Senior Manager - Operational Risk - NBFC/BFSI - CA

Roles & Responsibilities

- Initiate and develop OR policies ,processes and framework according to standards for risk management.

- Review of OR Framework and related policies related to business unit

- Implement plan to prevent, eliminate/minimize and mitigate operational risks.

- Conduct root cause analysis of OR incidents and ensure effective corrective action

- Support the business to design controls to enable risk management for new products/processes

- Drive continuous improvement in the business control environment by using OR tools

- Conduct RCSA and discuss with functional heads for preventive/ corrective action. Doing control testing and maintenance of risk registers.

- Identifying and working on areas of cost reduction and process improvement .

- Identification and measurement of operational losses and reporting to management.

- Develop KRI and ensure review/monitoring of KRIs and preventive/ corrective action is taken by concerned stakeholders for bringing parameters within defined thresholds

- Conducting ORMC, documenting minutes and timely closure of ATRs.

- Design , development and Review of revised SOPs and oversee effective design of controls for all revised/changed processes

- Publishing KRI Dashboard and OR Event Dashboard to Functional Heads on a periodical basis.

- Ensure constitution of appropriate operational risk committees with approved terms of reference including quorum, recording minutes, follow up for closure of identified actionable

Vertical - Vehicle

Industry - NBFC/BFSI

Qualification - CA