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23/05 Dipti Belwalkar
Senior Consultant at Nexus HR Consultants

Views:1587 Applications:87 Rec. Actions:Recruiter Actions:11

AVP - Operational Risk - Wholesale Banking (6-10 yrs)

Mumbai Job Code: 145720

Our client which is a leading Foreign Bank is seeking for AVP Operational Risk.

Location : Mumbai

Reporting to : Director

Job purpose:

To ensure implementation and monitoring of Global Operational Risk Management standards at a local level while ensuring adherence to local regulatory requirements on Operational Risk Management.

Main Accountabilities:

- Analyze operational loss incidents to identify the causes, and discuss with relevant parties to come up with appropriate remedial action.

- Prepare management reports for senior management / Risk Committee in order to provide an overview of the risks within India.

- Undertake and/or coordinate periodic reviews on business activities, including risk and control self assessments, in order to assess the effectiveness of controls and identify new risks.

- Active participation in the new product approval process to ensure sufficient assessment and mitigation of operational risks.

- Ensure essential OR policies are communicated and disseminated to staff on a timely basis/ training provided to staff wherever required.

- Assist the Head of Operational Risk in handling ad-hoc projects in the Branch in relation to operational risk management.

- Monitor outstanding audit issues and validate corrective action taken to close audit issues.

- Work with various departments to strengthen internal control systems & improve existing practices.

- Monitor if internal/ regulatory requirements around Outsourcing are being complied with.

Skills / Competencies:

- Good understanding of operational risks in the Wholesale Banking environment

- Communication / Influence

- Integrity and professionalism

- Planning & Organizing

- Judgement

- Innovation & Change

Knowledge / Expertise:

- Basic understanding of Basel II operational risk requirements

- Good Understanding of Trade finance, Corporate Lending and Global Financial Markets products, an advantage

Experience / Qualifications:

- Chartered Accountant / University Masters Degree holder in Finance

- 6-8 years working experience in the banking industry with a minimum of 3 years in operational risk management or internal audit (preferred) OR 6-8 years working experience in a large consulting firm handling internal audits/ risk advisory assignments in the BFSI space.

- Strong verbal and written communication skills

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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