AVP - Operations Risk & Control Management - Trade/Cash

Job Title: Operations Risk & Control Management (Trade or cash)

Department: Operations Risk & Control

Job Summary:

- The position would be responsible for policy determination, implementation and monitoring of Operations Risk & Control function within Global Loan Operations.

- As part of the Operations Risk & Control function, the resource would be required to partner with various Managers to understand underlying operations and recommend appropriate/ applicable risk management practices.

- The applicant will also be responsible for validating, summarizing and producing the Ops Risk / performance data for the operational domain.

- The Applicant will also support group initiatives and provide support to the line as required. Solid technical understanding of the business is expected, including knowledge of Ops Risk & Control function, Investment Banking,, financial markets and trading processes. Demonstrated commitment to continuous process improvements is required.

Responsibilities:

- Development & Implementation of the Operations Risk & Control framework, as a part of the Central Team

- Foster a robust Control environment that is knowledgeable about risk and abides by risk guidelines & controls.

- Partner with various Operations functions to identify their risk, determine applicable controls and assist in implementing risk management practices.

- Facilitate and Conduct training sessions on policies and risk related topics .

- Monitoring the effectiveness of Internal Controls & Processes.

- Facilitate implementation of Self Assessment process in various Businesses and monitor and track open issues for closure

- Ensuring all issues /actions are assigned, tracked and escalated in a timely fashion

- Partnering with onshore teams to ensure performance issues offshore are resolved effectively

- Risk and Control Monitoring & Reporting

- Audit Issue Monitoring to guide timely closure of identified Audit findings.

- Working with Performance Analysts, Transition Team and Program Management Office on incoming projects to ensure that risk and control issues are identified and covered.

- Working with Global Reporting Utility to develop Risk Reports and implement measurement/ reporting procedures.

- Fostering and maintaining communication channels .

- Participating in cross-departmental initiatives formulated to create or improve existing functionality and processes.

Primary Working Relationships:

- The individual will report to the Head, Operations Risk & Control

- The position is expected to work very closely with various Operations Managers to propose, implement, track and mitigate Opeations risk.

- The position is also expected to interface/ partner with other Risk and Control groups, onshore and offshore, to deliver a robust Risk framework structure.

Job Requirements:

- Strong English language skills required. Ability to converse /write clearly and concisely with internal and external contacts

- College degree, preferably bachelors degree in business or other quantitative fields (accountancy, mathematics, engineering, etc)

- Minimum of 7 years and/or prior related industry experience preferably in an Investment Banking environment.

- Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills

- Strong Operations/ Risk Management experience with exposure to control practices.

- Strong Product and Process understanding, including knowledge of investment banking products/ business.

- Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.

- Ability to effectively maintain, coordinate, prioritize multiple tasks and projects.

- Ability to work in shift to support other time zones if required.

- Provide effective decision making capability and leadership qualities.