Global Head of FRT Resiliency - Mumbai, India - 9478 Deutsche India Private Limited

    9478 Deutsche India Private Limited
    9478 Deutsche India Private Limited Mumbai, India

    1 week ago

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    Full time
    Description

    Description

    The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, 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. Deutsche Bank has been named Bank Risk Manager of the Year by the leading publication for the second consecutive year (2020 & 2021).

    NFRM is a department within the Risk Division. As a second line of defense function, NFRM is responsible for oversight across all aspects of non-financial risk (NFR), including risk identification and assessment, control framework, risk appetite and scenario analysis.

    The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the banks Non-Financial Risk exposure is adequately managed in-line with the group wide risk appetite and NFRM framework. To achieve this the NFRM function requires:

  • Risk Managers with the right balance of experience, seniority and tools to assess complex risks and intervene where they lie outside the bank's risk appetite.
  • A comprehensive, integrated, simple and easy to use NFR Framework with supporting technology that assists risk identification, assessment and remediation.
  • Strong understanding of the businesses combined with regular engagement which would allow NFRM to provide support, review and challenge in line with the 3 Lines of Defence Model.
  • Close coordination with all Second Line Risk Type Controllers to facilitate the production of a holistic view of NFR.
  • Proper consideration of emerging risks, rather than just current issues.
  • Effective governance combined with supporting MI that facilitates decision-making.
  • NFRM is a matrix organisation with business / region and functional specialist axes.
  • What we'll offer you

    A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.

    You can expect:

  • Hybrid working arrangements with the opportunity to work in the office and remotely from home
  • Competitive salary and non-contributory pension
  • 30 days' holiday plus bank holidays, with the option to purchase additional days
  • Life Assurance and Private Healthcare for you and your family
  • A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
  • The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year
  • Your key responsibilities

    This role will lead RDARR self assessment team and also provide oversight of the Finance and Risk resiliency, within NFRM. The individual will be a strategic leader tasked with leading the oversight of the 1st line with a focus on RDARR self assessment and its evolution. This will require strong engagement with stakeholders and in particular the Head of 239, Data and Records, who oversees the overall theme of BCBS239.

    We would require you to undertake the following:

  • Leadership for the development of the RDARR (risk data aggregation and reporting risks) self assessment framework across the group and delivery of the annual report to the senior management forums
  • Partnering across the group with key stakeholders to complete the BAU activities associated with maintaining the RDARR portal, eg metric inventory, measurement points.
  • Lead development of the RDARR Portal to support regulatory requirements
  • Provide the leadership of 2nd line oversight of RDARR related practices across the group using a risk based approach. Focus being provide on key residual risks and regulatory issues.
  • Lead the review and challenge of NFRM resiliency risk themes across CRO and CFO, with escalation of key concerns to 2nd line fora.
  • Provide regulatory and external leadership of the topics, focusing on the risk management needs.
  • Managing a team.
  • Your Skills and experience

    We would expect you to have:

  • Understanding BCBS239 requirements linked to risk data aggregation and reporting risks and the implementation across financial industry and can strategically lead such topics with regulators.
  • Knowledge of key financial risk reporting activities and underlying processes (focus on risk and finance themes)
  • Strong understanding of self assessment frameworks and the underlying practices.
  • Knowledge of the divisional operating models and ability to translate business strategic changes into areas of emerging risks to support mitigation
  • A robust understanding of Non-Financial Risk Management principles and practices
  • Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 Lines of Defence model
  • Worked with Senior Stakeholders within a high pressure dynamic environment.
  • Appreciation of the regulatory environment in the business and more broadly the regulator perspectives on risk data aggregation and reporting
  • Experience managing a team.
  • How we'll support you:

  • Training and development to help you excel in your career
  • Flexible working to assist you balance your personal priorities
  • A culture of continuous learning to aid progression
  • A range of flexible benefits that you can tailor to suit your needs
  • We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)