RDA&RR Independent Validation - Associate

In Scope of Position based Promotions (INTERNAL only)

Job Title: RDA&RR Independent Validation - Associate

Location: Mumbai, India

Role Description

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.

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).

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 child care assistance benefit (gender neutral)
• Flexible working arrangements
• 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

Provide a maximum of 5 bullet points detailing key accountabilities, managerial/leadership responsibilities, day to day activities and systems that will be used

• Assist the Independent Validation Manager in the delivery of the Independent Validation function mandate, against objectives.
• Take responsibility of governance for compliance framework adherence by several Risk or Finance divisions:
  • Ensure divisional adherence to the RDA&RR Standards and Guidance.
  • Validate gaps to BCBS 239 are appropriately identified and co-ordinate with division and remediation manager to link these to remediation (including existing Global Technology projects, or new projects).
  • Lead and manage the annual artefacts recertification across relevant divisions.
• Identify opportunities to enhance RDA&RR Governance, Policy and Framework. Where necessary take the lead in defining enhancements to the issued Standards and Guidance (or level 3 Policy).
• Actively supports the business strategy, plans and values, contributing to the achievement of a high-performance culture
• Chair / active participation in meetings with divisional stakeholders as required.
• Presentation as required (e.g. Senior Management updates, RDA&RR Divisional forums).
• Responsible for dealing with issues and escalations (where relevant).
• Adhoc MI as required

Your skills and experience

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

• University degree or appropriate professional experience.
• Understanding / experience of the financial services industry with a track record of excellence.
• Experience of working within Financial Risk either from a risk data aggregation or risk reporting perspective.
• Understanding of the regulatory environment, frameworks and compliance requirements associated with financial services.
• Experience of Quality Assurance and/or Audit Assurance.
• Strong influencing and relationship management skills, including with senior stakeholders.
• Ability to think outside given procedures and processes, questioning, and analysing current practices combined with an ability to innovate and provide creative solutions.
• Excellent knowledge of analysis and communication tools i.e. outstanding Microsoft Office skills, especially 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.