Operation Risk Management Role

Job Description :

Operation Risk Management

Experience : 5-8 years

Location: Pune and Bangalore

Job Tittle : Operation Risk Management

Budget : 18LPA

Work Mode : Hybrid

Mandatory Skills: Risk Identification, Quantification, Key Risk Indicators, Incident Management, risk assessment, risk framework.

JD :

Operational Resilience Core Operational Responsibilities :

- Ensure continual improvement in operational risks areas at all levels.

- The position is required to adopt a partnership approach to understand underlying risks and recommend appropriate fit- for-purpose practices in all COEs & enabling functions such as Facilities, HR, Finance, Procurement, IT, etc.

- Plan and conduct entity level risk identification and risk quantification in line with group framework

- Support direct report in detailed investigations of key incidents reported in incident tool

- Engage with stakeholders to revise entity level key risk indicators (KRIs) and monitor on periodic basis

- Track risk response action tracker with stakeholders and report on periodic basis

- Manage and support COEs on transition risks assessments (TRA) during migration of processes

- Ensure timely renewal of corporate insurance policies and corporate claim reimbursements

- Stakeholder management on audit remediation and ensure timely closure of audit points

- Prepare/Review dashboards for key activities listed above in various forums like RRC, MRM, Exec reporting etc.

- Actively participates in the development of risk policies, review and update operating procedures

- Embed and align Internal Control framework into operational risk management

- Perform gap analysis, conduct testing of potential risk areas, challenge self-assessments and identify reportable issues

- Periodically provide training and guidance to staffs on various areas of Operational Risk Management (build awareness)

Key Skills and Competencies :

- Strong stakeholder management, ability to communicate with conviction and influence at all levels in the organization

- Agile and Reliable in meeting deliverables under tight deadlines

- Work independently and achieve autonomy within short time

- Proactive, self-driven, ability to operate with minimal supervision, multi-task and prioritize work

- Good documentation skills, Ability to communicate clearly, concisely and effectively

- Strong analytical and problem-solving abilities and attention to detail

- Ability to identify and drive process improvements

- Training skills to educate 1-LOD on various risk management areas

- Ability to handle process escalations, identify issues and risks and propose resolution

- Team player, to work harmoniously as part of a team

Technical Competencies :

- Exposure to Risk Identification, Quantification, Key Risk Indicators, Incident Management

- Proficiency in MS Office applications, especially Word, Excel, Access and PowerPoint

- Ability to perform tasks on multiple computer applications