Senior Business Accountability Specialist - EUCT & Model Risk

We are looking for Senior Business Accountability Specialist - EUCT & Model Risk for Bangalore with BSFI company.

Responsibilities:

- Responsible for implementing and monitoring risk-based programs to identify, assess and mitigate any operational risk that arises from inadequate or failed internal processes, people, systems or external events, while maintaining a balance between risk mitigation and operational efficiency.

- Support the function in various capacities in activities such as, but not limited to, Resiliency, Third-Party, Privacy & Data Management Risk, Information Security, Audit responses and other requirements that may arise from Enterprise programs, local regulations and WF India initiatives

- Gap assessment against policy requirements, develop action plans and create SHRP issues for implementation action plans as needed, file extensions and exceptions for the policy as needed

- Develop and update procedures based on new policy requirements

- Develop metrics for risk measurement based on their respective policy/program requirements

- Support execution of implementation action plan

- Perform risk and control identification and assessments, testing, monitoring and assurance activities as needed.

- Conducting Quality Assurance testing based on testing scripts related to Model/EUCT and other operational risk policy requirements

- Distributing communications when defects are identified, and ensuring remediation activities are completed

- Develop artifacts like training, strategic plans, issue summary and other analysis documents required by the policy

- Identify, assess, and aggregate current and emerging Compliance, Reputational & Operational risks for Enterprise Finance and escalate following established escalation protocols

- Support regulatory relations & audit coordination for Finance to ensure a proactive, strategic, coordinated, comprehensive, and consistent approach to those interactions as outlined in the Risk Management Framework.

Under Market Skills and Certifications:

Required Qualifications:

- University degree in Business or related discipline.

Experience of more than 8 years in one or combination of any of the following:

- 3+ years of experience in EUCT/Model Risk Management

- 5+ years of experience in Operational Risk Management

- Knowledge of the Operational Risk Framework and disciplines primarily in the Banking industry and its related operations .

- Critical thinking with high attention to detail and accuracy

- Fluency in English. Excellent verbal, written, and interpersonal communication skills.

- Experience with developing and creating documentation for support and training activities

- Ability to work with and communicate with all levels of the organization

- Proficiency with MS office (MS Word, Excel, PowerPoint).

- Self-starter and able to work independently