Lead/AVP - Operational Risk Management - Retail Liabilities - Bank

Given below the position details with a Leading Bank based in BKC Mumbai.

Candidates required who are having relevant working exp in a BANK.

Job Title: Operational Risk Management(ORM Lead) for Retail Liabilities

Grade : AVP

Location: BKC Mumbai

Job Description / Key Responsibilities :

- Collaborate with various Retail Liabilities - Business, Operations and Support Functions to implement bank's Operational Risk Management Framework for proactive identification and management of operational risks in a consistent manner.

- Review of Retail Liabilities Product and Process notes from identification of Operational risks.

- Review of Retail Liabilities Policies on Operational risk issues for stronger governance.

- Review and independently challenge Retail Liabilities Operational risk assessments submissions by Business/Operations/Support functions.

- Design of Key Risk Indicators and analysis of KRI data for Retail Liabilities.

- Tracking of Open Issues from operational risk registers, audit reports/ regulatory reviews, internal control testing reports for closure and validation.

- Incident analysis, escalation/ reporting including tracking of Open actions.

- Assist in preparation of Operational Risk Management Reporting for Senior Management

KEY SKILLS REQUIRED :

- Strong experience of Operational Risk/Internal Audit within Retail Liabilities Operations or Product

- Understanding of Retail Liabilities Products and Operation process will be required.

- Understanding of Operational Risk/Internal Audit and other globally recognized control frameworks

- Good analytical skills and keen eye for details and ability to identify control gaps with the ability to change. Good auditing and review skills

- Strong inter-personal and communication skills (both verbal and written)

- Ability to be able to work independently as an Individual Contributor

- Strong control mindset with an aptitude to identify & assess operational risk issues

- Awareness of Operational Risk SAS system will be an added advantage