Credit Risk Data Unit - Risk Data Control Associate
Deutsche Bank AG
Manila, Philippines
11d ago

Deutsche Knowledge Services (DKS) operates as a shared service center for Finance, Global Business Services and IT. A wholly owned subsidiary* of the Deutsche Bank Group, operating out of the Philippines, DKS provides accounting, reporting, profit and loss, cost, reconciliation, MIS, risk control, information technology and operations services (including confirmations and settlements) to internal businesses worldwide.

Position Overview

About Credit Risk Data Unit

Risk Close and Analysis (RC&A) provides support to ensure integrity and transparency of reportable Finance Risk information.

It optimizes, governs, maintains and ensures the efficient and effective operation of the Finance Risk close end to end processes for all relevant metrics.

RC&A also contributes to the maintenance of the relevant Finance Risk systems to enable optimal feed processes from Business and Infrastructure sub-ledgers.

Credit Risk Data Unit - Risk Data Control Associate

The Credit Risk Data Unit group provides quality assured, and timely Finance relevant Risk information and analysis to key stakeholders in a transparent and controlled manner covering the end to end processes for all relevant metrics in an efficient and regulatory compliant way.

This role is for the Global Risk Data Control group, whose operating model spans a number of teams across multiple locations covering all the main regions of Group Finance.

Each region has production and control teams in the cost effective locations of Manila or Pune, and is coordinated by regional leads within the onshore relationship management teams from London, New York or Frankfurt.

This role is for the Global Risk Data Control group whose operating model spans a number of teams across multiple locations covering all main regions of Group Finance.

Each region has production and control teams in the cost effective locations of Manila or Pune, and is coordinated by regional leads within the onshore relationship management teams in London, New York or Frankfurt.

The group is further responsible for processing all relevant feeds and required adjustments to positions in the strategic systems so that data flow to the Regulatory reporting systems is of good quality-

this data includes transactions, collateral and facilities for regulatory reporting purposes from core strategic source systems and non-

strategic sources (manual feeds) for all asset classes and business areas contributing to the monthly process. This function handles the processing of all relevant data sets from the risk feeds, branch ledger and sub ledgers required to perform the reconciliations for all asset classes and business areas required within the monthly process, as well as the production of the reconciliations in line with control checks and the posted balance sheet using the platforms developed.

The group also handles the distribution of detailed break templates to respective contacts in product control, gathering commentary and working with stakeholders to understand root causes and resolve breaks.

In the role of a Risk Data Control Associate, you will be the Subject Matter Expert (SME) for risk data control processes handled including feeds processing, Consolidation Reconciliation Expansion Submission (CRES) versus financial reconciliation, counterparty mapping process, etc.

For this you will have to ensure that data loaded to the group regulatory reporting systems is complete, accurate, validated and mapped to key reference data systems for the purposes of group regulatory reporting, coordinate with the credit risk office / management team in processing of internal ratings and rating methodology in FDW on a timely basis to ensure accurate risk and regulatory reporting.

You will have to perform and update supervisory Quality Assurance (QA) checks per Service Level Agreement (SLA) on services delivered by the team, perform production processes as needed during unscheduled leaves, stabilization of processes during platform changes and other Business Continuity Plan (BCP) scenarios.

In this capacity you will be the first point of escalation for team issues, coordinate and escalate outstanding issues to the Team Lead and Operations Manager and support teams as needed, monitor progress of its resolution and implementation.

You will have to support the Team Lead in the conduct of post-mortem team meetings to review performance metrics, identify key issues, propose and drive action plans to resolve or mitigate said issues, as well as ensure proper load balance amongst team members.

Corollary to this role you will have to ensure and assist team resiliency through cross-trainings and backups, and provide feedback to the Team Lead on performance objectives and individual performance of resources.

You will have to review Management Information Systems (MIS) pack production / distribution, trend analysis and associated reports for key stakeholders around key process indicators, monthly submissions and the aforementioned data quality.

You will have to liaise with change teams for a remediation’ book of work based on diagnostics performed around data quality issues and processes, help drive initiatives to improve existing processes, controls, and outputs, and conduct regular review for updates made to process documentation.

For this requirement you will need to have a Bachelors degree in any Finance or Information Technology-related course, and preferably be CPA or CIMA qualified.

You will need to have relevant work experience in either Banking Operations, Business Process Reengineering, Project / Change Management gained from either the Audit or Finance industry.

You will need to have a proven track record in leading a team. You will need to have an understanding of accounting, investment banking products (i.

e. Debt, Equities, Derivatives), and Credit Risk concepts, and preferably be knowledgeable in Global Markets financial products.

You will need to have strong reconciliation experience, and possess strong quantitative analysis skills. You need to have advanced skills in MS Applications (i.

e. Excel, Word, Powerpoint, Access), and preferably be familiar with working with SQL. You will need to have strong communication skills, be detail-

oriented, innovative, collaborative and possess the ability to work in a fast paced environment.

In return, Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Deutsche Bank does not accept unsolicited curriculum vitae from third party vendors.

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