IT Application Owner Specialist, VP

Job Description: Job Title: IT Application Owner Specialist, VP Location: Mumbai, India Corporate Title: Vice President Role Description Deutsche Bank is accelerating the renewal of its digital channels and technology estate through a portfolio of strategic, complex and business-critical initiatives. As a Vice President, the IT Application Owner Specialist will provide senior leadership across application strategy, operational resilience, technology risk and regulatory compliance, working with Business, Technology, Risk and Control stakeholders to translate enterprise priorities into sustainable outcomes. The role requires strong judgement and governance to balance delivery speed, service stability, security, cost and control obligations, while enabling Agile ways of working and continuous improvement without compromising quality. Role Description - Summary: The IT Application Owner Specialist provides accountable leadership for a portfolio of applications, setting the technology direction and governance required to maintain stability, security, resilience and regulatory compliance. The role evaluates the current technology landscape, prioritises strategic improvements and makes risk-based decisions that balance business outcomes, control requirements and sustainable delivery. 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 The IT Application Owner Specialist provides accountable leadership for a portfolio of applications, setting the technology direction and governance required to maintain stability, security, resilience and regulatory compliance. The role evaluates the current technology landscape, prioritises strategic improvements and makes risk-based decisions that balance business outcomes, control requirements and sustainable delivery. Work includes: Determining the appropriate technological solutions to balance delivery and compliance Identifying gaps in the current infrastructure solutions and implementing the associated improvements whilst ensuring compliance with technical roadmaps Improving the safety and security of IT Applications, compliance with internal and external standards and operational readiness Provide accountable leadership for audit and regulatory remediation relating to the application portfolio, ensuring root causes are addressed, evidence is complete, commitments are delivered on time and overdue or high-risk findings are escalated promptly. Own the identification, assessment and treatment of technology and application risks, challenge control effectiveness, sponsor proportionate remediation and ensure material risks, dependencies and risk-acceptance decisions are transparently reported to senior governance forums. Contributing and assisting the implementation of policy and strategy specific to IT management and Information Security Identify and sponsor opportunities to adopt new technologies and engineering practices where they deliver measurable business, resilience or control benefits; ensure proposals are supported by appropriate architecture, security, risk, cost and implementation assessments before adoption. Be accountable for the availability, stability, capacity and performance of applications across production and non-production environments, ensuring measurable service outcomes, effective resilience testing and timely escalation and remediation of material operational risks. Establish and govern the L3 support model with development and infrastructure teams, ensuring clear ownership, effective major-incident response, root-cause remediation, knowledge continuity and measurable improvements in service reliability. Ensure policy-compliance for the application, identify and own projects necessary to ensure policy-compliance (e.g. security monitoring) Manage the technical roadmap of the application (technology roadmap compliance), estimate/budget capacity needed Represent the application portfolio in Domain Expert Meetings and senior governance forums, providing clear recommendations on investment, risk, sequencing and delivery feasibility; challenge project estimates and maintain oversight of Run the Bank and total application costs. Define non-functional requirements and ensure that project teams apply these in projects Set and govern the assurance framework for projects and changes affecting the application portfolio, ensuring that test strategies, architecture and risk assessments, implementation plans and operational-readiness evidence meet agreed standards; challenge material gaps and hold delivery owners accountable for remediation before approval. Ensure availability of all necessary application/service knowledge and documentation Your skills and experience Extensive relevant experience 12 – 15 years, including a sustained track record of accountable leadership for complex, business-critical application portfolios within a large, regulated organisation. Proven leadership across technology risk, IT Run the Bank and production support, with accountability for service performance, operational resilience, control effectiveness and prioritization across competing business demands. Demonstrated ability to apply recognized risk and control frameworks, including COBIT and the ISO 27000 series, to application governance, control design, assurance and senior risk decision-making. Proven experience leading technology risk, audit and regulatory remediation, including root-cause analysis, delivery of sustainable corrective actions, evidence-based closure and escalation of material issues. Technical background required, experience in Java Enterprise environment with knowledge of web- and application- servers is a plus Hands-on ITIL experience is a plus Proven ability to lead and influence geographically distributed, cross-functional teams, including setting direction, clarifying accountability, resolving delivery conflicts and sustaining performance across organizational boundaries. Familiar with Agile Team management tools (JIRA, Confluence) Strong business and financial management capability in a technology environment, including investment prioritization, budgeting, cost transparency, capacity planning and delivery estimates and commercial assumptions. Executive-level communication and stakeholder-management skills, with the ability to translate complex technology and risk topics into clear recommendations, constructively challenge senior stakeholders and build alignment across Business, Technology, Risk and Control functions. Proven portfolio planning and execution capability, including prioritizing competing commitments, managing interdependencies and capacity, establishing credible delivery plans and intervening decisively when milestones, controls or outcomes are at risk. Demonstrated executive judgement and adaptability in complex, fast-changing environments, with the ability to reprioritize across material risks and business commitments, make timely decisions with incomplete information and communicate trade-offs and consequences clearly. Strong analytical and crisis-leadership capability, with a record of structuring ambiguous problems, mobilizing the right experts, making timely risk-based decisions and ensuring that root causes and systemic improvements are addressed. Proven skills in all business management activities Proven ability to sponsor the responsible adoption of AI tools to improve productivity, decision-making and workflows at scale, while applying critical judgement and ensuring appropriate governance, data protection, human oversight and accountability for AI-enabled outcomes. 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: 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.