Pg QA- Assoc- Mumbai Risk Cent

Job Title :
- Associate
Location -Mumbai, India
The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the Bank’s Non-Financial Risk exposure is adequately managed in-line with the group wide risk appetite and NFRM framework.
The Product Governance function sits within NFRM and is responsible for the management of the New Product Approval (NPA), New Transaction Approval (NTA) and Product Lifecycle Frameworks to ensure appropriate due diligence takes place prior to the implementation of any new product, business initiative or non-vanilla transaction, that all products are regularly reviewed along their Lifecycle and that potential risks are appropriately assessed and managed.
This is a key role within the Global Product Governance function encompassing regionally, divisionally and globally focused elements.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under child care assistance benefit (gender neutral)
- Flexible working arrangements
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Your key responsibilities
- The key responsibilities for the role include
- _
- Periodically review the documentation required for the various stakeholders participating in the new product and transaction approval process and implement these changes as a part of the QA process.
- Responsible to perform the quality assurance review for the product and transaction approvals to ensure they are in-line the appropriate level of documentation and due diligence required by the policy.
- Review and challenge wherever there are any gaps observed. Engage with Senior Stakeholders to clarify/resolve these gaps and escalate as appropriate for their remediation
- Review and challenge the evidence provided by the business on the trade dates updated by them
- Assisting the global teams by performing a quality assessment of the various product and transaction submissions and also supporting with the various product lifecycle elements.
- Identifying opportunities to streamline processes proactively and implementing them.
- Support the global initiatives and priorities.
Your skills and experience
- Relevant, essential qualifications/skills/experience/qualities
- _
- Experience in risk management, Knowledge of financial products, control background
- