Lead - Operation Risk Management - BFS

- Develop, maintain and implement Operational Procedure, Policy, Framework, Governance and Reporting; Supporting maintenance of risks in line with risk taxonomy and assessment process.

- Supporting 1st line in prioritization of risk mitigation; Providing objective, independent risk and compliance assessments and recommendations.

- Establishing and maintaining effective stakeholder engagement across organization and escalate timely and actionable information to key stakeholders.

- Champion and cultivate an organization-wide risk culture and accountability through training and awareness campaign in first line of defence.

- Deploy Operational Risk tools to ensure operational risks are continuously monitored and controlled.

- Ensuring availability of incident & external event database, issues and action tracker, risk register and KRI data for businesses. Reporting of data points related to Risk Based Supervision, BASEL, ICAAP and other compliances.

- Embed the OR framework such that it encourages first line units to Self-Identify & report incidents or operational issues.

- Communicate / Interface / meet with unit heads / senior management to understand the activities and processes followed, which will help in crystallizing the identification and assessment of operational risk in the unit. Ensuring processes and tools are effective, comprehensive and consistently applied.

- Provide risk advisory and mitigation strategies in new products or new business ventures & all OR issues.

- Lead will work with existing business team members to be accountable for Monitoring, Identification, Measurement, Evaluation, Mitigation, Testing and Reporting of risks and updating risk dashboard.

- Management of Third-Party, Business Continuity and Fraud Risk as required.

- Collaborating with Legal and HR to maintain an inventory of legal obligations and Employment practices.