, workflows and control frameworks, including translating governance requirements into system enhancements and supporting tool implementation, testing, migration or automation initiatives.* Excellent communication, stakeholder management and organisational skills, with the ability to prepare concise materials for senior stakeholders and committees, constructively influence cross-functional teams and deliver high-quality outcomes across competing priorities.* Strong proficiency in Microsoft Excel, PowerPoint and Word; experience with data analytics, reporting tools or process automation solutions is advantageous **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.