AM - Operational Risk Management

Location: Bangalore

Designation: Assistant Manager

Job Description:

Primary Objectives:

Program/Initiative Rollout and Management:

- Align to central risk programs and initiatives and define and drive BL specific programs.

- Manage priorities and resources for roll out of identified risk programs.

- Manage different stakeholder expectations and optimize program for maximum effectiveness

- Monitor program rollout and intervene/escalate as appropriate to the BL head/Risk Sponsor.

Proactive Risk Management:

- Ensure adequate adequacy of controls; align controls to risk

- Constantly be on the lookout of identifying and addressing risks within the business line.

- Look for opportunities to strengthen the risk management program

- Coordinate initiatives to contribute and measure the effectiveness of the risk management program

Reactive Risk Management:

- Accountable and responsible for report on Operational Losses and Incidents within the BL

- Responsible for managing incidents and losses to closure for the BL.

- Responsible for creating awareness within the business line about security and incident reporting

Monitoring and closure of Audit Issues:

- Responsible for compiling list of audit issues for Corporate Functions from all sources.

- Responsible for coordinating efforts for the timely closure of audit issues

- Responsible for managing the reporting process to track audit issues

Achieving consistency and synergies:

- Ensuring that the risk program is applied across the Corporate Functions consistently and as per SG GSC and Group Policies and guidelines

- Ability to optimize resources by automating risk management methodologies and processes

Key Skill Areas & Knowledge Required:

- Previous work experience managing operational risk in Banking and/or Financial services domain and deep understanding of Risk management or audit areas, preferably managing the risks for the finance function of a banking institution

- Previous work experience managing operational risk in an American/European banking operations in a banking captive

- 6-8 years experience with at least 3-4 years experience in operational risk management

- Good communication skills