- The candidate should have worked extensively on maturing the risk culture through diligent initiatives.
- Experience in the financial services industry and a working knowledge of regulatory requirements.
- Profound knowledge of Risk Management (regulatory requirements, industry leading practices & trends in ORM and ERM)
- Ability to articulate complex concepts and information in a clear, concise, and structured manner.
- Strong strategic, analytical, and decision-making skills.
- Proven relationship management skills and ability to influence a large and diverse group of stakeholders (often without organizational structure) through persuasion, intellect, experience, strong interpersonal skills etc.
- Stay abreast of current industry standards, regulations, and external environment.
- Develop and maintain knowledge of systems and data to ensure optimal use of technology.
- Strong strategic, analytical, communication and decision-making skills
Job Responsibilities:
- Review new product / process documentation and be able to identify the impact of the same on the Operational risk profile and ensure that adequate mitigation measures / controls are in place
- Monitor, review, and communicate the impact to the risk profile of future initiatives, including new product / process assessments, targeted risk reviews, major business changes, changes in regulations and changes in the operating environment.
- Responsible for the completion of the Risk and Control Self Assessments for the assigned departments / verticals in the ERM tool, if any
- Carry out detailed walkthroughs and process mapping to identify significant risks and controls
- Identify Key Risk Indicators for the assigned verticals / departments, monitor and report the same periodically
- Assist in determining company's risk appetite and quantify the amount of risk as per the impact and likelihood.
- Oversee the operational risk incident management process to guarantee that timeliness, integrity, and quality control are maintained
- Review the operational risk incidents and conduct root cause analysis and business impact analysis
- Development of Risk Mitigation Action Plans
- Work together with other organizational line of defense (i.e. Compliance, Internal Audit, etc.).
- Managing and building relationships with ORM vendors.
Preferred Educational Qualification: CA or MBA
Experience: 5+ years of relevant experience in risk identification and management, Enterprise Risk Management (ERM), Operational Risk Management (ORM), Incident governance, compliance and/or Audit.
Attitude
- Fast paced and Passionate to build career
- Self-motivated and self-starter
- Eager to learn and deliver
- Collaborative
- Pride for Nation building and Brand loyalty