Senior/Chief Manager - Operations Risk - FinTech

Industry - Banking / Financial Services / Broking

Category - Finance

Job Type - Permanent

Description - The role involves control testing of various risks in the Bank including Outsourcing Risk Management/Product Governance Risks/ Compliance Risks/Legal Risks/Fraud Risks/Other operational Risks and improving the RCSAs of various business units.

Client Details - Our client is a leading Fintech company

Description :

Operational Risk identification, mitigation, monitoring

- Enhancing Risk & Control Self-Assessment (RCSA) framework across Business and Support units.

- Ability to analyze big data and trends and carrying out effective control testing and publishing the scorecards of the functions.

- Performing RCA on identified risk events and recommending improvements to prevent these risk events from re-occurring in future.

- Conducting PAC meeting and ensuring the PACs are conducted in line with the Product Governance Policy of the Bank. Maintaining track of deliverables with respect to products approved

- Identifying key risks in relation to products; maintaining minutes of meeting

- Review major policies, processes and products for the Bank and propose change based on new risk, control enabled and new policies implementation

- Monitoring BCM framework of the bank. Ensuring that timely BCP drills take place.

- Review of program and tools to ensure they are updated. Bringing in automation in processes of the Risk Function.

- Ensure BCP testing is carried out as per schedule for both business and support unit.

- Performing control testing and measuring risks, implementing controls, measure their effectiveness of the controls tested.

- Track and analyze loss events raised, follow up with respective functions to complete the root cause analysis on time.

- Frame and release RCSA reports to the central group and arrive at an overall risk for the entity

- Ability to challenge status quo and suggest constructive changes within the department.

- Supporting in implementation of RSA Archer Tool in the Bank; liasoning with stakeholders for its implementation

- Analytics, Automation and Documentation

- Suggesting enhancements in Risk Management tool - RSA Archer.

Reporting:

- Implementation of the directions of the Board Level Committees

- Submission of Returns to RBI

- Preparing trends basis inputs from the industry

Profile :

Skills Required;

- Technical acumen

- Problem-solving and decision-making abilities

- Excellent Excel and Power Point Skills

- Analytical skills and a good eye for detail

- Good communication and presentation skills

- Ability to understand broad business issues

- Ability to draft and present notes for the management

- Ability to work cordially with cross functional teams

Educational Qualifications - Post Graduate

- Professional qualification such as CA/CS/ICWA/MBA in finance

- Qualification in Risk Management will be added advantage

Work Experience:

- Minimum 8-10 Years of experience in Risk Management (Operation Risk/Technology Risk) in banking sector.

- Incumbent can be from any payments bank (Paytm Payments Bank/FINO) or from scheduled commercial banks such as Kotak, IndusInd, RBL, foreign banks, etc.

Job Offer :

- Opportunity to be a part of the risk function of a leading fintech

- Learning and wealth creation opportunity

- Meritocratic and agile culture

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Deeksha Jha on +91 124 452 5423.

Contact - Deeksha Jha - +91 124 452 5423

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