Risk Lead - Operational Risk Management - BPO

Please Find the JD

Essential on appointment Desirable

Education/ Qualifications/ Training - Well-rounded education with at least a bachelor degree and relevant experience

Special Skills/ Knowledge

- Knowledge of industry and regulatory standards of Operational Risk Management, such as Basel Standards a plus.

- Understanding of basic Risk Management principles and components.

- Develop quick understanding with Ops Risk Measurement Models.

- Develop quick understanding of various Operational Risk Policies as relevant to the FSS

- Provide challenge on - risk- of new products and provide sign-off on suitability of all Operational aspects of the new product from reviewing the design of templates/instructions through to the method the product information flows will be managed by Operational areas

- Experience of evaluating, maintaining and improving local frameworks for operational risk management

Experience

- Should have good track record in operational risk management with experience in implementing risk and control techniques e.g. risk identification, risk assessment, risk mitigation, and risk management ideally gained via working knowledge of Operations or Operational Risk Control/Management.

- Experience in Financial Services environment preferred

- Experience in working with senior management in order to deliver appropriate actions to risks identified and assessed and also working as part of a global organisation

- Experience of working within a team within a high volume environment is essential

- Experience of promoting and facilitating local and cross functional frameworks of control within own dept.

- Knowledge of relevant industry and regulatory standards

- Develop quick understanding of various FSS Information Security and Business Continuity Policies as relevant to the FSS

- Experience of evaluating, maintaining and improving local frameworks for Information Security Risk Management and Business Continuity Management

Experience

- Able to identify potential problems and issues and suggest cost effective and practical solutions through discussions with managers and clear and concise audit reports.

- Able to demonstrate an ability to focus on what is important and essential in order to complete assignments on time and within budget.

- Demonstrable skills and application of a well-developed analytical ability.

- Ability to establish and maintain harmonious working relationships with co-workers, staff and external contacts, and to work effectively in a professional team environment.

- Strong People management & leadership Skills

- Understand the Various Regulations applicable for the FSS and developing procedure notes to Included and implemented in Compliance management

- Should have good track record in Information Security and Business Continuity

- Experience in Financial Services environment preferred

- Experience in working with senior management in order to deliver appropriate actions to risks identified and assessed and also working as part of a global organisation

- Experience of working within a team within a high volume environment is essential

- Experience of promoting and facilitating local and cross functional frameworks of control within own dept.

- Specific experience in AMA Measurement Techniques/ models as per Basel II desirable.

Experience

- Experience in Internal Control Reviews

- Preferably practical knowledge of the Standards for the Professional Practice of Internal Auditing and the Code of Ethics developed by the Institute of Internal Auditors.

- Experienced in collecting and analyzing complex data, evaluating information and systems, and drawing logical conclusions

- Extensive experience in the field and a comprehensive level of knowledge pertaining to the regulatory requirements of the Investment Banking/ Financial Services Industry.

- Exposure to work in various regulatory guidelines such as AML, OFAC, BSA, Basel, etc.

- Review Observations/ best practices from Previous Internal/ External Audit and inculcate best practices and advising Business lines on how to use them.

- Effective monitoring of Suspicious Transaction Reporting and Fraud Management.

- Understand the scope of Operational Risks and should work in Tandem with operational risk team and Information Security Team for effective Governance

- Develop and conduct internal control/ audit awareness training for various levels of staff (Junior management/ senior management etc.) as per need