Business Control Testing Specialist, AVP

Job Description:

Job Title: Business Control Testing Specialist, AVP

Location: Mumbai, India

Corporate Title: AVP

Role Description:

PB 1LoD Control Testing is a key pillar of Deutsche Bank’s risk management framework, providing independent assurance over the design adequacy and operating effectiveness of controls across the Private Bank. As part of the team, you will plan and execute risk-based control testing to assess adherence to applicable laws, rules, regulations and internal standards. You will partner with business and control functions to communicate testing outcomes, agree practical remediation actions and support sustainable control improvements, including collaboration with other testing teams on cross-jurisdictional reviews. The role also requires the use of data analysis, analytical tools and AI technology to enhance testing coverage, efficiency and insight, while applying appropriate professional judgment.

About Deutsche Bank:

Deutsche Bank is the leading German bank with strong European roots and a global network. We’re driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients’ real economic needs in commercial banking, investment banking, private banking and asset management. We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.

About the business division

Private Bank combines Deutsche Bank’s private client’s business in Germany and its international business with private and commercial clients together with Wealth Management in a single division.

In both the domestic German market and worldwide the Private Bank provides high-quality advice to ~20 million clients and a broad range of financial services in many countries – ranging from day-to-day banking services right through to advisory services for sophisticated Private Banking and Wealth Management clients. In Italy, Spain, Belgium, and India the Private Bank offers its services to corporate clients as well as small and medium-sized enterprises.

The Private Bank is a strong pillar of the Group: a modern bank that boasts capital markets and financing expertise, a strong global network, and modern digital services.

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

• Undertake testing activities according to deadlines agreed and the standards defined in the global testing framework.
• Perform regular design and operational effectiveness testing on controls managing Operational Risk/Compliance risks.
• Proactively engage with the business to agree issues and remediation actions resulting out of testing activities.
• Communicate testing results via high-quality reports and track issues and actions to completion.
• Establish and maintain effective communication channels and working relationships with the relevant stakeholders in the business and other control functions (e.g. Internal Audit, Risk, Controls etc.) to ensure a coordinated approach and effective resolution of issues.
• Proven ability to use approved AI and data analytics tools.

Your skills and experience

• Good knowledge of the banking/ financial markets business, its rules and regulations in Europe and Global and deep understanding of operational and compliance risks.
• 8+ years of experience gained from Compliance, Audit, Risk or other types of regulatory background within the financial services industry.
• Strong work ethic, commitment to excel and capacity to work effectively with limited supervision
• Structured and detail-oriented with strong analytical and problem-solving skills
• Excellent writing, communication and negotiation skills, including the ability to describe complex issues clearly and succinctly in ways that are easily understandable by others.
• University Degree

Personal Characteristics:

• Delivery-focused, able to support deliverables to deadlines
• Eagerness to learn and adapt to new situations and processes
• Ability to learn quickly and think laterally
• Strong Team Player skills as well as demonstrated capability to own tasks
• Driven and able to handle day-to-day routine as well as cope with shifting priorities to meet needs and demands

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:

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.

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.