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15/09 Reema Maheshwari
Founder/Chief Consultant at Credence HR Services

Views:380 Applications:83 Rec. Actions:Recruiter Actions:7

Vice President - Operational Risk - Investment Banking (12-18 yrs)

Hyderabad Job Code: 978751

We are hiring a Vice President for our Investment Banking client in Hyderabad.

Role Description :

- Compliance, Conduct and Operational Risk plays a critical role in the successful execution of the firm's Compliance, Conduct and Operational Risk mission. The function ensures the development and maintenance of a strong controls culture, by developing and maintaining a program infrastructure that identifies, measures, and monitors Compliance, Conduct and Operational Risk adherence.


This function works closely with Business, Controls, Legal, Risk, Compliance and Audit functions to provide expertise on risk matters, assess and measure related risks, and monitor and test the adequacy of the firm's control environment.

- The role of our 2nd Line of Defense is to support the company in maintaining the highest standards of ethical conduct and operational compliance with both the spirit and intent of the many policies, laws, rules, and regulations that govern.

- The team is responsible for the timely and effective management and execution of the firm's global monitoring and testing programme across multiple lines of business. This role will lead a team of individuals responsible for providing solutions to drive effective controls monitoring and testing techniques through the use of data, and for the execution of certain monitoring and testing engagements.

- This individual will also be responsible for the execution of more traditional monitoring and testing disciplines, whilst continuously identifying, researching and designing opportunities to automate and innovate through collaboration with colleagues across other Data Analytics teams, lines of business, Corporate Functions and Technology. Candidate will be part of the Core initial build out team and hence immense opportunities available for innovation, shaping up the structure and processes within the team.

- Candidates who have zeal to perform in complex and growing environment, are comfortable working with multiple global stakeholders and would like to make a difference to the Start Up Team should apply. Immense opportunities are available to shape up the new team structure, processes and for innovation.

- Candidate with prior experience of Operations, Risk, Audit, Technology can apply.

Responsibilities :

The ideal candidate will be expected to :

- Lead a team of risk professionals as they carry out all phases of control evaluation (Monitoring and testing)

- Work as an Individual Contributor as well and perform monitoring and testing activities.

- Create a culture of excellence by proactively developing a team of talented and diverse risk professionals to support the execution of the Monitoring and Testing program.

- Mentor / guide team members and oversee the completion of all monitoring and testing activities and documentation from governance perspective.

- Lead and contribute to activities other than BAU that are run at the group or function level.

- An ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making.

- Identify and deliver innovative solutions, with a focus on opportunities that drive department efficiency, effectiveness and consistency

Support analysis on requests, opportunities, including fact finding, applicability, viability, feasibility and sustainability.

- Project manage automation initiatives, partnering with and engaging stakeholders as needed.

- Manage relationships and communication with key stakeholders.

- Continuously seek opportunities to simplify, consolidate and automate existing M&T disciplines and activities.

- Stay abreast of new tools and technologies to assist in creating the most efficient and effective solutions.

- Pro- actively partner with and be accountable stakeholders across the firm's global footprint.

You offer :

Further to what has been outlined above the ideal candidate should have :

- Minimum 12+ years of experience in risk management and financial services industry; with Rich Operations experience especially in Fund Accounting, Markets and Settlements Operations , Payment Operations.

- Hands on / extensive compliance testing experience will be an advantage.

- Experience in Risk management or internal control evaluation experience with demonstrated leadership skills and ability to drive improvements will also be an added advantage.

- Extensive experience in designing and executing control testing programs, including the development of consistent standards and methodologies shall be desirable.

- Effective communicator, both orally and in writing, able to ask well- crafted questions and present ideas in a clear and compelling manner, good listener who engenders creative thinking and teamwork.

- Organizational courage and willingness to make tough, informed decisions and thoughtfully share independent perspectives.

- Demonstrated negotiation skills, especially with difficult topics when partnering with senior management. This includes the willingness and ability to question decisions, understand direction and escalate issues, where necessary.

- An ability to develop and articulate sound proposals to key stakeholders, and an ability to influence and drive timely decision making

Strong analytical, critical thinking and problem- solving skills, coupled with an ability to translate ambiguous ideas/issues into well- defined plans/solutions with a track- record for delivering results.

- Demonstrated ability to deliver high quality output from self and team.

- Strong project management skills, experience working with complex data sets and environments, drawing conclusions and reporting findings.

- Proven ability to oversee several tasks concurrently in an efficient and effective manner with a track record in creative and successful delivery.

- Proven leadership skills with the ability to manage expectations and competing priorities, be enthusiastic, have willingness to adapt in a fast- paced environment, understand sense of urgency, be effective under pressure.

- A strong interest in further developing and integrating operations with technology.

- Demonstrate balanced judgement with respect to deciding inquiries to pursue vs. cease.

- Good knowledge of control design and root cause analysis.

- Have flexibility regarding working hours

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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