Third-Party Control Assurance Analyst, AVP

Job Description

: Job TitleThird-Party Control Assurance AnalystCorporate TitleAssistant Vice PresidentLocationBangalore, India Role description The Third-Party Control Assurance Analyst is responsible for supporting the Bank with the execution of control assurance process for the relevant third-party vendors in line with the defined policy, process and guidelines. The analyst will be coordinating with relevant internal and external stakeholders to assess and verify third-party vendor control effectiveness to meet the organizations control requirements. The role is essential for monitoring third-party risks and enabling risk mitigation to protect the organization. What well offer you 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Accident and Term life Insurance Your Key Responsibilities: Conduct outreach to relevant internal stakeholders and third-party vendors to initiate the assurance process and gather responses to the assurance testing questionnaire including other necessary information. Support Service Owners and Vendor Managers in organizing governance meetings and preparing agenda to ensure continuous third-party vendor risk monitoring. Provide ongoing support to Service Owners and Vendor Managers by participating in governance meetings and answering queries related to Assurance Testing. Perform due diligence on third-party vendor by assessing gathered responses according to the defined internal process and guidelines. Escalate identified gaps to relevant Assessment Teams or 2LoD Risk Type Controllers. Assign risk scores to the third-party vendors according to the defined scoring matrix. Create and publish Assurance Testing risk assessment reports which outline identified risks, mitigation actions and outcomes. Support with setting up and conducting Assurance Testing training sessions for internal stakeholders such as Service Owners and Vendor Managers. Your Skills & Experience: Professional experience in either audit, risk management, compliance, procurement are an advantage Understanding of third-party risk management framework, processes and best practices Have a strong appreciation of risks, regulatory requirements and controls generally and in particular in the vendor outsourcing and service delivery environment Analytical, problem-solving and critical thinking abilities Ability to diagnose improvement areas across processes, tools and systems Excellent oral and written communication skills Relationship building and stakeholder management skill set How well support you About us and our teams Please visit our company website for further information: https://www.db.com/company/company.htm 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.