D

Deutsche Bank

Finances businesses and manages personal wealth

IT Application Owner

Full-TimeUpdated on 10/23/2026
No salary listed
Senior, Expert
Bengaluru, Karnataka, India
In Person
CybersecuritySecurity Governance, Risk & Compliance

About the job

Requirements
  • At least 7–10 years of experience in IT, preferably with asset management business applications and processes.
  • Seven or more years of experience working in the financial industry, particularly risk technology.
  • Strong IT Application Owner knowledge and IT risk management skills, including applying delivery approaches, understanding their impact on the application lifecycle, and supporting their adoption in line with best practices.
  • A strong understanding of development methodologies and IT policies, with the ability to apply this knowledge to support effective control execution in line with the bank’s risk appetite.
  • Broad understanding of data and its usage in the financial industry, including reference, trade, market, and risk data.
  • Ability to assimilate large quantities of information in short periods of time.
  • Understanding and experience of the software development lifecycle.
  • Hands-on experience with PowerShell scripting, Excel VBA, and REST APIs.
  • Ability to relay complex information to end users ranging from developers to senior managing directors within the business.
  • Ability to initiate, develop, and maintain effective working relationships with team members and the business.
  • Knowledge of Google Cloud Platform foundations.
  • Experienced change leadership, managing security, and customer/stakeholder relationship management competencies.
  • Ability to leverage artificial intelligence tools to enhance productivity and optimize workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
Responsibilities
  • Support the domain CIO, CIO-1, IT Application Owners, and ERT CTO in managing technology risks, including Identity and Access Management, application code security, and standard software development lifecycle tools.
  • Coordinate IT Application Owner activities across IT, Information Security, and audit programs.
  • Clarify control owner and stakeholder requirements with DWS Risk and Control and the DWS CSO team, coordinate required approvals, and implement outcomes in Control Workbench or the relevant JIRA project.
  • Support application safety, security, and regulatory, policy, and standards compliance while helping improve operational readiness and maintainability for changes delivered into production.
  • Engage with the IT Application Owner community, CSO information security specialists, and infrastructure teams such as ORR and software development lifecycle teams to support effective risk and control management.
  • Coordinate with application owners and technology stakeholders to track IT metrics compliance, monitor control gaps, support remediation activities, and provide a forward-looking view of technology risks, audit actions, and regulatory obligations.
  • Drive or support automation of risk task management and CTO end-to-end reporting, translating DWS/TDI requirements into a system-based IT solution aligned with strategic objectives.
  • Support CTO-level reporting by determining key data inputs, outputs, and functional processes from a front-to-back perspective.
  • Determine authoritative information sources and investigate automation approaches.
  • Identify processes suitable for automation and support their delivery.
  • Track IT metrics compliance across applications, identify areas requiring attention, and provide forward-looking views of risks, control gaps, and remediation actions to support organizational obligations, policies, standards, and strategy.
  • Coordinate with Application Owners, IT Application Owners, CSO, infrastructure, software development lifecycle, and risk/control stakeholders to support technology risk and control management.
  • Track IT metrics compliance across applications, identify non-compliant or deteriorating areas, and follow up promptly with responsible owners. Support governance over Identity and Access Management, software development lifecycle controls, application security, operational resilience, and infrastructure compliance.
  • Monitor open risk, audit, control, and regulatory actions, ensuring timely updates, evidence collection, and closure readiness. Assist application owners in understanding policy requirements, control expectations, and actions needed to maintain compliance.
  • Prepare and support regular Risk and Control reporting for CTO leadership team members and Information Security stakeholders through dashboards, metrics, and status updates.
  • Support internal and external audits by coordinating evidence, tracking management actions, and following up on remediation commitments.
Desired Qualifications
  • Experience with asset management business applications and processes is preferred.
  • An IT Application Owner and/or DevOps background is preferred.

About the company

Deutsche Bank finances companies, governments and individuals through a global banking network rooted in Germany and spanning major financial markets. Its investment bank focuses on bonds and currencies, alongside advice on mergers and raising capital, while its private bank handles household banking and wealth management. Businesses use its cash management, trade finance and lending services to move money and fund operations, and the group manages investment funds through DWS. It earns money from loan interest, transaction and investment fees, and trading activity. Deutsche Bank traces its founding to 1870 and is headquartered in Frankfurt am Main, Germany.

Company Size

10,001+

Company Stage

IPO

Headquarters

Frankfurt, Germany

Founded

1870

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Simplify's Take

What believers are saying

  • Growth spans every division: July 2026 results show Deutsche Bank revenue rose 9% to €8.5 billion.
  • Fee income broadens earnings: DWS charges management fees across active funds, Xtrackers index funds and alternative investments.
  • Hybrid work reaches most staff: Deutsche Bank places 95% of its internal workforce within role-dependent remote-work eligibility.

What critics are saying

  • Office exposure concentrates property risk: offices represent 35% of Deutsche Bank's commercial property loans reviewed in stress tests.
  • Legal costs erode profits: July 2026 results show Corporate and Other's €151 million pretax loss, mainly from litigation.
  • Bonuses arrive slowly: Deutsche Bank defers covered awards three to five years, exceeding minimum rules for certain employees.

What makes Deutsche Bank unique

  • German small businesses reach three bank brands: Deutsche Bank, Postbank and digital bank FYRST share the group.
  • Asset management has its own listed company: Deutsche Bank retains 79.5% of DWS.
  • Autobahn unifies client workflows: Deutsche Bank links trading, research and transaction banking through one electronic gateway.

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Benefits

  • Health Insurance
  • Paid Vacation
  • Parental Leave
  • Family Planning Benefits
  • Professional Development Budget
  • Mental Health Support
  • Flexible Work Hours

Growth & Insights and Company News

6 month growth

2%

1 year growth

8%

2 year growth

7%
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