AVP - Operational Risk Management - BFS

Operational Risk Management

13-18 yrs Bangalore

only AVP

- Managing complexities/issues/risks within Business: Resolve issues independently

- Role: IC / Manager role

- Governance - Stakeholder Management

1. Set up meeting for regular connects with stakeholders (CEO-1)

2. Highlight to senior management (CEO-1) impactful details

3. Listen to internal partners and colleagues in order to understand and anticipate their needs and help them resolve the same at the earliest.

Managerial Controls:

1. Provide support to business in the modification /creation of managerial controls to ensure that controls are setup in a complete, accurate and timely manner, while meeting PCT requirements. (IC)

2. Anomaly management - Ensure that anomalies are effectively managed and tracked to closure (IC)

3. Ability to train senior Management and team members

4. Provide direction / guidance to ORM, in case of people manager

Incident Management:

1. Needs to challenge the BU/SU in the identification and management of its operational risks, defining and implementing the right remediation plan and challenge if required the risk acceptance taken by the business line

2. Incidents as defined by SG policies are captured in a timely manner, proper root cause analysis is performed along with corrective/preventive actions and incidents are tracked to effective closure

3. Reviews the above activities and ensure quality of deliverables, in case of people manager

4. Provide direction / guidance to ORM, in case of people manager

Support Activities:

1. Audit Support: Support Business and IGAD in the effective closure of audit recos. (IC)

2. Support BL for closure of Audit Recos (IC)

3. DLP / LAC / MAM: Provide support to InfoSec / ORM and ensure that these alerts are resolved in a timely and accurate manner (IC)

3. Publish KI/ KRI details accurately as per the timelines (IC)

4. Follow up with the business on outstanding items (IC)

5. Drive his team to perform the above activities in an efficient manner (PM)

RRM/ MRM/ Governance Meetings:

1. Prepare and present RRM/MRM Decks for monthly connects with BL Heads and different stakeholders on all risk topics independently (IC)

2. Negotiates and influences decisions along with senior management and global counterparts. (IC)

3. Reviews the above activities and ensure quality of deliverables, in case of people manager

4. Organizing various governance meetings like the Operational Risk Committees

Risk Assessment:

1. Independently perform assessments in timely manner and accurate manner and capture material risks that affect the process. Actions plans are formulated and tracked to effective closure (IC)

2. TRA / NPC / RPA/ Vendor Assessment: Risk Assessments are performed in a timely, accurate and comprehensive manner (IC)

3. Reviews the above activities and ensure quality of deliverables, in case of people manager

4. Provide direction / guidance to ORM, in case of people manager

RCSA:

1. RCSA process is performed as per the schedule and all risks are captured. (IC)

2. Challenge BL appropriately basis prior incidents, audit recos, anomalies etc to identify new risks. (IC)

3. Create RCSA synthesis to be presented to BL head and senior Management. (IC)

4. Reviews the above activities and ensure quality of deliverables, in case of people manager

5. Provide direction / guidance to ORM, in case of people manager

6. Expert knowledge of the RCSA policy

Profile

EDUCATION/QUALIFICATIONS REQUIRED

- Graduate/ MBA / Chartered Accountant

- Relevant Risk Certification is a mandate.

EXPERIENCE REQUIRED:

- Approximate 15+ years of experience with risk and relevant functional experience of 10+ years. People managing experience is an added advantage

- Should have experience on Internal Controls, Risk Management, Process & IT controls