Manager/Associate - Operational Risk - Investment Bank

Required for a Leading Global Investment Bank

Associate / Manager - Operational Risk

Location: Mumbai

The functional responsibilities of the position include;

1. Conduct quality assurance on key processes and activities to identify control enhancement opportunities and improve the overall Control culture and Risk Awareness

2. Monitoring existing control weaknesses and develop control improvement plans,

3. Ensure appropriate remediation is taken on the foundation risk measures such as SOX, Audits, Incidents and KRI's,

4. Conduct ad hoc reviews to address incidents that may impact regulatory commitment or represent significant control failures,

5. Assist with arranging the relevant governance forums as well as material and minutes from these meetings.

6. Follow up of actions with members of the committee who are at director or MD levels will also be a requirement.

Key activities of the function includes;

1. Conduct Quality Assurance reviews and Ad Hoc reviews of Incidents

2. Maintain and further develop the functions risk and control register.

3. Participation in projects to ensure controlled deliver with reduced risk appetite and evaluating control strength after delivery.

4. Assess off shoring activities are in line with regulatory and control standards

5. Facilitate the functions RCSA annual assessment activities and provide a independent assessment

6. Provide a forum for active discussion and constructive challenge of the Key Risk Indicators

Desired Candidate profile:

3-6 years of Operational Risk experience in Capital Market related processes