1. Impact on the Business/ Function

- All employees aware of the risk management framework

- Business Risk Coordinators and management team aware of their responsibilities pertaining to risk management.

- Roll out risk training &, awareness campaigns.

- Identify & train Risk Coordinators and make them aware of their responsibilities pertaining to risk management.

- Build strong working relationships with Risk coordinators and function heads.

- Regular meetings with Function heads and Risk coordinators

- Work with Business heads to identify their risks and challenges and assist with risk mitigation strategies.

- Continuous monitoring and review of the Risk Management framework

- Provide necessary support in organizing.

2. Customers /Stakeholders

- Integral part of forums like Project Management Group, IT Steering Group, Business Planning Group

- Conduct Risk reviews for new projects and initiatives, products, channels, etc.

- Ensure key strategic decisions like Outsourcing follow the approach formulated to mitigate the risk, do information security reviews along with IT Security

3. Leadership & Teamwork

- Establish and roll out an effective Risk Management framework.

- Set up a framework for recurring risk assessment process.

- Implement Control self-assessment (CSA) in the organization.

- Set up a process for reporting and tracking of key incidents and losses

- Work and interact with Actuarial and Investments on the monitoring of credit, market and liquidity and insurance risk.

- Build and oversee the monitoring of the Risk profile for the Company.

- Implement a process for doing a root cause analysis for significant incidents and losses.

- Document and report to the RMG on the findings of loss and incident assessments

- Formulate, in conjunction with the associated departments, practical recommendations to mitigate adverse events reoccurring.

4. Operational Effectiveness & Control

- Keep updated the TORs of the relevant Risk committee meetings and management groups.

- Establish structure to ensure adequate oversight of each risk category.

- Convene RMG and ORIG and participate in other Risk executive. management groups

- Drive Risk awareness campaigns across the organization- induction trainings, classroom sessions on specific topics such as "Fraud", poster campaigns, use of intranet, etc.

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