Head of Model Risk Management, India - Director Deutsche Bank

8.0 - 12.0 years

0 Lacs

maharashtra

On-site

As the Head of Model Risk Management in India, your primary responsibility will be to oversee the MoRM function based in Mumbai. You will be tasked with managing the validation of models, ensuring they align with design objectives and intended purposes. Additionally, you will be responsible for monitoring and overseeing the models to maintain compliance with set appetites and limits, as well as supporting governance activities related to model risk. Your role will also involve defining the people strategy for MoRM in India, including recruitment, retention, and implementation of relevant measures to meet scorecard metrics. You will collaborate with Model Risk Managers and the Global Head of Governance, Control, & Analytics to agree on the Book of Work applicable to MoRM India. Furthermore, you will be accountable for the management and maintenance of operations within MoRM India, including the development and implementation of the Model Risk control framework to ensure internal and regulatory compliance. You will contribute to framework enhancements across the department and oversee the remediation of internal and regulatory findings related to covered models and areas. In addition to your specific responsibilities, you will be expected to comply with applicable laws and regulations, internal rules, and DB Group's risk strategy. You will act as an escalation channel, manage risks, oversee controls, represent the unit to stakeholders, and drive collaboration within and across units. As a leader, you will set a clear direction for the team aligned with the overall business strategy, manage performance systematically, ensure team members have regular career development discussions, and prioritize succession planning and continuous development. You will receive support through training and development opportunities, flexible working arrangements, coaching from experts, and a culture of continuous learning to aid in your career progression. The company promotes a positive, fair, and inclusive work environment where diversity is celebrated and success is shared among the team. For further information about the company and its teams, please visit our company website at https://www.db.com/company/company.htm. We strive for a culture of empowerment, responsibility, commercial thinking, initiative-taking, and collaboration to excel together every day as Deutsche Bank Group.,

Posted 3 days ago

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