Operational Risk Management Role - BFSI

Operational Risk Management

- Seasoned professional with extensive business experience, multi-disciplinary functional expertise and with a focus on proactive activity within the operations group. Works with both direct and indirect staff, in an environment that encourages employee participation, teamwork, and communication.

- Maintains established operational control processes of the operating group in accordance with the highest standards and best practices. Tests controls and measures to identify excessive operational risk and/or control problems at an early stage and works with staff to maintain quality and efficiency standards. Works cross-functionally with other staff to maintain highly efficient operational processes that avoid control and quality deficiencies and associated monetary losses.

Major Duties :

1. Maintains established operational control processes of the operating group in accordance with the highest standards and best practices.

2. Works with both direct and indirect staff, fostering an environment that encourages participation, teamwork and communications.

3. Tests controls and measures to identify excessive operational risk and/or control problems at an early stage and works with staff to maintain quality and efficiency standards

4. Works cross-functionally with other staff to create highly efficient operational processes that avoid control and quality deficiencies and associated monetary losses.

5. Assists the manager in completing all Internal Audit and Regulatory reviews for the operating group and to ensure that review findings are effectively resolved. Participates with the operating group in selected scenario analyses for Operational Risk Management.

6. Conducts operations group audits of specific areas for audit, policy and regulatory compliance.

7. Analyzes and reports on metric processes/systems consistent with Operations & Technology standards. Provides metric reporting for monthly operations group forum review

8. Maintains regular contact with peers internal and external to firm, including regulators and professional organizations.

Knowledge/ Skills :

Seasoned professional with extensive business experience, multi-disciplinary functional expertise and with a focus on proactive activities within the operations group. Preferred to have strong project management and communication skills; and in-dept knowledge of the firm and the industry.

Vikas Raghav
MANCER Consulting Services