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Nikita

Senior Recruiter at Credence HR Services

Last Login: 24 September 2020

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826759

Senior Manager/AVP - Operational Risk - Assurance & Controls Testing - Financial Services Firm

12 - 22 Years.Mumbai
Posted 3 years ago
Posted 3 years ago

Hiring for Senior Manager/ AVP for Assurance and Controls Testing Operational Risk, Role with a leading Financial services organization.

Role :

The Senior Manager, Assurance, and Controls Testing report to the Head of Department. The role-based in India Risk and Resilience function and leads on the delivery of the Operational Risk Assurance & Controls Testing Plan (including AAF, Financial Controls, RCSA reliability testing, and Operational Risk Assurance Deep Dives), and in so doing, support the implementation of the Operational Risk Framework and Policies.

The role works in close partnership with other stakeholders across the business (external auditors, compliance monitoring, internal audit, and other risk assurance providers) to ensure a coordinated approach to monitoring the effectiveness of control design and implementation across the firm.

Accountabilities/Responsibilities

The key responsibilities of this role are to support the delivery of the Operational Risk teams objectives to support the embedding of the operational risk framework across the organization and provide consolidated risk analysis and risk management information for Senior Management as required.

Responsible for

- Ensuring compliance with the people policies, Group Code of Conduct, and embedding desired behaviors, including completion of any mandatory training requirements.

- Being personally accountable for identifying, assessing, managing and reporting risks within your area of responsibility, including supporting formal risk management activities e.g. Risk & Control Self Assessments and timely closure of Assurance action

- Supporting the Assurance & Controls Testing Lead on the creation, maintenance, and enhancement of organization, Operational Risk Assurance & Controls Testing Plan,

- Supporting the Assurance & Controls Testing Lead on the delivery of the Plan and presenting findings to senior governance level committees and forums including audit committees at both a plc and regulated entity level

- Providing leadership and oversight to the organization India Operational Risk Assurance & Controls Testing Team, motivating a team of Operational risk analysts,

- Leading on the delivery of the operational risk assurance, RCSA reliability reviews and control testing reviews/deep dives across all business areas and outsourced service providers as may be required

- Leading and reviewing reports of assurance and control testing review findings and recommendations

- Managing stakeholders effectively, and work collaboratively with other assurance functions (Internal Audit, Compliance Monitoring, and other risk assurance teams), as well as the first line embedded risk and control teams, to support the maintenance of a robust integrated control framework.

- Working with the wider Operational Risk team to drive improvements and enhancements based on experience and assessments performed.

Qualification:

- MBA/Chartered Accountant with at least 12 years (or more) of experience in the financial services industry, with prior experience in Operational Risk/Risk Management/Internal Audit

- Relevant professional qualification desirable (IRM, CISI, ACII, IIA, ACCA/CA/CIMA, CISA, CISM, etc.)

Experience / Knowledge / Skills

- Minimum of 12 years experience in a Risk/Audit function/Big4 within a financial institution with a focus on operational risk

- Detailed knowledge of risk or internal audit assurance tools, techniques and industry best practice (essential)

- Detailed knowledge of financial services products, systems, processes and distribution methods (essential)

- Detailed knowledge of the financial services sector, including regulatory, governance and risk management rules and regulations

- Detailed knowledge of Control Frameworks such as COSO and COBIT (preferred)

- Excellent written and verbal communication skills including board-level communications (essential)

- Ability to work collaboratively across the immediate team and broader Risk & Resilience function whilst also being to work independently under own initiative (essential)

- Significant experience in a risk management, assurance or audit environment

Nikita Uchwani

Specialist BFSI

7410033808

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Posted By

user_img

Nikita

Senior Recruiter at Credence HR Services

Last Login: 24 September 2020

1245

JOB VIEWS

303

APPLICATIONS

22

RECRUITER ACTIONS

Job Code

826759

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