I am looking for....

Job Search Details

Job Id: 672
Job Title: Operational Risk
Industry: Banking, Financial Servcies & Insurance
Functional Area: Accounting / Finance / Tax / Audit / Company Secretary
Salary: 10 Lac - 17 Lac
Job Location: Mumbai
About the Client

Client is an Asia-based financial services group with an integrated global network spanning over 30 countries. It services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving
clients with creative solutions and considered thought leadership.

Job Description

As integral part of India Operations Division and a franchise of Global Risk and Governance function, the Operations Division Risk and Governance (ODRG) - India team is responsible for putting in place a robust ‘Risk and Governance framework’ within India Operations Division. The framework aims to cultivate a culture which supports identification and management of risks (primarily operational risk) on a proactive basis using basic tools such as Risks and Controls Self Assessment (RCSA), Key Risk Indicator (KRI) monitoring, Training, etc.

ODRG team partners with operating units to act as a key facilitator for achievement of above stated

Existing risk management framework includes, but is not limited to, the following:

1. Formulation & implementation of Policies and Procedures to govern risks
2. Cultivate strong risk culture by creating risk awareness at all levels using structured training
3. programs
4. Timely and accurate reporting of risks to Senior Management and stake holders (Incidents,
5. RCSA results, adverse KRI trends, etc.)
6. Conduct risk assessments for new projects/initiatives and change management with a view
7. to pre-assess risks
8. Validate and update RCSAs of functional units for comprehensiveness and adequacy
9. Define appropriate KRIs with thresholds and monitor violations for identified risks
10. Promote sharing of Best Practices across Operations (within India and globally)
11. Coordination with other Control functions to strengthen overall internal control

Role & Responsibilities:
1. To adhere to the Global Operation Risk Management policies and guidelines, translate and apply to India Operations
2. To implement the operational loss capturing, analysis and reporting process
3. To work very closely with other control functions to avoid duplication of effort
4. To develop and prepare the operational risk reports for Operations senior management and answer their queries
5. To establish the best practice of operational risk management which is comparable to industry standards
6. Work on critical MI assignments
7. Build and generate information to produce periodic reports
8. Produce time sensitive information on stipulated frequency and provide actionable data
9. Constantly identify, and report risks & issues

Desired Candidate Profile

1. IB Professional with experience of working in business lines / Operations / Risk Management / Internal Audit department of International Investment Bank
2. Prior experience in Risk, Controls, Internal Audit practices
3. Strong with PowerPoint and other MS Suites
4. Attention to detail with management reporting with clear and concise data points and presentation
5. Sound knowledge on financial industry and creative problem solving skills

Submit your CV
First Name :
Last Name :
Email :
Mobile :
City :
Current Company :
Current Designation :
Comments :
Upload Your CV :
Search Jobs