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Job Code
1516748
Operational Risk Practitioner - Retail Assets - BANK
Given below position details with a Leading Bank:
Job Title: Operational Risk Practitioner - Retail Assets
Reporting to: Lead ORM
Function/ Department: Operational Risk Management
Location: Mumbai
PS : Candidate required with Internal Audit or ORM exp
Job Purpose:
ORM is the second line of defense which ensures all the Risk highlighted by the Business are effectively being monitored and relevant controls are in place to mitigate the Risk.
Roles & Responsibilities:
- Support the risk and operations functions for the Retail Assets (including Digital & Fintech based Lending and related Operations) by assessing the quantum of operational risk, providing a view on the level of exposure relative to risk appetite and advising on risk mitigation.
Activities includes but not limited to:
- Defining of Standard Operating Procedures (SOPs), Risk Registers, KRIs and monitoring them.
- Conducting the annual RCSA, Analysing of Incidents being reported and verifying the Corrective and Preventive actions.
- Review and approve the Product Notes from the ORMD perspective.
- Ensure that relevant dashboards are generated, disseminated and followed up appropriately in adherence to defined procedures and quality standards.
- Knowledge of Retail Advances is highly recommended.
- Working on various projects and actionable as and when advised by the senior management.
- Working on various internal projects to enhance the productivity of the department.
- Suggesting and implementing the best industry practices.
- Managing the team's aspirations
- Attracting and retaining the best talent.
- Adherence to the bank defined framework of the Operational Risk Management.
- As per the metric defined from time to time in the KRAs.
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Posted By
87
JOB VIEWS
35
APPLICATIONS
25
RECRUITER ACTIONS
See how you stand against competition
Pro
View Insights
Posted in
Banking & Finance
Job Code
1516748
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