Controls Testing & Assurance Lead, VP

In Scope of Position based Promotions (INTERNAL only)

Job Title: Controls Testing & Assurance Lead, VP

Location: Mumbai, India

Role Description

• Deutsche Bank’s Compliance Testing (“CT”) Team, an assurance function within Controls Testing & Assurance (CT&A), conducts testing on the design and operating effectiveness of the Firm’s control framework to manage its Compliance Risk and adhere to applicable regulation and the Bank’s policies. CT also helps confirm that control gaps are adequately escalated and mitigated through remedial actions.
• The role is for the Compliance Testing Lead for DBAG India reporting to the APAC and MEA head of Controls Testing & Assurance. The role is in Mumbai

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

• Collaboration with various Compliance stakeholders to ensure the implementation of adequate and effective testing program for APAC that meet both BaFin and local regulatory requirements.
• Execution and co-ordination of end-to-end local mandatory testing including Risk Based Supervision (RBS) Tranche III testing.
• Leading the execution of the testing program for L1 controls, potentially including reviews at the non-hub offices; the opportunity for travel to other jurisdictions may be available
• Ensuring that all issues raised in CT have adequate remediation plans that are tracked and escalated promptly and appropriately;
• Developing relationships with the relevant Business Management offices, Divisional Control teams and Infrastructure functions;
• Sharing best practice and learnings with CT colleagues locally/regionally/globally;
• Managing the development and maintenance of appropriate Management Information to inform Senior Management of pertinent matters, in line with global Deutsche Bank/Compliance/CT standards;
• Engaging regularly with relevant businesses, Business Line Compliance and other colleagues to remain abreast of developments as it pertains to CT; ensuring stakeholders are aware of the likely impact on the controls testing program and implementing changes where necessary; and
• Leading and participating in any ad-hoc projects and tasks as necessary.
• Leading a team, planning their careers, motivating the team members for an execution mindset

Your skills and experience

• Minimum of 10-15 years’ experience in a Compliance function primarily in compliance/assurance testing within Corporate and Investment Bank, with 2-3 years people management experience.
• Good understanding and application of compliance risks and the ways in which the risks will crystallize in practice, so as to be able to test adequacy and effectiveness of the Compliance Risk Management framework implemented to address those risks.
• Proven investigative and analytical mindset & skills – enquiry, analysis, interviewing, testing; well versed with technology and applications that can be utilized for assurance testing.
• Ability to work within a matrix management structure, effectively working closely with multiple managers.
• Good drafting skills, including the ability to record and describe complex issues clearly and succinctly, in a way that is easily understandable by any recipient of the relevant reports.
• Strong attention to detail and ability to identify changes and impact of any changes to documents, systems and processes in the context of compliance risks, remediation required, etc.
• The drive, discipline and enthusiasm to work independently under pressure.
• Able to quickly understand complex issues and set a course of action (that others are prepared to follow) to meet specific goals.
• Strong verbal, written and presentation skills.
• Proactive – will seek to find the right solution and options to issues within and outside their specific remit, without being prompted and within an appropriate matrix management framework.
• Assertive and engaging and able to quickly build and maintain effective working relationships.
• Strong collaborative team lead receptive to constructive criticism and a leader to facilitate exchange of ideas.
• Multi-cultural awareness and sensitivity.
• Ability to work with different review support and managers within Compliance Testing.
• Proficient in the use of Microsoft Outlook, Excel (i.e. organizing data sets), Word, and PowerPoint.

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 information:

https://www.db.com/company/company.htm

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.