SVP - Operational Risk & Permanent Control Framework - Territory/Internal Audit - Bank

Responsibilities:

Direct Responsibilities:

Operational Control Framework for Bank and SIPL:

- Implementation of Group Policies and Procedures on Operational Risk & Permanent Control.

- Performance of Control of Control (CoC) for Bank on a sample basis and reporting in ORUS.

- Follow up for closure of findings and Ensuring Action Plan is in place.

- Coordinating for finalization of RCSA & GCP

- Coordination of NAC/TAC with region and Business partners

- Overview for Branch controls:

- Check Controls generally in place at branches for processes carried out and requisite processes & controls are generally adhered to.

- Discussion and Finalisation of Findings & Action Plans.

- Follow up for implementation of Remediation Plans suggested to mitigate control gaps

Reports/Presentation:

- Preparing reports/Presentation for LPCM , APAC ORMF, Operational Risk Meetings, LRMC and ICC.

Flying squad Audit of Branches:

- Check Controls generally in place at branches for processes carried out and requisite processes & controls are generally adhered to.

- Discussion and Finalization of Findings & Action Plans.

- Follow up for implementation of Remediation Plans suggested to mitigate control gaps

Projects:

- Risk Mapping Projects: Performing Annual Risk Assessment Exercise with concerned departments and any other assigned project.

Procedures:

- Updation and Management of Procedures

Operational Risk Incident Management:

- Analysis of Incidents and discussions with concerned departments; Capture of Incidents and Action Plans in the Incident Management Tool.

Contributing Responsibilities"

- Enhance skills and capabilities. Given organizations' evolving needs, internal audit's skills especially in areas of Trade Finance and Regulatory must evolve for the function to remain relevant.

- Anti-Money Laundering / Financial Sanctions ("AML/FS") related duties

- Operations are an integral part of the control framework including for AML/FS topics. In that respect, in performing your role you are expected to ensure adherence to AML/FS-related Group Policies and execution of associated operational controls, and to promptly escalate any resulting hit for analysis and decision to the relevant authority."

Technical Competencies :

Domain Knowledge of Banking - with Risk mindset, Should have knowledge on Payments & Cash Management Operations, Trade Finance Operations, Transaction Banking Advisory, Global Markets ALM Treasury Operations, CLM Services- Due Diligence & Loan Services; Securities - Cash & Derivative Operations; Accounts Payable; Procurement and General Administration; IT Physical Security.