Job Description
Roles and Responsibilities
Responsible for the completion of the Business Unit Risk Assessments
Develop Risk Mitigation Action Plans
Carry out detailed walkthroughs and process mapping to identify significant risks and controls
Report key risk and control indicators of department/business unit
Oversee the operational risk incident management process to guarantee that timeliness, integrity, and quality control are maintained
Ensure appropriate review of the financial impact of operational incidents and root cause and business impact analysis
Monitor, review, and communicate the impact to the risk profile of future initiatives, including new product assessments, changes to trading strategies, targeted risk reviews, and major business changes
Work together with other organizational line of defense (i.e. Compliance, Internal Audit, etc.).
Stay abreast of current industry standards
Develop and maintain technical knowledge of systems and data to ensure optimal use of technology
Responsible for the completion of the Business Unit Risk Assessments
Develop Risk Mitigation Action Plans
Carry out detailed walkthroughs and process mapping to identify significant risks and controls
Report key risk and control indicators of department/business unit
Oversee the operational risk incident management process to guarantee that timeliness, integrity, and quality control are maintained
Ensure appropriate review of the financial impact of operational incidents and root cause and business impact analysis
Monitor, review, and communicate the impact to the risk profile of future initiatives, including new product assessments, changes to trading strategies, targeted risk reviews, and major business changes
Work together with other organizational line of defense (i.e. Compliance, Internal Audit, etc.).
Stay abreast of current industry standards
Develop and maintain technical knowledge of systems and data to ensure optimal use of technology
💡 Quick Summary
Seeking a career-building opportunity? The Operational Risk Manager | For a leading Bank position is now open for candidates interested in the Bank Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.