Business Unit Overview:
Operational Risk Management covers the risk of loss resulting from inadequate or failed internal processes, people, systems or from external events. Along with Credit and Market Risk, Operational Risk is a key area of managing risk. The aim of Operational Risk Management is to provide a firm-wide Framework in partnership with the business that is simple, practical, achievable, and add value.
Representing Operational risk management in risk committees, forums and discussions
Liaison with global counterparts to ensure Op Risk information is consistent and adequately challenged
Providing independent expert advice to the business areas on operational risk issues
Reporting and escalating issues when necessary
Providing expert technical input and advice to operational risk framework development and issues
Developing and disseminating communications and training to the business to raise awareness of operational risk
Managing, coaching and developing India ORM team members as required.