Director/Head - Operational Risk & Controls - Investment Bank

Discipline - Banking

Subsector - Risk Management

Location - Delhi NCR

About our Client - Our client is one of the leading Financial Institutions Globally. Due to expansion in their global business, an outstanding opportunity has arisen at a very critical senior position for effective execution and management of Risk and Control across their financial services centre. They are looking for seasoned professional with over 16 years of experience to join their team as Head of Risk.

Job Description - As a Director - Operational Risk & Controls, you would be responsible for managing operational risk and ensuring Sarbanes Oxley (SOX) compliance while ensuring that finance center of excellence meets its obligations as the first line of defense. You will be responsible for driving the operational framework and managing the operational risk across critical finance and accounting functions such as reconciliation, financial reporting, MI reporting, decision support, product control, finance systems, etc. You would also be responsible for:

- To build and drive the implementation and management of the Operational and Regulatory Risk control framework

- To continuously improve management of the Operational Risk framework across business using global risk management tools such as RACA in identifying the need for adaptation of controls to meet changes in the risk profile and optimize balance between controls and risk

- To work with Group Risk Functions on policy development

- Effective and proactive risk management within business, ensuring Senior Management engagement with operational risk objectives

The Successful Candidate - You must be a CA/CPA with at least 16 years of post-qualification experience with extensive background of working in a Retail / Investment Bank

- Comprehensive understanding of governance & control frameworks designing/ testing along with other aspects of operational risk management is critical

- Excellent understanding of different financial systems along with strong experience of establishing controls around F&A functions (Financial Reporting, Controllership, LEC, Reconciliation, etc)

- Strong experience of business process documentation, risk assessment, control designing and testing controls

- A strong understanding and practical experience of Risk and Control disciplines, including COSO Framework, SOX and RCSA is critical

- Strong leadership skills, interpersonal skills / ability to develop relationships partnership with peers in BU and Operational Risk Functions outside business unit and central operational risk management group, SOX Office and other such risk subject matter experts

What's on Offer - Our client can offer a dynamic and exciting work environment with great international career opportunities for the high performers. Candidates with the right attitude and experience will be offered a competitive package and the chance to join a leading MNC Bank.

The Apply Button will redirect you to Michael Page's website. Please apply there as well.