Job Purpose:  Assist Business/Function Unit Head and UORM/SORO, in controlling the level of operational risk exposure that results from business/function unit activities, by:  - Undertaking periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls.  - Assisting in coordinating, facilitating and promoting understanding of operational risk and in implementation and management of OR within the Unit. 	 Key Responsibilities  Operational Risk Policy and Governance:  - Understanding of Group Operational Risk Policy and procedures  - Learn and apply Business/Function unit related policies and controls   - Clear understanding of local regulatory requirements  - Awareness of group policies as they relate to the specific business area  Operational Risk Management:  - Identify external changes and their impact upon underlying risks and control effectiveness.  - Identify controls gaps from self assessment exceptions.  - Proactively identify potential risks and escalate concerns to UORM/SORO.  - Implement appropriate action plans to mitigate risks and issues identified.  - Assist line manager to manage and monitor actions on risks and issues and report status to UORM  - Utilise Risk management tools (Optial and Phoenix systems)   - Input of KCSA results to core systems on a timely basis  - Navigate through Optial and Phoenix systems to obtain the key information to assist with operational risk management  - Evaluate and present information on potential key exposure risk areas to line manager and UORM.  Business / Function Acumen (Refer to the relevant responsibility stated below):  - WB and CB specialist skills  - Identify unit key risk areas;  - Refresh own knowledge on products, processes and controls relevant to business or segment  - Finance specialist skills  - Understand and implement as appropriate for the relevant responsibilities the requirements of the various Financial Policies with respect to FCP, FAP, MAP, IFRS, etc. in the functional specific areas.  - Identify any non-compliance.  - Implement the action plans to close the gaps identified, if any.  - HR specialist skills  - Identify opportunities to enhance the process to mitigate the risk exposures   - Technological / CRES specialist skills  - Identify business / function unit key risk exposures  Writing and communication capability:  - Report OR and loss clearly on systems  - Be confident in having conversations about OR agenda to line management  Key Measurables:  - The responsible Person assists UORM, in the management of overall operational risk exposure, to be successful in this role, business/function unit must operate within understood and accepted levels of operational risk exposure, as evidenced by:  - No overdue KCSAs  - Non compliance and control weaknesses inherent in the selected samples are detected and duly reported  - No unsatisfactory compliance reviews and audits on the conduct of KCSA and record keeping  - Maintaining robust controls and monitoring actions.  Qualifications And Experience:  - Relevant business experience, including experience within business operations to be able to identify the operational risks within the area  - A clear understanding of the Bank’s approach to the management of operational risk, or equivalent experience gained in other organisations  - MBA in Finance from premier institute / University in India or abroad with 8+ years of post qualification   Mohan Pandalai Managing Partner Antal International Network Web: www.antal.com

Chennai

Manager - Operational Risk 

Manager - Operational Risk  ,Job Description for Manager - Operational Risk  in Antal International Network in  Chennai for (8-12) years of experience. Apply Now!

Job Description for Manager - Operational Risk  in Antal International Network in  Chennai for (8-12) years of experience. Apply Now!