AVP - Controls/Operational Risk/Internal Audit - CA - Investment Bank

AVP Controls/ Operational Risk / Internal Audit

JD:

Control Culture :

- Set tone and standard to emphasise the importance of controls across the team

- Act in an independent manner to represent the best interests of the Bank when designing and implementing controls, and when evaluating the performance of controls

- Assist the Team Head and Team Lead in implementing the mission statement & vision for the Mumbai Control team.

Team engagement :

- Ensure the team operates as a single, cohesive unit, and in a collegiate manner

- Foster a strong team spirit across the team and work with other teams within the Mumbai Control team

Controls Framework - A flavor of some of our deliverables :

- Development of industry leading control reports and related management information e.g., Cancel and Corrections, Off Market Reports, loss analysis, trader mandates exceptions

- Prepare of monthly risk and control metrics to assess supervisory and operational risks at a business, regional and global level.

- With a forward-looking view on risk and control issues observed in the industry and internally that may impact the GLOBAL MARKET - assist in performing related read across and devising related remediation plans

- Assisting with the GLOBAL MARKET Governance Framework, associated metrics, and reporting tools - with escalation of key risks to senior management

- Developing & maintenance of Control tools used to monitor Trader performance, Desk performance and Business level performance

- Performing tyre-kick/deep dives/thematic reviews into key trading metrics to understand the reasons for outliers and suggest remediation actions by enhancement to existing controls

- Work closely with GLOBAL MARKET Controls, IB OpRisk and GLOBAL MARKET Front Office in developing the GLOBAL MARKET Risk and Controls Framework; including the RCSA process

- Drive a controls testing mandate across Design & Operating Effectiveness

Regulatory environment :

- Keep abreast of regulatory developments and has sufficient flexibility to meet changing requirements

The qualified candidate must have :

- Investment banking experience in control/risk functions is must

- Must be a qualified CA

- Front to back knowledge of key sales and trading process flows

- Operational Risk / Internal Audit / Regulatory background and/or experience

- Project management experience - track record of delivery on projects, commitments

- Strong Microsoft skills