Senior Risk Manager - NFRM Adherence, VP

Deutsche Bank AG; Mumbai; On-site; INR 2,500,000 - 3,500,000; Full time

Benefits offered by this job

Flexible leave policy

Childcare assistance benefit

Accident and life insurance

Hospitalization insurance

Job summary

A leading global bank is seeking a Senior Risk Manager for its Non-financial Risk Management team in Mumbai. As a VP, you will manage a team focused on Quality Assurance and ensure adherence to risk frameworks. The role involves collaboration across various teams and requires a strong background in risk management and quality assurance in finance. Ideal candidates will have over 10 years of experience and relevant certifications.

Qualifications

• 5+ years of experience in managing Quality Assurance teams.
• 10+ years of experience in risk management, consulting, or audit.
• Relevant certifications in Risk Management or Audit preferred.

Responsibilities

• Manage a senior team of 3 AVPs and their responsibilities.
• Develop feedback mechanisms for the NFRM framework.
• Create and maintain Quality Assurance processes for NFRM.

Skills

Quality Assurance management

Risk management

Communication skills

Proficiency in MS Excel

Analytical skills

Education

University degree in Economics, Finance, Maths, or Natural Sciences

Tools

MS PowerPoint

MS Excel

MS Word

Job description

Senior Risk Manager - NFRM Adherence, VP page is loaded## Senior Risk Manager - NFRM Adherence, VPlocations: Mumbai Nirlon Knowledge Pk B1: Pune - Business Baytime type: Full timeposted on: Posted 30+ Days Agojob requisition id: R0381251## **Job Description:****Job Title- Senior Risk Manager - NFRM Adherence, VP****Location- Mumbai****Role Description**The DWS Non-financial Risk Management (NFRM) team is part of the DWS Chief Risk office within the DWS CFO division.The DWS Chief Risk office is a dedicated risk oversight and control function, independent from the Front Office and mandated to manage financial, non-financial and investment risks for DWS Group and its subsidiaries.DWS NFRM acts as 2nd line of defense (2LoD) Risk Control Function with the current mandate:* Develop, establish and assure qualitative, effective and consistent framework for Non-financial Risk Management and specific NFR risk types* Oversee NFR remediation and adherence to risk appetite and tolerance* Coordinate integrated NFR reporting* Act as Risk Type Specialist for several non-financial risk types* Manage Operational Risk CapitalYou will setup and lead the DWS NFRM Quality Assurance team based in India reporting to a London based director. As a subject matter expert designing and performing NFRM Quality Assurance activities, you will be responsible for creating and managing processes to assess and track (remediation of) NFRM framework adherence. You will work in partnership with all 3LoD (e.g., risk owners, Divisional Control Office, Chief Security Office, Internal Audit, the global NFRM team and related 2nd line functions like Compliance and AFC).**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 a senior team of 3 AVPs (functional and legal manager)* Develop a strong understanding of the NFRM framework and provide feedback on ongoing changes - to support effective / efficient Non-financial Risk Management* Create a robust Quality Assurance process across the NFRM Framework (incl. controls), to support the effective monitoring / reporting of DWS Non-financial Risk Appetite* Manage Quality Assurance processes across all elements of the NFRM Framework and controls (including substantive testing)* Manage relationship with / challenge DWS and DB stakeholders across 1st and 2nd LoD on ongoing Quality Assurance activities, and remediation* Create and manage the process to provide ongoing management reporting of Quality Assurance results and planned activity* Engage with ongoing NFRM Framework programs and senior stakeholders to ensure Quality Assurance activities are effectively embedded**Your skills and experience*** University degree (Economics, Finance, Maths, Natural Sciences, or equivalent)* Experience of setting up and managing Quality Assurance teams (5+ years) in financial services or in audit, is a prerequisite* Experience (10+ years) in risk management in the finance industry, consulting, audit, and regulatory frameworks (e.g MaRisk)* Relevant professional certifications are a plus (Risk Management Certificates, Auditor, etc.)* Knowledge of Asset Management is a plus* Proficiency in MS PowerPoint, Excel, and Word* Excellent communication and presentation skills* Ability to take initiative and constructively challenge the status quo* Strong team player and collaborative mindset* Strong English written and verbal communication skills**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 needsPlease visit our company website for further information:We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.At DWS, we’re capturing the opportunities of tomorrow. You can be part of a leading, client-committed, global Asset Manager, making an impact on individuals, communities and the world.In an ever-changing landscape, markets face a new set of pressures – but here, we see the opportunity in challenges. Opportunity to invest responsibly; to create change. Whether it’s collaborating to discover innovative solutions or exploring your curiosity to develop new skills – at DWS, we support you to achieve your goals.As the world continues to evolve, we do too. Join us, and you can shape our transformation. You can collaborate with industry thought-leaders, gaining new and diverse perspectives. You can share ideas and be yourself. You can drive innovative and sustainable solutions that influence markets and behaviours for the better.This is your chance to lead an extraordinary career.This is your chance to invest in your future.