To establish the Governance and related Operational Risk Policies, Procedures, required to Program Manage the operational risk activities for the organization 1. Governance, Policies, Procedures, Program Management, Training: - Establish the minimum requirements of the governance, policies and procedures for the Operational Risk Management framework based on TATA AIG Enterprise Risk Management policies and industry best practices - Establish the Training program for the risk coordinators on all policies and procedures related to operational risk 2. Assurance testing & Back testing, Defining the Key risk Indicators: - Review of the risk register with the new risks identified - Monitor the control effectiveness for the risks identified - Quantification of Risks - Maintaining the Internal controls in Financial Reporting is adequately implemented. - Monitoring the progress of the corrective actions proposed to be taken for different risks - Coordinating with the functions to analyze the progress of the corrective actions - Publishing the Risk vs Control dashboard 3. Incident management and Loss Data Collection, Control Assessment: - Managing Operational Risk and Controls for the Business processes. - Monitor the corrective and preventive actions for the incidents - Periodic discussion with the functions to understand the loss that has occurred. - Vendor control assessment to be completed as part of Outsourcing Policy requirement - Control assessment needs to be completed for the functions as per management's direction - Any control failure needs to be reported and to be mapped to risk register - Project Risk Assessment conducted so that identified risks are adequately addressed though effective control implementation

Mumbai

Tata AIG - AVP - Operational Risk 

Tata AIG - AVP - Operational Risk  ,Job Description for Tata AIG - AVP - Operational Risk  in TATA AIG in  Mumbai for (12-16) years of experience. Apply Now!

Job Description for Tata AIG - AVP - Operational Risk  in TATA AIG in  Mumbai for (12-16) years of experience. Apply Now!