AVP - Operational Risk Management - Retail Banking

Given below the position details with a Leading BANK :

2 Positions in ORM

1. ORM - Operations and Branch Banking (AVP)

2. ORM - Retail Assets (AVP)

Note : Bank is looking for candidates with exp in ORM or Internal Audit.

Location - BKC Mumbai

Job Purpose :

- ORM is the second line of define which ensures all the Risk highlighted by the Business are effectively being monitored and relevant controls are in place to mitigate the Risk.

- The role is responsible for ORM activities of (Operations and Branch Banking) or (Retail Assets).

Roles & Responsibilities :

Support the risk and Operations functions and Branch Banking by assessing the quantum of operational risk, providing a view on the level of exposure relative to risk appetite and advising on risk mitigation. Activities includes but not limited to:

- Defining of Standard Operating Procedures (SOPs), Risk Registers, KRIs and monitoring them.

- Conducting the annual RCSA

- Analyzing of Incidents being reported and verifying the Corrective and Preventive actions.

- Review and approve the Product Notes from the ORMD perspective.

- Ensure that relevant dashboards are generated, disseminated and followed-up appropriately in adherence to defined procedures and quality standards.