Associate- Divisional Risk and Control- Equities

  • Deutsche Bank
  • Mumbai, Maharashtra, India
  • Jul 18, 2017
Full time Risk

Job Description

Global Markets
Global Markets combines the sales, trading and structuring of a wide range of financial markets products.

This incorporates Debt Trading, including FX, Rates, Credit, Structured Finance and Emerging Markets; Equities and equity-linked products; Exchange-traded and over-the-counter derivatives and Money Market and securitised instruments.

Coverage of institutional clients is provided by the Institutional Client Group, while Research provides analysis of markets, products and trading strategies for clients.


Position Overview



Deutsche Bank is committed to being the best financial services provider in the world. An inspirational employer with the platform to lift careers to the next level, we foster a diverse, inclusive environment that encourages new ideas. An outstanding opportunity now exists to join the pool of talented professionals with the Bank.


DB Centre (DBC) is Deutsche Bank’s investment banking centre in India. It is a wholly owned subsidiary of Deutsche bank. DBC works very closely with Deutsche Bank hubs to deliver cutting edge investment banking services for the “Corporate & Investment Bank (CIB)” franchise of Deutsche Bank. The teams in DBC will be front office teams acting as virtual extensions of the business in DB hubs like London, New York, Hong Kong.

Hire Details

A system of effective business owned internal controls (L1 Controls) is a critical component of bank management and a foundation for the safe and sound operation of banking organisations. Such a system can also help to ensure that the bank will comply with the regulatory environment as well as policies, internal rules and procedures, and decrease the risk of unexpected losses or damage to the bank’s reputation.


Global Equities is seeking to hire a qualified professional in Mumbai to provide business support in building effective business controls working closely with Business Control Unit (BCU) covering Global deliverables.

Build Internal Business Controls

  • Work very closely with BCU on implementing internal Level 1 Controls (e.g. Inventory Management / External Brokerage)
  • Should be able to anticipate issues and gaps related to processes / controls and proactively escalate to Regional/Global BCU for arriving at solutions, which can strengthen the environment
  • Review and analyse NFR / Supervisory metrics and ensure controls / mitigation measures are put in place
  • Support Regulatory queries / adhoc analysis as agreed with onshore
  • Understand and work with daily deadlines in delivering control related tasks
  • Build risk and control awareness for self by working very closely with BCU and Business Managers
  • Contribute towards process efficiencies / Strategic deliveries and suggest improvements where feasible


Operational Risk Metrics / Management MI / Governance

  • Build a robust control environment for Equities(Globally) focussing on Audit points, Self-Identified Issues and CCF actions, which involve regular tracking of open items & escalation for overdue items ensuring timely closure
  • Running key L1 controls for the platform (e.g. Short sell controls / OTC Trade Reporting)
  • Coordinating important governance forums like Audit Governance, BaRC meetings for the business
  • Developing key MI / presentations to facilitate the various EXCO / BOAT / other Governance forums
  • Develop tools which can enhance risk reporting process front to back from data collection / maintenance, production and analysis of metrics
  • Monthly review of Key Risk Indicators (KRIs) and escalation to Sr. management (if necessary) to maintain hygiene across the platform and drive down RWA capital charges
  • Manage ad-hoc projects around operational risk and supervision


The ideal candidate should have experience within a financial services environment and should demonstrate the following:

  • Flexible to work EMEA hours
  • Ability to navigate within the organisation and understand the importance of timely escalation is critical
  • Strong academic background with good inter-personal skills/ability to communicate succinctly with onshore stakeholders
  • Ability to work well under pressure & always with a professional demeanour
  • Ability to multi-task, strong problem-solving and decision-making skills
  • Advanced competency in Microsoft Excel and Power-point is essential
  • Good analytical skills, high attention to detail, solid organisational and interpersonal skills
  • Able to work independently, as well as in a team environment, prioritising multiple tasks meeting strict deadlines
  • Excellent communication skills, both written and verbal


The following will be considered as a significant advantage:

  • Knowledge of Global Regulations
  • Equities product and system knowledge.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability. Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.