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IT Application Owner - job 1 of 2

Job Description:

Job Title: ITAO , AVP

Location: Pune, India

Role Description

  • The ITAO is the function responsible on the application lifecycle governance.
  • The applicant will act as an IT Application Owner for applications in the TAS Function
  • The IT Application Owner (ITAO) is accountable for the Application Management of portfolio of applications. The ITAO has to ensure that the application(s) are enhanced and maintained in accordance to the Bank’s IT Security Risk and Compliance requirements. The Technology Roadmap within DB and the Business plans.
  • The ITAO should work with relevant stakeholders of the application and ensure that he or she effectively identifies and manages risks, issues, compliance gaps in line with DB IT risk and compliance policies and also the road map of the business stakeholders.
  • Service levels need to be evolved and met based on business needs.
  • The ITAO need to proactively escalate with relevant stake holders to ensure that there is no slippage in meeting IT Risk, compliance and audit goals for the application, portfolio of applications.

Deutsche Bank’s Corporate Bank division is a leading provider of cash management, trade finance and securities finance. We complete green-field projects that deliver the best Corporate Bank - Securities Services products in the world. Our team is diverse, international, and driven by shared focus on clean code and valued delivery.  At every level, agile minds are rewarded with competitive pay, support, and opportunities to excel. 

 

You will work as part of a cross-functional agile delivery team. You will bring an innovative approach to software development, focusing on using the latest technologies and practices, as part of a relentless focus on business value. You will be someone who sees engineering as team activity, with a predisposition to open code, open discussion and creating a supportive, collaborative environment. You will be ready to contribute to all stages of software delivery, from initial analysis right through to production support.

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

  • Monitoring Portfolio and align with them on deliveries and strategy of NARs.
  • Make sure TAS Applications portfolio is compliant, considering tasks and activities coming from: Control Workbench, and other requirements from the stakeholders.
  • Lead Risk and compliance process for the set of application that he or she is the IT owner.
  • Facilitate Disaster Recovery activities by reviewing DR plans and coordinating the execution of DR exercise for the application.
  • Manage Internal and external application audits and Audit issue remediation activities.
  • Manage remediation of gaps in application lifecycle management activities such as Account recertification, remediation of Application configuration gaps etc
  • Manage application related Risk and Compliance Evaluation tasks and resolution of gaps in this area.
  • Manage any IT Security incidents that may occur in the application.
  • Plan and Manage Application events and Database Events monitoring using Bank wide standard monitoring tools.
  • Manage application capacity forecasting and monitoring.
  • Plan and manage Application user access related tasks.
  • Plan for Application Hardware / Software / License upgrades or migration activities to align to the compliant platforms.
  • Ability to manage the L3 activities in-terms of application fixes.
  • Co-ordinate Essential Maintenance Change management process
  • Contributes to Go Live transitions.
  • Can support GCP Applications and migration activities

.

Your skills and experience

  • Desirable experience 12+ plus years in the IT industry
  • Prior ITAO experience is preferrable.
  • Good understanding of the SDLCs and current IT trends in managing Projects.
  • .Net/Java technical background is highly desirable with Database experience.
  • IT Risk Frameworks experience is needed.
  • Banking / Financial industry Exposure is a plus.
  • Business Risk audits experience is good to have.
  • Project/Development/ Release/Support Management/ Technology Infrastructure management
  • Digital Assets knowledge would be a plus.
  • Using initiative to proactively prioritize workload.
  • Comfortable working with junior engineering staff through to senior business stakeholders
  • Excellent communication and influencing skills across various levels of stakeholders.
  • Open minded and willing to learn business and technology.
  • Ability to work in fast paced environment with multiple requirements.
  • Ability to manage the expectations of stakeholders and set expectation with clear milestones and target dates to achieve.
  • Passion about sharing knowledge and best practice.
  • Ability to work in virtual teams and in weak matrix organizations across geographic locations.
  • Project management skills are must.
  • Fluent in English (written/verbal)
  • Ability to mentor juniors.
  • Team Player
  • Educated to degree level or above.
  • Experience of working in a dynamic collaborative 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.

Average salary estimate

$135000 / YEARLY (est.)
min
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$120000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About IT Application Owner, DB

As an IT Application Owner (ITAO) at Deutsche Bank in Pune, India, you will play a crucial role in the application lifecycle governance for our Technology and Operations Services (TAS) portfolio. Your primary responsibility will be to ensure that our applications not only meet the highest standards of performance but also remain compliant with IT Security Risk and Compliance requirements. You will collaborate with diverse stakeholders, proactively identifying and managing risks, and escalating critical compliance issues to enhance the functionality and security of our applications. You’ll be a vital member of a cross-functional agile delivery team, contributing to all software delivery stages while keeping a relentless focus on business value. In addition, you will facilitate disaster recovery activities, manage internal and external audits, and ensure the seamless operation of our application environments. Your skills in managing application capacity, user access, and IT security incidents will be invaluable as you oversee our robust portfolio. At Deutsche Bank, we are committed to fostering a work culture that rewards innovative thinking, collaboration, and a strong focus on clean coding practices. You will enjoy a supportive environment that emphasizes personal growth, with access to industry-relevant certifications, comprehensive benefits, and the chance to work on groundbreaking projects that shape the future of corporate banking. Join us and become part of a dynamic team where you can make a significant impact!

