Consultant - Operational Risk

Operational Risk Consultant

Job Description :

Job Title : Operational Risk Consultant

Job Specifications :

Reports To : Operational Risk Manager

Location : (Bangalore/ Hyderabad)

- Essence of the job/ job purpose: Internal Controls Validation

Job Objective : To assess, test, monitor and report on the adequacy, efficiency and effectiveness of systems of internal control and the degree of compliance with internal controls, policies, procedures, regulations, and laws.

Principal accountability :

- Demonstrate experience and knowledge in matters related to internal controls

- Drive the controls testing program with other risk management professionals as per framework

- Manage timely execution of risk-based controls testing process in accordance with the controls testing plan, and assist and coordinate other audit and exam matters

- Test regulatory compliance controls to determine compliance with regulations, policies and procedures

- Perform testing under Sarbanes Oxley Act for applicable processes

- Support the Operation Risk Manager to enhance risk based control assessment and testing methodologies, checklists and reporting templates

- Review adequacy of internal control design, perform independent control assessment and testing and identify reportable issues and risks and process and control design improvements

- Support the Risk Relationship Managers to maintain the matrix of internal processes and the required controls for all functional areas

- Support management reporting and ad hoc requests pertaining to Risk Management and Compliance matters

- Manage internal tools relating to corrective actions from audits, regulatory compliance tc.

- Partner, collaborate and liaise with Risk Relationship Managers to effectively

- Manage relationship with stakeholders, functional area mangers and teams

Qualifications Specifications :

Academic : B.Com/ M.Com/ MBA Certified Public Accountant

Professional : CA/Certified Information Systems Auditor (CISA)/ Certified Internal Auditor (CIA)/ Certified

Experience in Years :

Mandatory :

- 3 to 7 years of overall experience

- Relevant experience in internal/ external audits or controls testing

- Knowledge about Accounting Standards, SEZ regulations

- Knowledge of MS Office

Other :

- In addition, preferred candidates will possess knowledge about Basel Committee/accords, Anti Money Laundering laws, US GAAP and other US Banking Regulations, but not mandatory

- Industry / Area Captive Offshore unit and / or IT Industry (preferably Banking Domain)

Any Other : Excellent team player

- Excellent communication skills (verbal and written)

- Willingness to take up challenges, manage complexities and adapt to dynamics at work environment

- Experience in managing Control Environment and/ or Internal Audit of financial institutions or corporate bodies

- Knowledge of operational risk, regulations, industry and respective business operations, processes and systems

- Demonstrated critical thinking and analytical skills

- Proven ability in exercising independent judgment and applying prudent risk mitigation principles

- Demonstrated negotiation, communication and presentation skills

- Ability to pay attention to detail and good follow though

- Consulting experience with management teams

Teja

Consultant - Live Connections

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