PURPOSE
Lead the ERM work stream to drive review and implementation of Enterprise Risk Management frameworks and policies.
Principal Accountabilities
Develop and drive implementation of risk management frameworks and policies for managing risks across the enterprise.
- Ensure that the risk assessment models are up to date reflecting business/operating model and regulatory changes (Must have experience in developing assessment models for Pillar II risks).
- Take ownership of the Enterprise Risk Dashboards for update to Risk Management Committee and Senior Management.
- Ensure proactive monitoring of risk through key risk indicators, building on the existing frameworks.
- Drive identification and assessment of operational risks and controls through risk and control self-assessments (R&CSA) and, product and process review.
- Drive roll out of comprehensive operational risk loss database (to collate and monitor operational risk related losses and effective mitigation).
- Ensure alignment of risk management practices with regulatory requirements and industry leading practices.
- Periodically review Risk Management policy, procedures, reporting templates and framework to ensure everything is up to date
Educational in business or CA; MBA preferred.
Work Experience
- A senior executive with 7 - 12 years of experience in Risk Management within financial industry (Banks or NBFCs).
- Thorough understanding of Operational Risk Management frameworks, ISO 31000 and COSO ERM Framework.
- Must have experience in developing assessment models for Pillar II risks.
- Ability to lead discussions on risk identification, assessment, prioritization and mitigation.
- Ability to work effectively in a fast-paced, team environment.
- High level of commitment to quality work product, organizational ethics and integrity.
- Strong interpersonal skills and the ability to effectively communicate, both written and verbally.
(ref:iimjobs.com)
