Job Title: Head of NFRM Business process and data error (Director)

Corporate Title: Director

Location: Mumbai, India

Role Description

The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the banks Non-Financial Risk exposure is adequately managed in-line with the group wide risk appetite and NFRM framework. To achieve this the NFRM function requires:

• Risk Managers with the experience, seniority and tools to assess complex risks and intervene where they lie outside the bank’s risk appetite.
• A comprehensive, integrated, simple and easy to use NFR Framework with supporting technology that assists risk identification, assessment and remediation.
• Strong understanding of the businesses combined with regular engagement which would allow NFRM to provide support, review and challenge in line with the 3 Lines of Defence Model.
• Close coordination with all Second Line Risk Type Controllers to facilitate the production of a holistic view of NFR.
• Proper consideration of emerging risks, rather than just current issues.
• Effective governance combined with supporting MI that facilitates decision-making.

NFRM is a matrix organisation with business / region and functional specialist axes.

The role a business aligned NFR manager has within NFRM is to work with a specific business area and manage NFR according to the 3 Lines of Defence model and the NFR mandate. Specifically, they perform independent oversight of the implementation of the Group's NFRM Framework within the Business Divisions and Infrastructure Functions and independently assess material risks and/or key controls (as required), providing challenge, approval or veto as appropriate.

What we’ll offer you

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect

• Flexible benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Flexible working arrangements
• 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities

This role will lead Business Process & Data Error team in NFRM.The individual will be a strategic leader tasked with leading the development the respective frameworks. This will require strong engagement with stakeholders and in particular the Heads of NFRM Risk SMEs, the NFRM Framework teams and NFRM Business Aligned and Regional functions.

Key responsibilities include

• Leadership for the development of the Business Process & Data Error theme framework across the group.
• Partnering across the group with key stakeholders to develop the Business Process & Data Error theme, with particular focus on developing alignment with other 2nd line / Risk SME functions.
• Provide the leadership of 2nd line oversight of the transaction processing risk practices and any other risk types contributing to business process & data error across the group using a risk based approach. Focus being provide on key residual risks and regulatory issues.
• Provide regulatory and external leadership of the topics, focusing on the risk management needs.
• Leadership of the Business Process & Data Error theme change programme, including related governance forums
• Manage a global team

Your skills and experience

• Minimum 15 years experience in a similar role within financial services
• Strong understanding of business processes in a large financial institutions
• A robust understanding of Operational Risk / Non-Financial Risk Management principles and practices
• Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 Lines of Defence model
• Worked with Senior Stakeholders within a high pressure dynamic environment
• Appreciation of the regulatory environment in the business and more broadly the regulator perspectives on non-financial risk
• Strong communication skills
• Manage a global team

How we’ll support you

• 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
• Training and development to help you excel in your career
• Coaching and support from experts in your team

About us and our teams

Please visit our company website for further information:

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

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.