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Operational Risk Practitioner

Place of work Mumbai
Contract type -
Start date -
Salary -

Job details

Job description, work day and responsibilities

Place of work - Mumbai

Business Unit – Operational Risk Management

Function – Enterprise Risk Management

Reporting to - Lead - Operational Risk

Job Purpose:

The role entails leading the operational risk management activities at the enterprise level for the Retail Assets domain of the Bank. It will be responsible for designing/redesigning strategies to ensure effective coverage of operational risk. The role will closely collaborate with the team responsible including Business / Product Heads and Heads of Credit, Risk, Operations, Legal, and Collections to drive efficiency in Operational Risk area of the Enterprise Risk Management. .

Roles and Responsibilities:
• Support the risk and operations functions by assessing the quantum of operational risk, providing a view on the level of exposure relative to risk appetite and advising on risk mitigation for the Retail Assets function. Activities includes but not limited to
• Defining of Standard Operating Procedures (SOPs), Risk Registers, KRIs and monitoring them.
• Conducting the annual RCSA,
• Analyzing 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.
• 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.

Educational Qualifications:

Post Graduate- CA / MBA

Experience:

8-12 Years preferably in Banks, Financial Institution, Consulting having exposure to Retails Assets (including Digital Lending) and related Operations

Company address

India
Maharashtra
Mumbai Show on map Get directions
Company Name: IDFC FIRST Bank Limited
You will be redirected to another website to apply.
Apply on Website
Offer ID: #440862, Published: 5 days ago, Company registered: 2 years ago

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