Posted By
Posted in
Banking & Finance
Job Code
374525
Opening - enterprise risk management
Company - Prudential Management Services
Location - Hiranandani, Powai, Mumbai
Role & Responsibilities:
- Identification of potential shortcomings and issuance of recommendations for improvement towards conformity with regulatory requirements. The analysis goes through the ICLAAP components (e.g., risk appetite set up, risk profile evaluation, stress testing execution) and supporting processes; it also includes governance aspects (Roles and Responsibilities)
- Based on the gaps underlined, it will support the formulation of a set of prioritised recommendations for potential improvements and full compliance and alignment with market best practices
- Provide support and guidance to the Prudential UK&E business, including its suppliers in assessing the effectiveness of their internal controls against the requirements of the Group and Pru UK policies
- Provide independent review and challenge of the self-assessments through continuous monitoring of policy compliance and conduct reviews of key controls to mitigate the top risks, including identification of control gaps and deficiencies and development of remediation plans
- Support the business areas in understanding the Group Governance Manual policies and the implications on the Business Areas and their internal controls to support their attestation
- Communicate the requirements of the self-certification process and collaborate effectively with stakeholders across the business and suppliers, providing guidance and resolving issues related to assessing the effectiveness of their internal controls
- Keep abreast of industry trends, regulatory and business issues impacting self-certification.
- Use of regulatory knowledge, business understanding and expert judgement, to quickly identify underlying issues and escalate issues, where appropriate
- Work with colleagues across locations within the Risk function and the wider Business to ensure that Prudential UK and its subsidiaries operate within an effective risk management framework
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Posted By
Posted in
Banking & Finance
Job Code
374525