AVP - Operational Risk - BFSI

Business Unit Overview:

Operational Risk Management covers the risk of loss resulting from inadequate or failed internal processes, people, systems or from external events. Along with Credit and Market Risk, Operational Risk is a key area of managing risk. The aim of Operational Risk Management is to provide a firm-wide Framework in partnership with the business that is simple, practical, achievable, and add value.

Responsibilities:

Representing Operational risk management in risk committees, forums and discussions

Liaison with global counterparts to ensure Op Risk information is consistent and adequately challenged

Providing independent expert advice to the business areas on operational risk issues

Reporting and escalating issues when necessary

Providing expert technical input and advice to operational risk framework development and issues

Developing and disseminating communications and training to the business to raise awareness of operational risk

Managing, coaching and developing India ORM team members as required.

Skills:

Have 6 - 9 years- experience in operational risk or related functions in financial services institutions

Possess investment banking and / or capital markets knowledge and experience

Prior Operational Risk framework set-up experience with a foreign bank, captive units of foreign banks, local Indian Banks, Foreign brokerage houses etc in a multi-regional co-ordination capacity - desirable