VP - Operational Risk - Bank Captive

Looking for VP -Ops Risk for MNC Bank Captive, Mumbai. The candidate must possess prior exp in Ops Risk with in a global investment Bank. Candidates who do not have prior experience of working in an investment bank-PLEASE DO NOT APPLY.

Operational Risk Responsibilities will be as follows:

Review workflows to minimise risks associated with the product & improve overall control environment. Sample checks of work against set procedures and SPOT checks form part of profile.

Development, maintenance and ongoing enhancement of process controls incl. initiation of projects, where required

Implementation of controls to mitigate process risks in case of Operational Errors / Near Misses/Exceptions

Strong Stakeholder Engagement to ensure identification of issues, quick completion of action plans via scheduled platforms as well as opportunities to deliver back via training/awareness sessions

Rollout regular training programs - esp. regards aspects like Controls Along the Transaction Lifecycle, Risk Reporting, SOX, Audit etc or specific/need based ones incl. policies & procedures

Review key risk indicator framework; Scorecards, Dashboards to ensure appropriateness of Metrics / KPIs and facilitate business reviews

Be able to do Data Analysis and build a strong and robust MIS platform and program & drive productivity initiatives to improve controls

Monitor compliance of policies and procedures relative to risk exposure

End to end reviews of transitioning processes, discuss/escalate issues, develop robust culture of tracking & reporting metrics after go-live

Ensure excellent internal audit ratings; co-ordinate all internal & external audits

Ensure compliance to required procedures & governance practices

Responsible for certain Management Reports