CRO - Non-Financial Risk Management - Director

Details of the Division and Team:    

The Chief Risk Office (CRO) function has Group-wide responsibility for the management and control of all credit, market, operational, enterprise and liquidity risks and has the responsibility of continual development of methods for risk measurement, frameworks and creating a bank wide strong risk culture.  Deutsche Bank has been named Bank Risk Manager of the Year by the leading publication risk.net for the second consecutive year (2020 & 2021).

Non-Financial Risk Management (NFRM) is a department within the CRO function. As a second line of defence function, NFRM is responsible for oversight across all aspects of non-financial risk, including risk identification and assessment, control framework, risk appetite and scenario analysis.

The purpose of the NFRM function is to ensure that the banks Non-Financial Risk exposure is adequately managed in-line with the group wide risk appetite and NFRM framework. To achieve this the NFRM function requires:

• Risk Managers with the right balance of experience, seniority and tools to assess complex risks and intervene where they lie outside the bank’s risk appetite.

• A comprehensive, integrated, simple and easy to use NFR Framework with supporting technology that assists risk identification, assessment and remediation.

• Strong understanding of the businesses combined with regular engagement which would allow NFRM to provide support, review and challenge in line with the 3 Lines of Defence Model.

• Close coordination with all Second Line Risk Type Controllers to facilitate the production of a holistic view of NFR.

• Proper consideration of emerging risks, rather than just current issues.

• Effective governance combined with supporting MI that facilitates decision-making.

NFRM is a matrix organisation with NFR risk type and regional specialist axes.

What we will offer you:         

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible benefits plan including virtual doctor consultation services

• Comprehensive leave benefits

• Gender Neutral Parental Leave

• Flexible working arrangements

• 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities:

This role will lead the Emerging Asia regional team in NFRM.  The individual will be a strategic leader tasked with leading the development the respective frameworks.  This will require strong engagement with stakeholders in 1LoD as well as within NFRM with risk type SMEs, Framework and Portfolio Management team.

We would require you to undertake the following:

• Leadership for the Emerging Asia team within NFRM. Provide strategic leadership with leading the oversight of the 1st line with a focus on Business Processes and Resiliency. 

• Responsible for material non-financial risk risk type in coverage countries.

• Regional lead for Third Party Risk, Data & Records, and Operational Resilience and Business Continuity. 

• Business line engagement for countries of coverage and regional lead for Corporate Bank.

• Partnering across NFRM with key stakeholders to develop insight into the key risk themes that are impacting the 1st line

• Lead the review and challenge of NFRM risk themes into the CB and escalation of key concerns to 2nd line for in the region.

• Provide support for the 1st line where required on adoption of NFRM risk frameworks

• Provide regulatory and external leadership of the topics, focusing on the risk management needs.

Your skills and experience:

• Minimum 10 years of experience in Financial Institutions with exposure to Corporate Banking or Investment Banking

• Proven experience in Operational Risk and the implementation across financial industry and can strategically lead such topics with key stakeholders

• Proven experience in Third Party risk management, Operational Resilience and/or Data & Records, its implementation across financial industry and can strategically lead such topics with regulators.

• Minimum 3 years in managing a team

• Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 Lines of Defence model

• Worked with Senior Stakeholders within a high pressure dynamic environment.

• Appreciation of the regulatory environment and more broadly the regulator perspectives on supply chain risk management

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

How we’ll support you:        

• Flexible working to assist you balance your personal priorities

• 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

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

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.