Operational Risk Management (ORM) - Environmental, Social & Governance (ESG) Specialist, AVP

Job Description:
Job Title: Operational Risk Management (ORM) - Environmental, Social & Governance (ESG) Specialist
Corporate Title: Assistant Vice President
Location: Mumbai, India
Division Overview:
The Chief Risk Office function has Group-wide responsibility for the management and control of all credit, market, operational, reputational, 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.
Operational Risk Management (ORM’) is a department within the Risk Division. As a Second Line of Defence function, ORM is responsible for oversight across all aspects of non-financial risk, including risk identification and assessment, control framework, risk appetite and scenario analysis.
The role sits in the OR Environmental, Social & Governance (‘ESG’) and Reputational Risk Framework team. The team is responsible for the integration and ongoing risk management of ESG within the ORM frameworks, including the associated policies, policy adherence, metrics, reporting and minimum control standards.
Role Description
The role plays a key part in embedding ESG and Reputational Risk within the Bank’s Operational Risk Management framework. It supports the development, implementation and oversight of relevant policies, controls, metrics and governance, while coordinating with senior stakeholders across businesses and control functions on framework enhancements, policy adherence and regulatory or audit matters.
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
Supporting the continued integration of ESG into the Bank's operational risk control frameworks, including scenarios, the thematic approach with controls and metrics, and contextual data.
Ongoing development and monitoring of the Operational Risk framework related to ESG.
Playing a key role in:
The ownership of the associated ESG and reputational risk policy documents
Policy adherence across the ESG and reputational risk space
Associated ESG and risk reporting
The setting of minimum control/governance standards across ESG and reputational risk
Working closely with the Reputational Risk and ESG team, and respective ORM ESG leads, on changes to the respective frameworks and with the Mumbai team on framework adherence and reporting.
Supporting Reputational Risk activities, including framework enhancements, governance and reporting, and coordination of policy adherence and issue remediation.
Other tasks include: building relationships with key stakeholders across businesses and control functions; ESG change-the-bank projects; supporting responses to Audit and Regulatory queries across the ORM ESG and reputational risk landscape, and closing associated Audit and regulatory findings relating to ESG and reputational risk frameworks.
Your skills and experience
5 – 8 years’ experience in the financial sector with similar analysis and risk roles in the operational risk space
Demonstrable experience in an ESG-related risk and controls focused role in the financial sector
Strong knowledge of key regulations related to ESG (CSRD, CSDDD, EU Taxonomy etc) and experience in implementation requirements.
Excellent senior stakeholder management skills, ability to build constructive partnerships with diverse stakeholders and challenge where required
Strong people management skills, including the ability to coach and develop colleagues, delegate effectively and coordinate delivery across geographically dispersed teams.
Ideally operational risk experience and knowledge, particularly from a framework, risk and controls perspective
Ability to work across a diverse group of stakeholders within a complex organisation and to quickly develop strong working relationships with a broad range of functions
Demonstrated ability to convey complex ideas clearly and effectively both verbally and in writing to diverse audiences, including stakeholders, teams and senior management
Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
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.