Technology - Wealth Management Technology Risk & Control Specialist - AVP

  • Competitive
  • Singapore
  • Permanent, Full time
  • Deutsche Bank APAC
  • 01 Oct 16

Technology - Wealth Management Technology Risk & Control Specialist - AVP



Technology

Our technology teams are responsible for the Bank's entire information technology ("IT") infrastructure, and the development, implementation, and protection of the software required to support all of the Bank's businesses. We move over EUR 1.6 trillion across the Bank's platforms, support thousands of trading desks, and enable millions of banking transactions, share trades and emails every day.

With award-winning mobile banking apps and trading systems, our technology platforms help Deutsche Bank deliver high quality products to clients. Naturally, we make sure that the phones work, emails are delivered and PCs run - but we also develop collaboration platforms and workspaces that help our people share their knowledge, expertise and passion for our business.

Developments in technology are changing the way we communicate, work and think. Join us here, and you'll constantly be looking ahead. We'll look to you to capitalize on new technological trends that can reshape our business and deliver value for our clients, whilst still meeting the demands of customers, regulators and the markets.

Position Overview

Role Description - Summary:

The Regulatory Risk & Control Specialist is responsible for delivering specific aspects of the risk and control strategy for their own division. The incumbent is responsible for the design and execution of risk and control initiatives and processes including operational risk programmes and legal/regulatory programmes. The role is also responsible for the identification and tasking of in-depth analysis of risk clusters and potential strategic resolution, targeting the optimal point of risk-cost-ratio.

The incumbent defines risk tolerance together with line management and monitors the overall adherence to the risk and control strategy. In addition, the person will design, implement and monitor components of the control environment and ensure continuous improvement based on divisional and best practice standards.

Where appropriate, the Regulatory Risk & Control Specialist manages and oversees remediation projects as a member of the respective steering committee and/or working group and has responsibility for the quality of project execution and outcomes. The incumbent will liaise with other central functions regularly, including all audit related items, on a management level to ensure all audit points are tracked, reported and resolved as per Audit Governance framework.

Responsibilities:

  • Ensure all audit items raised are tracked, reported and monitored in a timely manner and no RED flags are raised against the function
  • Responsible for chairing the internal risk meetings and tracking action items post meetings
  • Key contact for global teams in the region for all Risk & audit related matters
  • Ensure complete Audit Governance and compliance to all risk related framework for all Technology projects
  • Manages regulatory risk and control programmes in line with the defined risk tolerance and approach including regulatory risk and control self assessment, KRI implementation/validation.
  • Responsible for completion of quality assurance assessments, e.g. in preparation for upcoming audits, and/or execution of legal/ regulatory or Group programmes
  • Proactively manages internal and external audit processes. Validates factual correctness of issues and individual management action plans for quality
  • Initiates independent reviews to identify, highlight and document risk issues and ensures follow up
  • Advises senior stakeholders on the set-up and execution of risk programmes and outcomes
  • Managers feedback to regulatory risk and control-related policies/standards and initiates change where needed
  • Responsible for accurate reporting from range of source tools and systems on a regular and ad-hoc basis

People Management
  • Supports the development of an environment where people management and development is the number one priority. Coaches direct reports and others in the organisation, as appropriate
  • Actively supports the business strategy, plans and values, contributing to the achievement of a high performance culture
  • Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
  • Acts as a role model for new employees, providing help and support to facilitate early integration and assimilation of their new environment

Role Competencies (Business)
  • Risk Management
  • Industry Knowledge

Role Competencies (Technical)
  • Business Analysis
  • Client Services
  • Operational management
  • Process development & management
  • Quality management

Education/Certifications
  • Degree from an accredited college or university (or equivalent)
  • Certification from any local regulatory body (or equivalent) preferred
  • 6-Sigma Green Belt Certification, preferred

Experience/Exposure
  • Relevant experience in Project Management
  • Relevant experience in a minimum of two of the following fields: operational risk management, regulatory programme management, information security, data protection, quality management (CMMI, ITIL or 6-Sigma)
  • General financial markets experience
  • Excellent analytical skills to evaluate problem, root cause and inform/test resolution
  • Excellent team worker, able to work in virtual global teams in a matrix organization
  • Ability to work in fast paced environment and keep pace with technical/operational innovation
  • Good communication skills, fluent in English (written/verbal) and local language as appropriate


Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.