AVP - Financial Control - Bank

JD:

Ensure that financial control policies and compliance monitoring measures are in place and being complied with.

- To interpret any new financial / operational risk related control policies being floated at a group level and build a roadmap for its execution.

- To train / coach the teams across the bank in all such control related policies.

- Improve and tighten the financial control environment in the Bank.

- Provide advisory support to Business Units on financial control and other risk related management matters.

- Ensure that financial control weaknesses in the Bank are identified and control measures implemented to close the gaps.

- Ensure that all financial control issues are tracked and work with relevant parties to resolve the issues within the agreed timeframe.

- Ensure that all audits relating to Finance are well managed, and any issues escalated and resolved on a timely basis.

- Review results of periodic reconciliation exercise and escalate exception / non-compliance to senior management.

- Ensure the accurate preparation and timely submission of monthly operational risk meeting papers and Key Risk Indicator (KRI) reports.

- Partner the Business Units on operational risk matters to ensure business growth is balanced with risk management and control.

- To work with central policy group as a key stakeholder for all Control/risk related policies in terms of changes to be brought up and other policies as a key contributor.

- Ensure that the team is managing the day-to-day controls, periodic monitoring activities, timely identification and reporting of significant risks and losses and effectiveness of risk mitigation actions.

- Drive and implement an effective risk management framework, and promote a strong risk management and a compliance culture.

- Ensure adherence to the risk management framework and policies in identifying, controlling, monitoring and reporting of risk.

- To provide expert opinion on financial control measures when the organization launches any new product, ventures, subsidiaries and such other specific projects.

- To continuously challenge the Accounting System set up in terms of various administrative related controls in order to maintain the overall health of GL.

- To drive a metrics bound culture in reporting results of various control related activities and highlighting key operational / financial risks.

- To ensure overall adherence to the agreed SLAs at a unit level

- To contribute in any ad-hoc finance related projects.