Operational Risk Analyst - Finance & Support Functions - Bank

Given below the position details with a Leading Bank :

Position : Operational Risk Analyst - Finance and Support Functions

Chief Manager Level

Location - Mumbai

PS : Need candidates from Bank or Big4 with exp in Internal Audit or ORM for Finance

Job Purpose :

Operational Risk Management (ORM) is the second line of defense which ensures all the Risks highlighted by the Businesses/functions are monitored effectively and relevant controls are in place to mitigate the same. The role is responsible for ORM activities of shared services functions of the bank such as Finance, Human Resource, Procurement, Marketing, Legal, etc.

Key Responsibilities :

Support the shared services functions for Finance, Human Resource, Procurement, Marketing, Legal, etc. by assessing the operational risk, providing a view on the level of exposure relative to risk appetite and advising on risk mitigation activities including but not limited to:

1. Defining of Standard Operating Procedures (SOPs), Risk Registers, KRIs and monitoring them.

2. Conducting the annual Risk Control Self Assessments.

3. Analysing of Incidents being reported and verifying the Corrective and Preventive actions.

4. Review and approve the Product Notes from the Operational Risk perspective.

5. Ensure that the relevant dashboards are generated, disseminated and followed-up appropriately in adherence to defined procedures and quality standards