AVP - Service Owner – Third Party

Job ID:R0397121

Full/Part-Time: Full-time

Regular/Temporary: Regular

Listed: 2025-07-14

Location: Pune

Position Overview

Job Title: Service Owner – Third Party

Corporate Title: AVP

Location: Pune, India

Role Description

• The Service Owner (SO) is responsible for managing the entire lifecycle of third-party relationships within the organization. This role involves ensuring that all risk assessment tasks and activities are completed accurately and in a timely manner, overseeing the selection and screening of third parties, and ensuring compliance with regulatory requirements.
• The SO will work closely with various stakeholders to mitigate risks, manage subcontractors, and ensure continuous risk monitoring.

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

• Risk Assessment and Management: Complete risk assessments, ensure proper screening, and report third-party issues.
• Regulatory Compliance: Nominate Local Service Owners and ensure compliance with local regulatory requirements.
• Third-Party Selection and Screening: Select third parties, consider risk aspects, and review screening outputs.
• Control Assessments and Mitigation: Ensure third parties complete required tasks, develop continuity plans, and manage risk mitigation actions.
• Continuous Monitoring and Termination: Update risk assessments, perform post go-live controls, and execute termination strategies.
• Contracting and Payment: Complete risk assessments before service commencement, ensure contractual clauses are included, and execute risk process activities for contract renewals or amendments.

Your skills and experience

• Proven experience in third-party risk management or a related field.
• Strong understanding of risk assessment processes and regulatory requirements.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively with various stakeholders.
• Strong analytical and problem-solving skills.
• Attention to detail and ability to manage multiple tasks simultaneously.
• Proficiency in using risk management tools and software.
• Ability to work under pressure and meet deadlines in a dynamic financial environment

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.

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.