Product Owner, AVP

Job Description:

Job Title: Product Owner, AVP

Location: Pune, India

About DB Global Technology:

• A Passion to Perform. It’s what drives us. More than a claim, this describes the way we do business. We’re committed to being the best financial services provider in the world, balancing passion with precision to deliver superior solutions for our clients.
• This is made possible by our people: agile minds, able to see beyond the obvious and act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports this.
• Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile thinking is nurtured. And at every level agile minds are rewarded with competitive pay, support and opportunities to excel.

About the team:

• Non Financial Risk Management are an established organization within DB consolidating to legal, operational and Compliance risks and to support the business lines by analysing and assessing the risks in these areas and providing advice on documentation, procedures and controls, with a view to optimal management of these risks and to ensure that business develops harmoniously.

Group Technology (Development & Operations):

• Our Technology team pioneers technologies and re-engineers business processes to deliver exceptional levels of innovation and world-class client service. From moving trillions of Euros through a business every day to integrating two organizations after a major acquisition, we face the technological challenges caused by growth, market change and constant competition.
• With award-winning mobile banking apps and trading systems, our technology platforms help Deutsche Bank deliver best-in-class products to clients. Naturally, we make sure that the phones work, emails are delivered and PCs run - but we also develop innovative collaboration platforms and workspaces that help our people share their knowledge, their expertise and their passion for our business.
• Developments in technology are changing the way we communicate, work and even think. Join us here, and you’ll constantly be looking ahead. We’ll look to you to capitalize on new technological trends that can reshape our business and deliver value for our clients, whilst still meeting the demands of customers, regulators and the markets. 

Business Overview:

Non-Financial Risk Management (NFRM) manages the Bank’s non-financial risks. These include:

• Operational Risk: The risk of loss resulting from inadequate or failed internal processes, people and systems or from external events, and includes legal risks.

• Reputational Risk: The risk of possible damage to DB’s brand and reputation, and the associated risk to earnings, capital or liquidity arising from any association, action or inaction which could be perceived by stakeholders to be inappropriate, unethical or inconsistent with the Banks’ values and beliefs.
• NFRM defines the non-financial risk Framework to appropriately Identify, Assess, Mitigate, Monitor, Report and escalate non-financial risks.

The NFR Framework defines the consistent management of risk across over 100 non-financial risk types including:

• Information and Resilience risks (IRRM)
• Transaction Processing risks (TPR)
• Benchmark submissions risks
• Anti-Financial Crime risks

The NFRM Framework team is responsible for the development, maintenance, improvement and regulatory compliance of the overall NFR Framework. This includes:

• The principles, policies and procedure landscape
• Defining the roles and responsibilities across the bank for NFRM
• NFR governance across the bank
• The NFR tool set and capabilities, including: events, lessons learned, actions & tracking, scenarios and reporting
• Training, communication and implementation of the Framework components
• Independently assessing conformance for the implementation of the Framework

Role Description

• The successful candidate will play an important role in delivering change in Non-Financial Risk space. As a Product Owner, this person will be responsible for analyzing the Front-To-Back (F2B) business and functional requirements and data analysis; includes writing business requirement documents, functional specifications, data analysis, tracking issues, controlling change requests, and coordinating UAT including writing of test packs. 
• The position requires a person who understands the Operational and non-Financial Risk in investment banking domain, functional analysis, and programming is a plus, ability to think critically, analyze workflows and data, draw conclusions, suggest solutions to mitigate operational and non financial risk, improve efficiency and recommend automated solutions.
• This role also acts as the contact for the business divisions and technology solution providers for all aspects of solution identification.

What we’ll 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)
• 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

• Lead projects (Front-to-Back)
• Manage multiple projects simultaneously in Non-Financial Risk space.
• Understand the business flows, translating user requirements, and writing Business Requirements documents, Creating User Stories.
• Well Versed with waterfall and Agile Methodology, tools (Jama, Jira)
• Writing of functional specification documents
• Challenge the requirements where needed, explain these requirements to the functional analysts, QA and Dev. teams
• Collaborate closely with functional analysts and application owners as the business/functional counterpart in solution identification and estimations
• Support creation of business case(s) outlining cost impacts and value drivers of proposed solutions.
• Manage user acceptance testing and test case development/coordination with the business.
• Ensure that end users & support teams are correctly trained to use solutions being delivered by the project.
• Support Application Services teams in functional test case generation and test result validation.
• Document business and process flows
• Support implementation team and solve post go-live issues
• Creating presentations for senior management forums
• Coordinate and manage F2B UAT
• Gathering and interpreting market intelligence through interaction with internal stakeholders and participating in industry forums.
• Interacting with the Central Risk Control Teams, Internal/External Auditors to understand the Business requirements.
• Closely work with Dev team and understand the non-Functional requirements for NFRM applications/products.

Primary Working Relationships

• Project and Programme Managers
• Business Subject Matter Experts.
• Business Stakeholders and Auditors (internal/External)
• All levels of Global Technology

Your skills and experience

• 10+ years experience as a Product Owner and Business Analyst in an Investment Banking environment
• Subject matter expertise in Non-Financial risk Management (information Risk and Resilience Management - IRRM and Operational Risk Management-ORM) Control Framework.
• Experience in conceptualization and solution definition
• Prior experience with Systems Development Life Cycle and Agile.
• Excellent communication skills
• Attention to detail, ability to work with deadlines
• Assertive with the ability to interact with various control and operational
• Good documentation skills including process modelling
• Strong problem solving and analysis skills
• Proactive, delivery orientated approach
• Knowledge on Investment Banking Risk control Frameworks and Matrix.
• Enthusiastic ‘can do’ approach to all responsibilities
• Ability to take direction as needed as well as being able to work independently
• Excellent PC skills to include proficiency in MS Word, Excel, and PowerPoint

Education | Certification

• Bachelor degree from an accredited college or university with a concentration in an IT related discipline

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.
• A range of flexible benefits that you can tailor to suit your needs.

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.