Role purpose: To effectively execute Operational Risk Management framework, interact with Senior Management team, highlight gaps in processes/controls through effective risk assessment and governance of risk management processes in the Organization.
Job responsibilities:
- Assist in strengthening ORM framework, participate in Risk and Control self-assessment (RCSA) exercise, identify gaps, discuss and formulate action items with process owners to bridge gaps and track action items for timely closure.
- Conduct process walkthroughs/reviews across products/processes.
- Manage OR incidents, liaise with business for RCA, resolution and corrective action plan and report OR incident report to senior management.
- Manage Third party risk management.
- Monitor Key Risk Indicators (KRI) and highlight gaps to senior management with mitigations in consultation with business owners.
- Conduct training sessions on Operational Risk management to employees.
- Support in Business Continuity Planning (BCP) activities.
Competencies critical to the role:.
- Team player and ability to operate with tight deadlines.
- Proactiveness with a go-getter attitude.
- Strong communication & interpersonal skills with ability to effectively communicate across levels of the organization.
- Work experience: 10 to 15 years experience in operational risk management in Banks or NBFCs.
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