Divisional Risk and Control Lead VP

Position Overview

Job Title- Divisional Risk and Control Lead, VP

Location- Mumbai, India

Role Description

• The VP, Head of Control Execution India is responsible for leading a team focused on the execution of control activities and managing collateral-related control support.
• This role is crucial for the hands-on implementation of the control framework, ensuring that control execution, collateral management support, and reporting functions operate effectively and efficiently.
• The role requires close and effective collaboration with onshore teams, which retain responsibility for the conceptual design and methodology of the relevant processes and controls.

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

Control Execution

• Lead and manage the team responsible for the day-to-day execution of credit risk controls
• Oversee control activities, control testing, and remediation efforts to ensure appropriate output quality and adherence to standards.
• Provide dedicated control support to Credit Risk Management (CRM) processes.

Collateral Management Support

• Oversee data analysis and reporting functions related to Collateral Management.
• Support the monitoring, maintenance, and recertification of the control framework for collateral management processes.

Team Leadership / Collaboration

• Build and manage the Control Execution team, which includes both existing team members and new roles.
• Develop talent, maintain high standards of quality and output, and foster a culture of precision, innovation and continuous improvement.
• Work closely with onshore control owners and conceptual teams to ensure that day-to-day control execution is aligned with approved control design, methodology, escalation standards and quality expectations

Your skills and experience

Experience:

• Significant progressive experience in financial services, with a strong background in risk management, control functions, or collateral management.
• Demonstrated ability to lead operational teams and manage control execution processes within a financial institution.
• Proven experience in process management and delivering high-quality outputs.

Education:

• Bachelor's degree in business administration, Finance, Economics, Data Science, or a related field.

Core Competencies

• Execution Excellence:Strong ability to drive the execution of control processes, deliver results, and manage team tasks effectively.
• Risk Management:Solid understanding of credit risk management principles and internal control frameworks.
• Analytical Prowess:Ability to conduct and oversee data analysis and reporting, particularly for Credit Risk Management functions.
• Leadership:Proven ability to lead and develop a team, developing talent and fostering a culture of precision and innovation
• Stakeholder Management:Ability to effectively manage relationships with internal stakeholders to ensure alignment and operational effectiveness. Strong ability to collaborate across locations with onshore conceptual owners, senior stakeholders and offshore execution teams, ensuring clear accountability, alignment and timely resolution of issues.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

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:

We strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.