Role : Responsible for overseeing risk-taking activities across the organization. Managing the implementation of all aspects of the risk function, including processes, tools and systems to identify, assess measure, manage, monitor and report risks. Direct responsibility for the oversight and development of the Risk Management department, which includes Audit, Operations and Compliance as well as coordination of risk management and reporting activities with respective responsible risk managers across the organization. Responsibilities : - Assist in the development of and manage processes to identify and evaluate business areas' risks and risk and control self-assessments. - Manage the process for developing risk policies and procedures, risk limits and approval authorities. - Monitor major and emerging critical risk issues, measuring the organization's exposure to them - Assess risk/return trade-offs associated with transactions, products, analytical tools and client relationships - Manage the process for elevating control risks to more senior levels when appropriate. - Monitor and evaluate processes for collection and assessment of internal and external complaints. - Provide risk management considerations associated with the development of strategic plans - Manage the corporate risk and control assessment reporting process as well as manage and maintain infrastructure elements (e.g., risk management reporting, including reporting to senior management). - Make recommendations on complex risk issues or products, deal structures, policy creation, etc. - Assess stress testing impact of risk on portfolio value and capital and advises the business accordingly. - Oversee the analysis and assess the impact of changes in macroeconomic indicators on portfolio/business performance, including scenario analyses - Formalize corporate governance program for management committee charters, authorities, and policies - Implement the security program's risk and control framework and global IT risk strategy. - Ensure the risk management program is effectively integrated into product development and delivery methodologies. - Support the Board and Risk Management Committee in its implementation, review and approval of the enterprise-wide risk governance framework which includes risk culture, risk appetite, and risk limits; ongoing monitoring of the risk-taking activities and risk exposures to ensure they are in line with the board-approved risk appetite, risk limits and corresponding capital or liquidity needs - Coordinate risk management and reporting activities with respective responsible risk managers (e.g. Chief Operations Officer, Chief Finance Officer, Chief Information Officer, Company Secretary, and others as needed) -Oversee Compliance functions for all departments - Serve as a point of escalation for key issues or time-sensitive decisions. - Maintain strong relationships with regulators - The position responsibilities outlined above are in no way to be construed as all-encompassing. Other duties, responsibilities and qualifications may be required and/or assigned as necessary. Experience and Background : - Degree Accounting or Finance required, MBA from a premier institute with 18 years of relevant experience - Persons holding relevant risk-related certification preferred Competencies : - Excellent communication skills, including the ability to communicate effectively both verbally and in writing through presentations and individual discussions with directors, managers, and/or employees - Ability to manage multiple priorities with strong organizational, management, and decision-making skills - Independent judgment with strong analytical and risk assessment skills - Proven track record of establishing, implementing, and using risk models. - Future-oriented, anticipates outcomes, decisive and results oriented.

Mumbai

Head - Audit & Reconciliation - BFS - IIM/MDI/ISB/FMS 

Head - Audit & Reconciliation - BFS - IIM/MDI/ISB/FMS  ,Job Description for Head - Audit & Reconciliation - BFS - IIM/MDI/ISB/FMS  in Armour Corporate Services in  Mumbai for (18-20) years of experience. Apply Now!

Job Description for Head - Audit & Reconciliation - BFS - IIM/MDI/ISB/FMS  in Armour Corporate Services in  Mumbai for (18-20) years of experience. Apply Now!