We are hiring Vice President - Operations Control for our Financial Services client based at Bangalore. Experience, Education & Skills : - Bachelor's/Master's degree or equivalent experience. - 15+ years in financial services, consulting, operational risk management or audit with a demonstrated track record of operational risk management. Experience in Asset Management is preferred. - Solid knowledge of Operational and Enterprise Risk Management (ERM) adept at and with a proven track record of working across multiple areas of businesses and functions. - Proven and decisive leader that can execute and lead across a highly matrixed agile organization. - Experience managing and developing a team with excellent motivation and team building skills, including the ability to recruit, develop and retain staff. - Knowledge of ERM trends and statistical techniques for operational risk management. - Strong consultative, process diagnostic and problem solving skills with the ability to rapidly understand the business context, process and synthesize large amounts of data to identify and advise the business on risk mitigation or issue resolution. - Strong influencing, facilitation and consensus building skills across the organization levels. - Ability to roll up the sleeves to assess risk, identify and communicate solutions, and drive change. - Dynamic relationship building and partnership skills; a strong collaborator with experience leading initiatives across multiple groups and stakeholders. - Outstanding communication and influencing skills, both written and verbal, with demonstrated ability to develop materials and effectively present to and persuade executive, Risk and Audit audiences and regulators. - Flexibility and ability to rapidly adapt to change and shifting business priorities. - Experience in adopting digital and automation-driven transformation to achieve robust - controls at scale- . - Global outlook with sensitivity and awareness of social and cultural differences. - Strong situational awareness and decision making capabilities. Responsibilities : - Build and lead an India Control consultants focused on : Risk Identification & Assessment, Control Design & Evaluation, Issues & Control Deficiencies, and Control Governance & Reporting. Responsibilities include : - Lead implementation of a comprehensive RCSA program and global Operational Resiliency Framework in India and potentially APAC, including designing effective controls in partnership with business leaders; measuring control effectiveness; and providing control implementation support and control validation - Oversee on-going monitoring and Independent verification and testing of controls, products, BCP using BU data to ensure that business- risk exposure stays within its Risk Appetite. - Ensure oversight and accuracy of Business Continuity Planning (BCP), Disaster Recovery (DR) and Third Party Oversight plans advising the business on crafting fit for purpose Exit Strategies and instituting robust Incident Management and Escalation policy, processes and procedures. - Enhance control design through technology, automation, machine learning to reduce manual controls and enable preventative risk mitigation. - Participates in regional Product Risk, Operational Reviews and new business initiatives to assess risk and advise management on solutions to mitigate it when outside of business risk appetite. - Lead the team through the continued implementation of the operational risk framework in India and potentially APAC with a focus on the identification of Key Performance Indicators to provide ongoing monitoring of control performance. - Partner with the Global Head of Controls and leverage industry best practices to design control testing framework and approach leveraging statistically driven approaches where appropriate to lend credibility to the test results. - Partner effectively with business, risk, audit, legal, compliance, regulators and technology control functions to drive consistent and rigorous operational risk practices and control programs. - Serve as the primary liaison for Risk, Audit and Regulatory reviews for jurisdictions under their remit. Advise business on regulatory exams, audits, action plans, regulator responses, leveraging a proactive approach to ensure satisfactory resolution. - Manage the risk and control, BCP, DR, and Exit Strategy inventory ensuring all the documentation is maintained in the enterprise repository for the jurisdictions under their remit. - Oversee accurate, timely and comprehensive reporting of controls effectiveness and compliance, remediation efforts to Management, 2LOD and 3LOD, Board, Regulators, and impacted business units, as applicable. - Ensure timely escalation and reporting of control deficiencies, incidents, breaches, and losses due to control failure. - Champion and reinforce a culture of good compliance and risk awareness by providing on-going feedback, training, conducting educational sessions with the business and the control team. - Hire and motivate consultants and support the Global head to reduce financial losses, regulatory exposure and reputational risk.

Bangalore

Vice President - Operations Control - Financial Services Firm 

Vice President - Operations Control - Financial Services Firm  ,Job Description for Vice President - Operations Control - Financial Services Firm  in Wellspring Consultancy in  Bangalore for (15-18) years of experience. Apply Now!

Job Description for Vice President - Operations Control - Financial Services Firm  in Wellspring Consultancy in  Bangalore for (15-18) years of experience. Apply Now!