GEM-GFX Business Control Unit, AVP

Job Title: GEM-GFX Business Control Unit

Location: Mumbai, India

Corporate Title: AVP

Role Description

• The role is an extension of the onshore Global Emerging Markets (GEM) and Global Foreign Exchange (GFX) Business Control Unit team.
• The Control function plays an important role in monitoring, managing and mitigating the Non-Financial Risk of their respective businesses.

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

• Take full ownership of Level 1 controls such as Trader Mandates, Book access recertification, NPA breach reviews, Benchmark controls, etc. Driving on-going execution and timely escalation. This includes managing the end-to-end lifecycle of these controls, from initial implementation to ongoing monitoring, ensuring effective closure, and maintaining robust governance.
• Proactively monitor and address all Front Office Key Risk Indicators (KRIs), including Audit Findings, Self-Identified Issues, NPAs, and Compliance testing findings. Investigate root causes, develop and implement remediation plans, and track progress to ensure timely and effective resolution.
• Lead the remediation of audit, regulatory, and compliance findings, taking ownership from action plan development to closure documentation and validation. This includes actively collaborating with 2LOD/3LOD functions, driving the remediation process, and ensuring findings are thoroughly addressed and sustainably resolved.
• Take ownership on wider GEM-GFX control and non-financial risk tasks in support of the wider GEM-GFX risk-control objectives, with opportunity to drive risk-control and/or governance forum execution in line with Book of Work Priorities.
• Ability to analyze large datasets for risk identification and control effectiveness assessment. Conduct in-depth investigations, draw conclusions, and provide data-driven insights to support control design improvements and inform management decisions. Develop visualizations and reports to communicate complex data findings effectively – preferably using data analytical tools like Power BI/ Tableau/ etc.

Your skills and experience

• Postgraduate qualification in Finance from a reputable institution with 8-12 years of relevant experience
• Proven ability to design and monitor effective controls to mitigate identified risks. Experience in implementing and documenting these controls across various business processes.
• Experience and understanding of Non-Financial Risk / Operational Risk management and assessment processes, preferably with knowledge of Fixed Income Currency products.
• Proven ability to identify control deficiencies, document findings, develop remediation plans, and track progress to closure. Experience in escalating issues to the appropriate levels of management
• Strong interpersonal and excellent verbal and written communication skills. Experience in conducting and driving meetings with senior stakeholders.
• Able to work as part of a global team.
• Strong analytical skills, including the ability to analyze large datasets to identify trends, anomalies, and control weaknesses. Experience using data analysis tools (e.g., Excel, Tableau, Power BI).
• Strong analytical skills and ability to formulate clearly and present information in a compelling manner.
• Confident to question the status quo business practice / existing control framework

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.