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CIB - Investor Services - Trust & Fiduciary (T&F) Governance and Risk Control - VP (m/f) - Frankfurt

Job Description

Key Responsibilities:
  • Ensure that appropriate controls are in place and all business activities within T&F are compliant with department procedures, the firm’s policies and control standards.
  • Drive end to end risk control self assessment (RCSA) process.
  • Drive end to end monthly risk assessment (SMRRA).
  • Validate through monthly testing compliance with firm’s policies, procedures & standards including Oversight & Control.
  • Define the risk control self assessment (RCSA) testing program including testing parameters (size of test samples, in-scope test items) and a description of the test execution. Ensure test results are properly documented and supporting documentation is retained as evidence.
  • Drive appropriate remediation of control gaps.
  • T&F Outsourcing Oversight including the analysis of service provider KPIs, reporting to local and regional management, participation in service reviews, tracking and escalation of issues, annual review and updates (as appropriate) of risk assessment and service level agreements.
  • Manage T&F outsourcing projects (IAS).
  • Ensure department procedures are reviewed annually and updated as appropriate.
  • Ensure employee access to systems remains consistent with job profiles through periodic testing.
  • Partner with colleagues, stakeholders and control community members to report on the adequacy and effectiveness of controls.
  • Compile and analyze monthly KPIs, create diagrams, charts and presentations for distribution to senior management and business governance forums.
  • Present updates and results associated with all job responsibilities listed above to department management.
  • Regulatory management including Pre-audit testing, Pre-regulatory review prep, and Post audit action plan monitoring.
  • Perform related operational tasks according to existing procedures and work standards.

  • Several years of bank experience, preferably with German Depositary (Verwahrstelle) or KVG
  • Several years of ORM (Operational Risk Management) experience including Risk Management system (Phoenix)
  • Ideally bank apprenticeship or degree in economics (Univ. or FH) or similar skillset
  • High proficiency level in English and German (spoken and written)
  • Very good analytical skills
  • Very good knowledge in the analysis of operational performance data
  • Knowledge of complex instruments, e.g. Derivatives, OTCs, Swaps is appreciated, but no condition.
  • Knowledge of structured products is appreciated, but no condition.
  • Knowledge of accounting system WINS
  • Knowledge of investment compliance system TRAC
  • Good knowledge of German Capital Investment Code (particularly concerning Depositary function) and MaRisk
  • Good communication skills
  • Very experienced with Microsoft Office (Excel/Word/Power Point/Visio) including creation and maintenance of Pivot tables, diagrams and EXCEL databases

All internal moves will normally take place on the same grade and same salary. Salaries are reviewed annually in February. Exceptions to the rule regarding transfer on current salary may include a move between geographic locations.

Req #: 160012309
Location: Frankfurt, HE DE
Job Category: Sales/Trading/Research
Employment Type: Full Time
Potential Referral Amount: Euro (EUR)

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