Hiring for one of our clients, an Investment Bank in Mumbai for an AVP role in Operational risk management. This is an Individual contributor role. Please find the roles and responsibilities mentioned below:

Job Description:

Operations Risk Management (ORM)

- Be the single point of contact to the line of business (LOB) / function on all operational risk agendas

- Conduct periodic checkpoint meetings with LOB management teams to discuss key risk and control updates, focus areas, items requiring attention, issues, red-flags, etc.

- Basis LOB requirements, perform thematic reviews & deep-dive process risk reviews, identify risk and control gaps, formulate remediation plans and track issue/action plans to closure

- Participate in or manage projects and initiatives on risk & controls (e.g. driving control awareness programs, conducting risk expos, imparting training, conducting UAT of ORM systems, etc.)

- Work in close collaboration with local, regional & global stakeholders and ensure we stay abreast on risk and control topics

- Drive compliance on firm-wide User Tools (UT) policy including inventory, risk classification and implementation of applicable control standards

- Assist business in performing Risk & Control Self Assessment (RCSA) including risk assessment, walkthroughs, control substantiation, etc. as per firm's policies and timelines

- Monitor and follow-up for completion of prescribed mandatory compliance trainings including periodic reporting, escalations, etc.

- Monitor and follow-up for staff's compliance to Consecutive Leave Policy including periodic analysis of leave availed, planned, not-availed and review of non-compliant cases

- Identify, review & remediate high-risk manual process as per manual process guideline

- Monitor and follow-up on open issues & action plans for remediation & closure

- Prepare and publish monthly risk and control metrics & scorecards, monthly control meeting decks, exception management reports, etc.

- Coordinate audits and act as a liaison between business and the auditor

Experience

Experience in Governance, Risk Management & Compliance (GRC), Risk & Control Self Assessment (RCSA), SOX management testing, Internal Audits, Process Risk Reviews, Business Contingency Planning (BCP), Information Risk Management (IRM), etc.

Skill Sets

- Be able to work independently as an Individual Contributor

- Be the first line of defense and support business function in ongoing risk & control agenda

- Act as a trusted business advisor and be able to provide management assurance on the reasonableness of internal controls

- Excellent stakeholder management skills. Should be able to face senior management personnel with confidence and determination.

- Excellent collaboration / partnership skills. Should be able to communication strongly and handle challenging situations tactfully.

Note : The candidates with extensive experience in ORM for Finance department from Investment Banks will be considered for this role.

Interested candidates can apply with their updated CV.

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