- Embedding the regional best practice governance model in the location while ensuring local regulatory requirements/expectations are met
- Coordinate and help in conducting the Location Operating Committee (LOC) for the India Branch
- Presenting a holistic, aggregated view of all aspects of controls over operational risk
- Identifying emerging control issues and driving remediation/change, where required
- Understanding business and process changes and ensuring execution in a timely manner in support of the location
- Ensuring operational risk control and regulatory matters are included in location governance, that issues are logged, remediated and closed in accordance with corporate guidance
- Partnering with the business and Functional Control Officers to ensure the local Controls agenda is clearly understood to facilitate its delivery
- Engaging with local Compliance to ensure local requirements and issues are fully understood and escalated within the local and regional governance agenda
- Measuring, monitoring and reporting on the effectiveness of the regional location programme via governance, the provision and analysis of consolidated location MIS and reports (including operational risk control reviews)
- Adherence to policy, best practices, and location landscape reporting and location health assessments
- Engaging with Business/ Functional Control Manager and Operational Risk Managers to ensure CORE action plans and RED events are treated in accordance with policy across the location
Reinforce the Location Control Framework
- Facilitate Concurrent Audit reviews of relevant functions
- Monitoring control gaps and remediation, ensuring satisfactory resolution of issues is recorded in governance forums and corporate systems (e.g. CORE) and that remedial actions are fully embedded
- Diagnosing and benchmarking capabilities and good control practices and ensuring exporting of these practices across businesses/functions
- Ensuring adequate understanding of issues, maintaining a look ahead across the location for operational risk control impacts
- Supporting and/or executing the roll out of global/regional control initiatives in the location, e.g. outsourcing, OLO, CORE ,QORA etc., while ensuring country specific requirements are met
Ensure that a comprehensive Location Regulatory Engagement process is in place and executed
- Ensuring operational risk regulatory matters are included in location governance and that issues are remediated and closed in accordance with corporate guidance
- Partnering with local Compliance to ensure regulatory matters are managed and escalated at appropriate governance forums
- Managing cross-business regulatory exams / reviews / submissions / audits , both ad hoc and periodic, in partnership with Compliance
- Reviewing materials, which are cross-business, provided to regulators, coordinating CORE input of issues and actions, including ownership assignment, and tracking actions until completion. Leading the execution of remedial actions where needed
Qualifications
- 10+ years work experience in financial services
- A good understanding of Corporate Investment Banking products and markets
- Ability to engage with location Regulators and Auditors
- Highly motivated, energetic self-starter who takes ownership
- Good organizational skills - manages prioritizes multiple tasks across different time horizons within deadlines
- A good understanding of controls and how to apply them to different processes and businesses
- Strong analytical, problem solving process re-engineering skills
- Excellent Excel, Word, PowerPoint skills
- Excellent verbal and written communication skills
- Strong team player with excellent partnering and influencing skill
