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18/03 Priti Goyal
Founder at Serving Skill

Views:1352 Applications:245 Rec. Actions:Recruiter Actions:7

Manager - Operation Risk - Life insurance (4-13 yrs)

Mumbai Job Code: 1388988

To ensure compliance of risk management policies within the organization and perform risk management activities for effective implementation of operational risk framework


Responsibilities :

- To execute and report exception(incidents) and conduct root cause analysis

- To Identify incident/exception areas which exist, but not reported

- To execute and do analytical quality review at portfolio level, channel level, new product, and distributor level analysis

- To envisage risk and communication to relevant stakeholders

- To conduct risk assessment and mitigation by assessing and review of risk registers, risk triggers and portfolio analysis

- To execute thematic reviews

- To prepare varied risk reports

Specific Authorities :

(Financial & Non-Financial) Not Applicable

Key Performance Indicators :

- Reporting of exception event and completing RCA for exception reported - 100%

- Risk trigger & Branch Risk Score monitoring - Quarterly/Monthly - 100%


- Qualifications Preferred MBA / Engineering Background / CA

- Certifications: FRM / PRM / IIRM / IRM

- Experience 2-4 years of relevant experience

- Base skill Understanding of systems, Process, and product

- Functional Competencies Risk Prevention & Detection: Risk analysis and control assessment

- Regulatory knowledge

- Risk Management: Certified Risk Professional (IRM, Risk Auditor, GARP- FRM, ISACA etc.)

- HR/ JD/ Ver1.0/1 st Feb 2020

Internal :

- Analytical skills

Behavioral Competencies

- Execution Excellence

- Collaboration

- Growth through differentiation

- Technical Competencies Data Visualisation Tools such as Power BI


- Internal Nature or purpose of interaction

- Business units Discussion with various stakeholders for risk management procedures

- Operations Ensure execution of risk management activities in liaison with stakeholders

- External Nature or purpose of interaction

- External agencies/vendors Ensure compliance for the services taken

- Documented By Lead - Operation Risk

Women-friendly workplace:

Maternity and Paternity Benefits

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