DCO – Divisional Findings Management

Job Description :

Job Title : DCO Divisional Findings Management

Location : Mumbai

Role Description

Divisional Control Office (DCO) team ensures that the division operates with high levels of integrity. It is responsible for supporting the business by developing, implementing and maintaining a risk culture to ensure a strong and sustainable business control environment whilst minimizing risk arising from non-financial risk factors.

DCO strategy includes improving the risk management information and strengthening the governance and risk culture.

The CB DCO has functional responsibility for Audit and Regulatory governance, providing a central point of oversight over the Corporate Bank Finding and Supervisory Obligations portfolio.

DCO delivers consistent portfolio reporting to senior management to enable their understanding of the risk profile and the impact of control and process deficiencies.

This includes supporting audit finding owners / control owners to specify remedial action plans to sustainably address control gaps and a level of review to confirm original gaps are closed, with appropriate evidence that will be sustainable in the long term.

What we will 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)
• Flexible working arrangements
• 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
• Oversee the Corporate Bank’s portfolio of Findings and Supervisory Obligations 200 items. Provide MIS and commentary through the Corporate Bank’s findings governance program to divisional stakeholders and senior management fora.
• Create quarterly status reporting for Supervisory Authorities
• Provide support and guidance to the Finding Owners / Project Managers on best practice finding management, risk management and Policy requirements
• Design and perform tests to assess Design and Operating Effectiveness of controls and processes implemented to close control deficiencies
• Ensure a high quality of documentary evidence is recorded in the Global Findings Management System (golden source data) for consumption by internal and external stakeholders
• Deliver high quality Global Governance decks and reporting trends to support senior management
• Assist the business lines capturing Self-Identified Control gaps, review and challenge remediation plans and ensure alignment across the bank’s process, control and risk taxonomies
• Perform numerous recurring control processes that ensure the quality of findings data for downstream processes and reporting

Your Skills & Qualifications :
• Ability to question existing control framework and provide solutions to strengthen controls
• Strong quantitative and analytical skills
• Knowledge related to risk management and IB products, processes and systems preferred
• Familiarity with DB organization a plus, but not mandatory
• Strong project management skills and a proactive team partner
• Influencing, negotiation skills and stakeholder management expertise
• Strong verbal and written communication skills
• Proficiency with automating tasks in Excel to improve efficiency a plus, but not mandatory

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