ORM New Business Office - Mumbai Risk Centre, Associate

In Scope of Position based Promotions (INTERNAL only)

Job Title: ORM New Business Office - Mumbai Risk Centre, Associate

Location: Mumbai, India

Role Description

• Operational Risk Management (ORM) is a department within the Chief Risk Office division. As a Second Line of Defence function, ORM 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 role will sit within the newly formed New Business Office, whose core mandate is to govern risk identification, analysis, management, and approval relating to new business, new products, initiatives, and major change projects.

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

The key responsibilities for the role include-

• Assisting in the day-to-day management and escalation of issues within the risk management and approval processes up to and including approval of new business, new products, initiatives, and transformation risk.
• Supporting Post Implementation Reviews.
• Supporting the New Business Office to understand the strategic pipeline to ensure appropriate risk assessments and approvals are conducted ahead of Go-Live. To include designing processes to capture and report the pipeline.
• Supporting the New Business Office to ensure the correct level of scrutiny is achieved depending on risk profile impact.
• Contribute in the preparation & finalization of the New Product Forum deck
• Provide input and support to the NBO Future State programme as required.
• Responding to regulatory and audit requirements as required.
• Working closely with colleagues in the Framework & Audit and Control Execution Offices as required.
• Ability to proactively work across diverse groups of stakeholders
• Willingness to take on new tasks as required within the team

Your skills and experience

Relevant, essential qualifications/skills/experience/qualities-

• 3-5 years’ experience in business, finance, risk management, consulting, or similar role within financial services.
• Comprehensive understanding of the transactions and financials products offered by a Tier 1 investment bank as well as the supporting infrastructure and controls.
• Be proactive and have the ability to manage competing priorities, and a willingness to take on new tasks as required within the team.
• Ability to develop strong working partnerships with all businesses and infrastructure functions across the bank.
• Ability to proactively work across a diverse groups of stakeholders within a complex organisation and to quickly develop strong working relationships with a broad range of functions
• Capacity to grasp complex concepts and present them in an appropriate manner to the target audience.
• Experience with audit related queries or regulatory requirements is beneficial
• Excellent Verbal and Written Communication Skills.
• Team player and motivated
• Able to cope well under pressure and with tight deadlines

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.html

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.