AVP - Financial Control - BFSI

Specific Skills Required to Succeed in this role

- 10+ years work experience in financial control / operational risk functions of FIs, internal audit of FIs or external audit from Big 4 firms.

- Exhibiting influential capabilities across departments in complying with the General Ledger Controls and Reconciliation Policies of the organisation

- Strong communication skills in liaising with relevant stakeholders.

- Cross team collaboration and leadership experience skills - proactive engagement with relevant Departments and parties responsible for financial control, operational risk and compliance.

- Experience in monitoring and implementation of financial control measures and other risk management matters.

- Exhibiting training capabilities across functions for usage of various financial control tools of the organisation.

- To work closely with the Financial Control Unit Head in managing the Financial Controls & Risk function.

Position Objectives :

- To work closely with the Financial Control Unit Head in managing the Financial Controls & Risk function.

- To ensure financial control policies and compliance monitoring measures are in place and being adhered to.

- To ensure a robust financial control environment in the Bank.

- To play a major role in the preparing and driving the monthly Finance Operational Risk Forum Meetings. Ensure that the action able's coming out of this meeting are followed up for closure.

- Ensure that the periodic reconciliation & substantiation exercise across the bank is performed smoothly and escalate exception / non-compliance to the department head

- To ensure that all financial control issues are tracked and resolved on a timely basis.

- To test and sign off existence of financial control measures when the organisation launches any new product, ventures, subsidiaries and such other specific projects.

- Partner the Business and Support units on operational risk matters to ensure business growth is balanced with risk management and controls.

- Support the day-to-day controls & periodic monitoring activities, timely identification and reporting of significant risks & losses, and effectiveness of risk mitigation actions.

- Execute an effective risk management framework, and promote a strong risk management and a compliance culture.

- To drive a metrics bound culture in reporting results of various control related activities and highlight key operational / financial risks.

- To coordinate with Senior Level personnel across countries and highlight key issues/gaps, if any, emerging out of the BAU processes

Reports to VP/Global Head, Financial Control Unit.