Market Risk Data Governance , AVP

Role Description

Market & Valuation Risk Management (MVRM) provides an independent view of market risks to Deutsche Banks senior management and manages Deutsche Banks Market Risk position in an independent and neutral way.

The Market Risk Analysis and Control (MRAC) function is responsible for the provision of all official market risk metrics and core analysis in support of risk management decision making, on behalf of the Market Risk Management department.

The team has a global presence with staff located in London, New York, Berlin, Singapore, Mumbai and Pune.

This role is within the Market risk team in Mumbai, supporting data quality initiatives in the Data Quality and Governance team which is responsible for data governance, specifically ensuring BCBS 239 compliance for existing and new processes, Data management initiatives, automation of current manual processes, analysing and implementing governance processes for any changes in the production processes, or policies and support the compliance with BCBS239 regulation.

What we'll offer you

• As part of our flexible scheme, here are just some of the benefits that youll 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

Ensuring BCBS compliant status for all process at Market Risk

• Driving accurate and timely completion of recertifications (Compliance standards, Process Modelling, Data management artefacts, Stress Crisis Protocols, Lineage)
• Performing Annual BCBS 239 Self-Assessment for Market Risk metrics across Legal Entities
• Analysing KPI trends, defining remediations for non-green trends, presentation of the information to management
• Logging of Data quality issues and tracking to remediation
• Liaising with multiple teams, both internal and external to identify changes required in the governance processes for any changes/updates in the metrics production process, ensuring, compliance with the RDARR framework.
• Assessment and documentation of tangible benefits from the change process.

Evaluating production and governance processes, driving rationalization and automation.

• Identification of gaps in the current processes and ensure fixes are implemented.
• Drive to automate manual processes in the governance framework
• Preparation of the plan and tracking to ensure for efficient and effective execution of the changes.
• Present regular updates

Data Management

• Collaborate with cross-functional teams to promote data stewardship
• Understand and implement Core Data Standards
• Assist in the documentation and maintenance of data dictionaries and metadata repositories for Market Risk
• Ensure Data management artefacts are documented and updated.
• Perform Data analysisinvestigate and present details of lineage, completeness, and transformations via flows and processes

Compile reports

• Implementing the governance fora including scheduling of meetings, preparation of decks for meetings, taking minutes and following up for open actions
• Ad hoc reporting to support management requests
• Ensuring governance documentation (policies, DTP, etc) are updated regularly.

Your skills and experience

• University degree and appropriate professional experience.
• Experience of working with Market Risk either from a Data Management, Risk data aggregation or risk reporting perspective.
• A strong understanding of the regulatory environment, frameworks and compliance requirements associated with financial services.
• Excellent knowledge of analysis and communication tools
• Excellent data analytical and problem-solving skills.
• Excellent communication and interpersonal skills for collaboration with stakeholders.
• Ability to work independently and manage multiple projects simultaneously and deliver high quality results under tight deadlines
• Expected to have experience working with BCBS 239, data lineage, and upstream data providers.
• Experience in establishing governance frameworks for effective processes & performance oversight.
• Experience in the usage of Industry standard data management tools such as Sparx, Collibra and Solidatus is preferable
• Experience in translating Core Data Standards into practical implementation