Manager - Operational Risk

RIverForest Connections Private Limited
  • Mumbai
  • Confidential
  • 6-11 years
  • Views
  • 15 May 2018

  • Finance/ Accounts

  • Banking - Retail
Job Description

Key Responsibilities : Overall responsibilities for the OPC function within Compliance CoE. Perform process risk and control mapping for the Compliance CoE activities Assess the requirement for additional controls Implementing the control framework based on the current risk governance framework. Liaising with Functions OPC, where required. Ensuring that the controls are in place and working by: Conducting control testing including reconciliation Maintaining detailed and organised documentation of controls performed for evidence Tracking status, and follow up on corrective action plans, including status reporting Periodic reporting to the Functions OPC e.g. monthly reporting of errors, TAT breaches, SLA adherence controls, etc. Representing CCoE and reporting to various forums like ICC, management and HO on the controls Follow-up the implementation of Regulatory and/or Audit mission recommendations and provide status report on a regular basis to ensure closure in timely manner Conduct the Risk & Control Awareness Training (RCAT) for the CCoE team on a periodic basis Business Continuity Plan (BCP) Assess the BCP strategy across the CCoE team and identify any gaps/improvements where necessary Coordinate the BCP documentation review and the BCP tests across the Hub Prepare and report any KPIs in relation to BCP Deliver any BCP refresh /awareness training within the Hub Desired Candidate Profile: Education Background: BA/Bcom/Bsc/MBA #years of experience: 7-8 years of experience, in a control function in Banking / Financial services. Experience in Operations Risk, Internal audit would be desirable. Experience on Compliance functions mainly MI domain for few years is an added advantage. Technical knowledge & Skills: Control, process and risk oriented profile with strong analytical and problem solving skills Ability to understand and apply all established policies and other criteria in support of the risk governance framework Ability to identify and measure the risks throughout a business process, combined with associated technology including applications and/or systems Gather, prepare and analyze relevant metrics and data on operational risk including identification of inherent risk and mitigation plans Strong, effective oral and written communication Advanced Excel and PowerPoint skills Behavioural Skills / Competencies: Demonstrated teamwork skills and ability to work pro-actively with all levels of management and staff Ability to work with colleagues within and outside India across different cultures. Excellent Communication Skills and having the ability to communicate with different staff levels. Self-motivated with proven ability to work independently with limited direct supervision Ability to get big picture Strong analytical mind Deadline driven Execution focus. Manages pressure and priorities Multi-tasking


Job Posted By

Kavita Shermon
Associate Director