AVP - Operational Risk/Treasury - BFSI

We have a position in the Treasury team of a Bank in Mumbai as per following Specifications :

Role and Responsibilities :

- The incumbent shall be responsible for implementing various initiatives of Operational Risk Management Deptt. including monitoring and reporting about risk profile of associated units.

- The incumbent will lead various initiatives in implementing a robust Operational Risk Management framework in the Treasury segment of the Bank.

Relevant Experience

Relevant Experience: Minimum 3-5 years actively in identification and mitigation of Operational Risks in various Treasury Products, Processes and Services offered under Global Markets / Treasury Group

Requirements

- Thorough understanding of Global Markets Group - Treasury Products and regulations pertaining to Treasury

- Good Knowledge of Processes related to the above Products/Functions in Front Office, Middle Office, Back Office and Market Risk.

- Good knowledge of Treasury systems, Dealing Systems and other markets related applications

- Conduct Risk & Control Self-Assessment workshops, identify Key Risk Indicators (KRIs), monitor and report Issues and Actions

- Carry out root cause analysis of Operational Risk Events/Loss Events and development of mitigation plans

- Design plausible scenarios for Stress Testing and conduct scenario analysis workshops

- Develop dashboards/reports for Treasury and associated Functions and publish it to senior management

- Assist in conducting Operational Risk Management Committee (ORMC) meetings

- Develop relationship with other 1st line of defence (Head - Operations) other 2nd Line Functions e.g. Compliance and 3rd Line i.e. Internal Audit for risk identification, assessment and their effective mitigation

Qualifications

- CA, MBA (from good B school) / Qualification in Finance/ Commerce

- FRM/PRM