Frequently Asked Questions (FAQs) for IT Application Owner Role at DB
What are the responsibilities of the IT Application Owner at Deutsche Bank?

The IT Application Owner at Deutsche Bank is responsible for overseeing the application lifecycle of various TAS applications, ensuring compliance with IT Security Risk and Compliance standards, and managing risks and issues effectively. You will lead the risk and compliance processes, facilitate disaster recovery exercises, and oversee audits and remediation activities.

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What qualifications are required for the IT Application Owner position at Deutsche Bank?

To qualify for the IT Application Owner role at Deutsche Bank, applicants should have at least 12 years of experience in the IT industry. A background in .Net or Java, along with database experience, is highly desirable. Familiarity with IT risk frameworks and experience in the banking or financial industry will give candidates a significant edge.

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How does Deutsche Bank support the professional development of its IT Application Owners?

Deutsche Bank supports the professional development of its IT Application Owners through training, coaching, and opportunities for continuous learning. Employees are encouraged to pursue industry-relevant certifications and receive tailored flexible benefits to suit their needs.

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What is the work culture like for IT Application Owners at Deutsche Bank?

The work culture for IT Application Owners at Deutsche Bank promotes collaboration, initiative, and responsible decision-making. Employees are empowered to excel and are supported in their professional journey, with a strong emphasis on team success and shared achievements.

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What software development practices are important for the IT Application Owner at Deutsche Bank?

As an IT Application Owner at Deutsche Bank, it's essential to focus on agile methodologies, clean coding, and innovative software development practices. Understanding the full software development lifecycle (SDLC) and staying updated with current IT trends will help ensure successful application management.

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Common Interview Questions for IT Application Owner
What strategies do you use to manage compliance and risk in application ownership?

In managing compliance and risk, I prioritize regular audits and assessments, implement robust monitoring tools, and maintain open communication with stakeholders. Building solid relationships ensures that everyone is informed about compliance requirements and risk mitigation strategies.

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Can you describe your experience in leading disaster recovery efforts for applications?

I have organized and facilitated several disaster recovery exercises, ensuring that all plans are reviewed and tested regularly. My experience includes coordinating with teams to execute DR plans effectively, thereby minimizing potential downtime and business impact.

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How do you ensure successful collaboration between cross-functional teams?

Successful collaboration involves establishing clear communication channels, setting common goals, and coordinating regular check-ins to align teams. I also believe in leveraging collaboration tools that enhance visibility and transparency among stakeholders.

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What is your approach to prioritizing application upgrades and maintenance activities?

I evaluate the impact of each upgrade based on business needs and compliance requirements. By conducting thorough risk assessments and engaging with key stakeholders, I prioritize upgrades that provide the most significant benefits while ensuring minimal disruption.

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How do you handle stakeholder expectations when managing an application portfolio?

Managing stakeholder expectations involves clear communication about project timelines, deliverables, and potential challenges. I ensure to set realistic milestones and keep stakeholders engaged through regular updates, fostering a collaborative partnership.

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Describe your experience with audit processes in the IT domain.

I have managed several internal and external audits, ensuring that processes are followed, and issues are promptly addressed. My role includes preparing documentation, coordinating with auditors, and implementing corrective actions to remediate any findings effectively.

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What methods do you employ to maintain application security?

Maintaining application security involves regular security assessments, promptly addressing vulnerabilities, and implementing best practices such as access controls and encryption. I stay updated on the latest security threats and compliance requirements to protect our applications.

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How do you integrate feedback into the application development process?

Feedback integration is crucial for continuous improvement. I encourage regular feedback sessions with both technical and non-technical stakeholders, ensuring that their insights inform the development process and enhancements to the application.

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What challenges have you faced as an IT Application Owner and how did you overcome them?

Common challenges include managing conflicting priorities and compliance requirements. I overcame these by implementing effective prioritization strategies and ensuring alignment with business goals, advocating for my team's needs, and securing stakeholder support.

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How do you ensure that your application portfolio aligns with business strategies?

I proactively engage with business stakeholders to understand their strategic goals and needs, frequently revisiting our application portfolio to ensure that it supports these objectives. I also ensure continuous alignment through regular reviews and updates.

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