Assistant Manager - Operation Risk - BFSI

Role Purpose

Effective implementation of Operational Risk Framework - All possible Operational Risks that the company is exposed to are timely identified, reported and addressed.

Reporting to Senior Manager - Risk Management

RCSA and Control Testing

- Creation of risk registers and review the controls for varied processes

- Preparation of risk library for the purpose of control testing

- Responsible for execution of control testing

- Responsible for timely closure of all control with adequate follow up

- Ensure timely requisition of data to stakeholders and managing the same

- Continuous review of risk registers

- Preparation of control testing reports

- Understanding of Operational risk

- Execution capability of monitoring Operational risk and other risk projects

Vendor Management: 

- Execution of Vendor risk assessment and performance evaluation.

Vendor review

Risk awareness

- Assistance in creation of risk awareness content and successful implementation of the same

Performance Measures (critical performance measures)

1. Contribution to risk awareness program within the organization

2. Completion of RCSA activity

3. Completion of Control testing

Qualifications

1. Bachelor's Degree

2. Post-Graduate/MBA/ CA/ Bachelor of Engineering

Skill Requirements

Functional Skills Soft Skills

1. Basic understanding of insurance business Very well versed with Ms-Excel, Word and PPT.

2. Good verbal and written communication skills

3. Experience in Risk Control function preferred