Technology Risk & Control Management Role - Banking Captive

Job Opportunity || Leading Banking Captive || Risk and Control Management || Pune & Bangalore

Risk Management - Design, Control & Govern

- Design, manage and maintain the control strategy and framework with related governance across Technology platform and ensure it reflects the changing regulatory landscape and bank wide minimum control standard requirements

- Develop, implement and monitor Key Risk Indicators and escalate breaches to risk appetite and recommend mitigating solutions to minimize the risk exposure

- Develop measures and review overall control design effectiveness and its applicability on a consistent basis and if needed, modify and or eliminate unwarranted controls

- Accountable for coordinating the overall control framework and coordination with Divisional Controls and Regulatory Office (DCRO) for their independent testing

- Be a catalyst and an enabler to the global leadership for achieving the objectives in line with changing regulatory and industry operating landscape Ensure management transparency by way of timely risk reporting and proactive engagement and representing controls team at different governing forums

- Change risk advisory and Remediation Providing technology risk expertise related to strategic changes within the CTO Organization

- Providing technology risk expertise related to strategic changes within the CTO Organization

- Ensuring seamless execution of Book of Work and necessary adherence to Risk and Governance Methodology to help deliver globally agreed objectives

- Accountable for the management and closure of audit findings as well as any Self-Identified Issues (SII) within the direct remit of responsibilities

Stakeholder Management - Identify, Partner and Collaborate

- Work with relevant stakeholders to identify and assess controls gaps related to technology risk - measure and mitigate them in a timely manner

- Align with global Integrated Controls Framework (ICF) team within DCRO team ensuring successful and consistent implementation of the established control framework

- Partner with 2nd LoD, NFRM (Non-Financial Risk Management) to ensure alignment towards Group wide minimum control standards

- Collaborate closely and proactively with Group Audit team enabling CTO to manage the overall risk and audit lifecycle.

- Promote and support proactive IT risk culture at the Bank

People Responsibility - Identify, Develop, Retain Talent

- Lead a niche team within the assigned portfolio to deliver the risk and control mandate

- Set clear direction / objectives for the team in line with overall functional strategy ensuring fine balance of global and regional priorities

- Ensure best practices are leveraged across teams, performance is closely monitored and that issues are dealt with within the team or escalated to senior management

- Identify, develop and retain talent ensuring growth for team members and ensure succession planning is built for critical roles

- Establish an inclusive, open and speak up culture wherein team members are encouraged to express views and raise their concerns without fear