RDA&RR Independent Validation - Assistant Vice President

Job Title: RDA&RR Independent Validation

Location: Mumbai, India

Corporate Title: AVP

Role Description

• This role sits within NFRM which works in conjunction with the Divisional Risk and Finance teams to operationalise / ensure adherence to the RDA&RR compliance framework, and to achieve compliance to BCBS 239. The RDA&RR Independent Validation Lead will review and provide independent validation / quality assurance over the measurement and monitoring activity in the Risk and Finance divisions (for their Key Risk Metrics and Key Risk Reports).
• The Basel Committee for Banking Supervision (BCBS) published a regulatory directive titled “Principles for Effective Risk Data Aggregation and Risk Reporting” in 2013, which DB and all other global systemically important banks (G-SIBs), must comply with.
• DB has defined a compliance framework that reinforces and strengthens practices in risk data aggregation and risk reporting - to improve the quality of information used for key risk decision-making, and ultimately to evidence compliance to the principles in BCBS 239

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

We are seeking a risk professional to join our second-line risk function with a focus on BCBS 239 compliance and adherence. This role will be responsible for ensuring the bank’s data risk management, governance, and reporting frameworks align with BCBS 239 principles across Risk, Finance and Treasury divisions of the bank. The individual will work closely with first-line risk, data governance, compliance, and senior stakeholders to drive regulatory adherence and enhance risk data aggregation and reporting capabilities

• Assist the Independent Validation (IV) Manager in the delivery of the Independent Validation function mandate, against objectives.
• Provide Quality Assurance and Oversight on divisional adherence to RDARR framework
  • Lead and manage divisional adherence to the RDA&RR Standards and Guidance.
  • Validate gaps to RDARR framework are appropriately identified and co-ordinate with division and remediation manager
  • Lead and manage the annual artefacts recertification across relevant divisions
  • Support the IV Manager in performing the Group wide Self-Assessment including portal governance
• Contribute to the design and execution of policies, procedures, and control frameworks to strengthen risk data aggregation and reporting
• Support the development of risk reporting frameworks that improve accuracy, completeness, and timeliness of risk-related data
• Senior stakeholder engagements - Chair / active participation in meetings with divisional stakeholders/ risk committees and forums as required.
• Act as a key liaison with regulators, internal audit, and senior risk committees to demonstrate compliance with BCBS 239 requirements

Your skills and experience

Provide a maximum of 5 bullet points detailing relevant, essential qualifications/skills/experience/qualities

• University degree or equivalent professional experience.
• Experience: 7+ years in risk management, regulatory compliance, data governance, or related functions within financial services.
• Regulatory Knowledge: Strong understanding of BCBS 239 principles and their application in banking risk management.
• Experience in Quality Assurance over Risk Frameworks and Controls.
• Stakeholder Management: Ability to engage with senior management, regulators, and cross-functional teams.
• Analytical Skills: Strong problem-solving and analytical skills to assess regulatory compliance and data risks.
• Technology & Tools: Familiarity with data governance tools, risk reporting systems, and regulatory technology solutions

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.