Operational Risk Consultant
Job Description :
Job Title : Operational Risk Consultant
Job Specifications :
Reports To : Operational Risk Manager
Location : (Bangalore/ Hyderabad)
- Essence of the job/ job purpose: Internal Controls Validation
Job Objective : To assess, test, monitor and report on the adequacy, efficiency and effectiveness of systems of internal control and the degree of compliance with internal controls, policies, procedures, regulations, and laws.
Principal accountability :
- Demonstrate experience and knowledge in matters related to internal controls
- Drive the controls testing program with other risk management professionals as per framework
- Manage timely execution of risk-based controls testing process in accordance with the controls testing plan, and assist and coordinate other audit and exam matters
- Test regulatory compliance controls to determine compliance with regulations, policies and procedures
- Perform testing under Sarbanes Oxley Act for applicable processes
- Support the Operation Risk Manager to enhance risk based control assessment and testing methodologies, checklists and reporting templates
- Review adequacy of internal control design, perform independent control assessment and testing and identify reportable issues and risks and process and control design improvements
- Support the Risk Relationship Managers to maintain the matrix of internal processes and the required controls for all functional areas
- Support management reporting and ad hoc requests pertaining to Risk Management and Compliance matters
- Manage internal tools relating to corrective actions from audits, regulatory compliance tc.
- Partner, collaborate and liaise with Risk Relationship Managers to effectively
- Manage relationship with stakeholders, functional area mangers and teams
Qualifications Specifications :
Academic : B.Com/ M.Com/ MBA Certified Public Accountant
Professional : CA/Certified Information Systems Auditor (CISA)/ Certified Internal Auditor (CIA)/ Certified
Experience in Years :
Mandatory :
- 3 to 7 years of overall experience
- Relevant experience in internal/ external audits or controls testing
- Knowledge about Accounting Standards, SEZ regulations
- Knowledge of MS Office
Other :
- In addition, preferred candidates will possess knowledge about Basel Committee/accords, Anti Money Laundering laws, US GAAP and other US Banking Regulations, but not mandatory
- Industry / Area Captive Offshore unit and / or IT Industry (preferably Banking Domain)
Any Other : Excellent team player
- Excellent communication skills (verbal and written)
- Willingness to take up challenges, manage complexities and adapt to dynamics at work environment
- Experience in managing Control Environment and/ or Internal Audit of financial institutions or corporate bodies
- Knowledge of operational risk, regulations, industry and respective business operations, processes and systems
- Demonstrated critical thinking and analytical skills
- Proven ability in exercising independent judgment and applying prudent risk mitigation principles
- Demonstrated negotiation, communication and presentation skills
- Ability to pay attention to detail and good follow though
- Consulting experience with management teams
Teja
Consultant - Live Connections
8297781110
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