Assistant Vice President/Vice President - Operational Risk - Bank

AVP/VP - Operational Risk - Bank

- To Assist Head Operations in implementing the Operational Management Policy and processes within Commercial Banking with an aim of ensuring a sound Risk and Control environment

- Enhance Risk Governance within Commercial Banking by driving units operational Risk committee or equivalent forum. Ensure timely implementation of corporate operational risk policies, standards and guides within unit.

- Develop and ensure implementation of unit specific operational Risk guidelines. Promote risk and control awareness, including ensuring operational risk trainings are conducted and training plans are established and complied with Share Operational Risk best practices within Commercial Banking unit.

- Ensure timely completion of units RCSA program and provide guidance on identification/assessment of Risk and Controls. Ensure that issues and action plans arising from RCSA and tracked to completion. Timely reporting/escalating of risk events/significant incidents.

- Review and validate risk events reported for factual accuracy, proper categorization of event, cause, effect and ensure that proper actions plans are established to correct and prevent event from recurring. Collate, analyze, monitor and report KRI for the unit, ensuring that proper action plans are established to address issues.

- Track and monitor issue/action plan arising from RCSA, Risk events, KRI, regulatory inspections, audit or other risk issues and alert IBG management of potential and/or actual past due issues. Analyze and report Commercial Banking units operational Risk profile to Commercial Banking Management, with proposed action plans to address the issues. One point contact for all Audit related activities. Required Experience

- Operational Risk Management / Audit for Corporate Banking unit. Sufficient knowledge and experience of the Units business operations and processes. Understanding of regulations related to AML/KYC/CFT locally as well as for the group. Ability to provide balanced perspective between business expediency and risk & control. Ability to communicate effectively.

Education / Preferred Qualifications :

- CA / MBA with 8-10 years of experience

Core Competencies :

- Analytical Skill Audit Self Motivated.

- Strong Interpersonal skills.

- Ability to carry out Senior Management interactions independently.

- Work Relationship All Business Unit & Support Units, Legal, Compliance, Operational Risk, Credit and Operations.