Settlement Risk Management Role - BFS

Position: Settlement Risk Management

Place of Posting: Mumbai

Preferred Educational Qualification: Graduate or MBA (Level1-Level2-IRM)

Experience: 3-6 years of relevant experience in risk identification and management, enterprise risk management, operational risk management, incident governance, compliance and/or audit.

Job Responsibilities:

- Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization

- Collaborate with vendor and internal stakeholders with end to end implementation of Risk Tool.

- Document, and ensure communication of, key risks and prepare/update policy, process and procedure documents and reports

- Contributing to the RM function by having industry, external and internal business awareness, recognizing and anticipating trends, identifying issues and opportunities, and recommending action

- Responsibility to prepare policies and limits in accordance with Risk Appetite / Risk Objectives and to provide oversight, challenge and advice to the First Line of Defense (1LoD).

- Recommend ways to control or reduce risk. Advise others on risk related business or operational matters

- Gather risk-related data from internal or external resources. Gather organizational performance information.

- Develop or implement or contribute in enhancing risk-assessment models or methodologies

- Assisting the Principal Risk Owners and Principal Risk Coordinators with the identification of key risks and mitigating controls in their business units, as well as action plans to address any gaps in the mitigating measures identified.

- Understand & enhancing risk management framework, concepts, and risk awareness

- Help business managers to effectively execute the process in a manner which enhances overall risk management capabilities

- Perform Risk Governance related activities for the Risk Function.

- Conduct ad-hoc risk management related analysis.