Vigilance Officer

In Scope of Position-Based Promotions

Job Title: Vigilance Officer

Corporate Title: Vice President

Location: Mumbai, India

Role Description

• The main areas of responsibility will be to fulfill the requirements of Reserve Bank of India (RBI) by appointing a Chief Vigilance Officer to strengthen the Internal Vigilance machinery in Deutsche Bank, India. The incumbent is to ensure measures are in place that operate in accordance with RBI guidelines.
• The incumbent must fulfil the requirement of Chief Internal Vigilance Officer (CIV) as set out by the RBI guidelines.The scope of responsibilities include collecting intelligence about the corrupt practices committed, or likely to be committed, by the employees of the organisation; investigation or causing an investigation to be made into verifiable allegations reporting; overseeing processing of investigation reports for further consideration of the disciplinary authority concerned; referring the matters to the CEO of the bank for advice wherever necessary, taking steps to prevent commission of improper practices/misconducts, etc.
• In addition, the incumbent is responsible for preventing, detecting and overseeing investigations pertaining to any allegations or instances of fraud and financial crime, from both an internal and external perspective. The role will report to the Head of Compliance and Chief Operating Officer (COO), DBAG India.

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

• Responsible for reviewing all pending matters, such as investigation reports, disciplinary cases and other vigilance complaints/cases on a periodic basis and take necessary steps for expediting action on those matters. In addition, CIV would also be required to furnish a report on the vigilance activities in the bank to the Board/ Local Governing Council on a periodic basis.
• Devise and adopt appropriate methods to collect information about any malpractice and misconduct among the employees referred.
• Close liaison and co-operation between the law enforcement authorities and the administrative authorities during the course of an inquiry and investigation and the processing of individual referred cases, where DBAG India is a complainant.

• Ultimate owner of the fraud risk management and external fraud investigations decisions for India external fraud cases

• Owning and Implementing the Deutsche Bank Group Anti-Fraud Policy and Mandatory Time Away policy across all lines of business;
• Development of investigative referrals through data research, analysis, and liaising with internal and external stakeholders;
• Documenting investigative outcomes in the form of comprehensive investigation reports;
• Participating in financial crime risk assessments relating Anti-Fraud, Bribery and Corruption;
• Reviewing activities that have been referred to the CIV, that are identified through the application of detection programs within the region, such as the Mandatory Time Away and Non Standard Behaviour programs;
• Build relationships with peers in Legal and Compliance, as well as stakeholders within the various lines of business across the region;
• Assist with the management of Regional and local fraud prevention and detection projects;
• Responsible for data sourcing and management (e.g. quality assurance, first-level analysis, and the production and distribution of Management Information);
• Responsible for ensuring  RBI regulatory reporting of Anti-Fraud topics as required under local regulations within the regulatory timelines;
• Assist in the development of AFBC compliance training and provision of such training to the business as requested/required. 
• Support Regional Head of AFBC to review cases and implement anti-fraud related projects/ programs in the region when directed.
• Actively engage with businesses in India and provide technical expertise from a fraud loss avoidance risk management perspective.
• Work with internal and external teams to identify risk factors and trends of abnormal activity and effect change with respect to coordinating policy and procedure changes.
• Support the undertaking of risk assessments specific to ABC risks in India.
• Support the business in India in its management of bribery and corruption risk. 
• Assist the Regional Head of AFBC, APAC with inspections, reviews and enquiries undertaken by regulators relating to AFBC risk in India. 
• Assist with tracking emerging AFBC legislation and regulation relevant to the business lines in India and assist in the development and implementation of new policies and procedures and controls in order to address new legislative or regulatory requirements. 

Your skills and experience

• At least 15 years of proven track record in fraud, AML, ABC, corporate or law enforcement investigative experience;
• CIV should be experience, track record, proven integrity and ability to inspire confidence among personnel in the organization.

• Knowledge of financial products, frauds and trends;
• A strong understanding of applicable legal statutes as they relate to financial crimes (including fraud, bribery and corruption) and a working knowledge in applying these laws to crimes for prosecution of offenders;
• Excellent communication skills both written and verbal;
• Strong planning and organizational skills;
• Strong leadership skills;
• The ability to manage and develop other team members;
• The ability to build relationships with other investigative stakeholders both within the bank and also externally.

You will be:

• An experienced Anti-Financial Crime professional with financial crime, fraud and/or bribery and corruption  experience, preferably gained within an Investment Banking environment;
• experienced in fraud and/or bribery and corruption investigation;
• an effective problem solver within the commercial environment; and you will have excellent interpersonal and communication skills.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

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.html

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.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.