In Scope of Position based Promotions (INTERNAL only)
Job Title: Stage3 ECL Associate
Corporate Title: Associate
Location: Pune, India
Role Description
Risk Data Validation & Control (RDV&C) team is responsible for quality assurance activities in relation
to critical, complex and technical risks and regulatory topics that affect Deutsche Bank (DB). RDV&C
are part of the Credit Risk Data Unit (CRDU) team within Group Finance and their key stakeholders
include but are not limited to:
- Business Finance
- Risk Management (CRM/MRM)
- Group Reporting
- Regulatory Policy Adherence Group
- Production IT Support
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
- Reconcile Stage3 Specific loss provisions between Risk & Finance system
- Ensure completeness & accuracy of Stage3 CLA/CLP reconciliation
- Perform quality assurance & explain FVA for Stage3 CLA/CLP
- Liaising with relevant stakeholders including CRM, BF & manage their queries related to CLA/CLP for stage3 loans.
- Coordination & communication with CRM, Business finance & Accounting close for remediation of month end production issues and to follow process controls
- Presentation of the Stage3 CLP reconciliation to senior audience across the Bank
- Change Book of Work - support the change BoW by engaging with business, CDO and IT on change Initiatives for strategic implementations and DQ remediation
- Providing subject matter expertise and analytics to support Finance and the Risk team regarding Stage3 CLA/CLP or initiatives e.g. optimization topics
- Data Quality – proactively manage the investigation and resolution of month end issues related to Stage3 loans.
- Support External, internal, ECB audit work as and when required
Your skills and experience
- Good Knowledge of credit risk & IFRS 9 regulatory requirements
- Understanding of ECL calculations
- Team management experience
- An analytical mindset and good approach to problem solving
- Experience of process change
- Strong interpersonal and communication skills
- Organized and structured working approach
- Strong attention to detail
- Reliable team player who enjoys working in an international environment
- Preferred IT Skills: Python, Advance Excel(VBA), Microstrategy, MS Access.
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.
Top Skills
What We Do
At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential.
We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity.
Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve.
Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background.
If you’re full of imagination, enjoy solving problems and respond positively to complex challenges, discover a career to look forward to and join us!
