Operational Risk Management Role - NBFC

Job Title : Operational Risk Management - NBFC - Mumbai

Location : Mumbai

Job Purpose :

- Manage and maintain an effective Operational Risk Framework.

- Identify, evaluate, control and mitigate the organization wide operational risks by developing a pre-emptive control strategy.

- Provide support to units in conducting process and procedure reviews, User Acceptance Test from OR perspective.

- Be a point of reference for business units and share knowledge and skills.

Principal Accountabilities :

- Responsible for Risk Control Self Assessments (RCSA) for various business functions and overseeing control validation testing in all key areas.

- Periodic review of Policies/ procedures from OR perspective with an aim to build better controls and bring efficiency.

- Regular review of risk events reported and perform root cause analysis in consultation with business units.

- Identification of Key Risk Indicators (KRIs) and regular monitoring and reporting of KRI breaches to senior management.

- Tracking of action plans developed and monitor the closure of the same within timelines.

Supporting units in various digital initiatives from OR perspective

Educational Qualifications : CA / MBA / PG preferred

Functional Skills :

- Strong analytical skills.

- Knowledge of Operational risk systems is preferred.

- Knowledge of Wholesale banking processes such as credit, documentation, operations, credit monitoring.

- In addition, the incumbent must possess softer skills such as :

- Strong team working skills.

- Business acumen & drive for results