AVP - Operational Risk & Control - BFSI

One of our leading Banking clients in Hyderabad is looking for AVP role who has strong work experience in Ops risk and control.

Designation: AVP (IC)

Experience: 10 - 14 Years

Qualification : Bachelor's degree required, Chartered Accountant

Location : Hyderabad

Role:

As a lead for the Risk and BCMR team supporting the Enterprise Functions, the position will work closely with the Functional leaders to assess the soundness of the control environment. This role will include understanding the operational risk within the functions, providing related risk assessment and acting as an advisor to the business on risk issues. The position will be responsible to review and evaluate the effectiveness and efficiency of the systems and processes, reliability of reporting, compliance with policies and procedures, applicable laws and regulations. The position will also be responsible to design and execute plans to strengthen internal controls, enhance quality assurance thereby reducing operational risk.

Responsibilities:

- Enabling strong operational risk management - Identify, escalate & debate risks across business units.

- Enabling functions to identify and monitor Key Risk & Control indicators with established triggers and limits.

- Ensuring Quality Assurance is implemented in adherence to GT&O Quality Assurance minimum standards.

- Periodic testing of key controls for critical functions, and supporting gap remediation as needed

- Support delivery teams on Issues management and Audit management

- Supporting day to day relationship management and communications with business partners at various levels of the organization, as well as other Enterprise Control Functions.

Mandatory skills:-

- Strong familiarity with Companies Act and Internal Financial Controls related requirements. Significant experience in developing, testing and assessing internal controls.

- Maintain awareness of changes in operations, regulations and audit practices in order to evaluate effectiveness and efficiency, and advocate and influence the highest standards of ethics, discipline, and professionalism.

- Should be objective in performing his work; should have an impartial, unbiased attitude and avoid areas of conflict of interest

- Strong knowledge and understanding of the Banking systems, internal control and reporting processes