Position Title - Operational Risk Head
Designation / Department - AVP / Finance & Accounting
Role Summary
- To develop methodology and mechanisms to monitor and control Operational risk within the organization and develop early warning signals for monitoring the risk profile to ensure that proactive measures can be taken on timely basis.
Job Description
- Review of risk management policies and processes covering Operational, BCP, IT and outsourcing risks
- Devising & implementing Operational risk framework
- Developing & monitoring organization wide Risk and Control Self-Assessment (RCSA) framework including development & implementation of annual assessment plan
- Identification of critical risk factors within the organization and implementation of mitigation plans in consultation with respective business team
- Development & monitoring of Key Risk Indicators (KRI) across the organization
- Creating analytical framework for continuous monitoring of the operational health of the organization with timely intervention
- A good understanding of IT security framework to ensure mitigation of emerging IT Risks
- Approval of product and process changes
- Continuous review of the existing process with emphasis on automation and process improvement
- Development of MIS for critical risk parameters and continuous monitoring
CANDIDATE PROFILE
Educational Qualification - CA
Preferred Qualification - MBA (Finance)
Key Competence & Skills
- Good understanding of financial sector with in-depth understanding of risk in the various processes
- Analytical mindset with understanding of entire operational risk framework
- Understanding of industry best practices
- Interpersonal and organizational skills
- Critical Thinking / Problem Solving
- Teamwork / Collaboration
- Adaptability / Decisiveness
Years of Experience - 12+ years of relevant experience in Operational Risk / Operations of Financial Institution
No. of vacancies - 01
Location - Corporate Office, Gurugram, Haryana
