IDFC Group - Operational Risk Management Analyst

Requisition No: 00000848

Experience: 6 -9 years

Location: Mumbai

Description:

Principal Responsibilities:

- Collaborate with various Business, Operations and Support Functions to implement banks Operational Risk Management Framework for proactive identification and management of operational risks in a consistent manner

- Review of Product and Process notes from identification of Operational risks

- Review of Policies on Operational risk issues for stronger governance

- Review and independently challenge Operational risk assessments submissions by Business/Operations/Support functions

- Design of Key Risk Indicators and analysis of KRI data

- Tracking of Open Issues from operational risk registers, audit reports/ regulatory reviews, internal control testing reports for closure and validation

- Incident analysis, escalation/ reporting including tracking of Open actions

- Assist in preparation of Operational Risk Management Reporting for Senior Management

- ORM Training and awareness initiatives

Required Skills and experience:

- Professionally qualified CA/MBA from premier institute

- 6+ years of experience of Operational Risk within Banking domain

- Understanding of Basel and other globally recognized control frameworks

- Good analytical skills and keen eye for details and ability to identify control gaps with the ability to change. Good auditing and review skills

- Have good inter-personal and communication skills (both verbal and written)

- Should be able to work independently as an Individual Contributor

- Strong control mindset with an aptitude to identify & assess operational risk issues

- Understanding of Basel and other globally recognized control frameworks

Qualification: CA/MBA from premier institute