CM/AD - Operational Risk Specialist - Bank

Job Title : Operational Risk Specialist

Location : Mumbai

Qualification : CA / MBA / Master in Finance

Principal Responsibilities :

- Collaborate with various Business, Operations and Support Functions to implement bank's Operational Risk Management Framework for proactive identification and management of operational risks in a consistent manner.

- Review of Product and Process notes from identification of Operational risks.

- Review of Policies on Operational risk issues for stronger governance.

- Review and independently challenge Operational risk assessments submissions by Business/Operations/Support functions.

- Design of Key Risk Indicators and analysis of KRI data.

- Tracking of Open Issues from operational risk registers, audit reports/ regulatory reviews, internal control testing reports for closure and validation.

- Incident analysis, escalation/ reporting including tracking of Open actions.

- Assist in preparation of Operational Risk Management Reporting for Senior Management

- ORM Training and awareness initiatives.

Required Skills and experience :

- Experience of Operational Risk within Banking domain specially for Retail Liabilities/Assets products.

- Understanding of Basel and other globally recognized control frameworks

- Good analytical skills and keen eye for details and ability to identify control gaps with the ability to change. Good auditing and review skills