In Scope of Position based Promotions (INTERNAL only)

Job Title: NFRM Framework - Mumbai Risk Centre, Associate

Location: Mumbai, India

Role Description

• The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the Bank’s Non-Financial Risk exposure is adequately managed in-line with the group wide risk appetite and NFRM framework.
• The New Business Office/Strategic Control Execution Framework team sits within NFRM and is responsible for the framework of the New Product Approval (NPA), New Transaction Approval (NTA) to ensure appropriate due diligence takes place prior to the implementation of any new product, business initiative or non-vanilla transaction, that all products are regularly reviewed along their Lifecycle and that potential risks are appropriately assessed and managed.
• This is a key role within the NBO / SCET Framework Team encompassing regionally, divisionally, and globally focused elements.

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

The key responsibilities for the role include-

• Ensure all New Business Office and Product Perimeter owned Policies and Procedures/Additional Guidance documents are written in accordance with the bank-wide policy standards (Policy Governance Group , NFRM Framework etc)
• Ensure timely consultation process which involves reviews / approvals of the changes made in the policy with relevant stakeholders across the bank
• Monitor the regular update and publication of these policies, identify, solve problems and continuously improve the process
• Work on closing Audit/Regulatory observations related to policies/procedures & action as required within the overall Findings timeframe.
• Collaborate with stakeholders to design framework and ensure alignment with strategic goals
• Ensuring timely oversight on all the policies and procedure related documents in order to have control on quality and nature of updates (policy, additional guidance document, Key operating document)
• Ability to proactively work across diverse groups of stakeholders
• Willingness to take on new tasks as required within the team

Your skills and experience

Relevant, essential qualifications/skills/experience/qualities-

• 5-7 years of experience into framework design, policy writing/editing , risk management & governance
• Proven experience in policy development, analysis, or a related role, with a strong understanding of policy-making processes/approvals
• Experience in writing documents as per bank wide standards
• Capacity to grasp complex concepts and present them in an appropriate manner to the target audience.
• Strong (senior) stakeholder engagement experience and ability to engage across global as well as  diverse group of cross functional stakeholders for review / update of policy documents
• Experience with audit related queries or regulatory requirements is beneficial
• Excellent Verbal and Written Communication Skills.
• Team player and motivated
• Able to cope well under pressure and with tight deadlines

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.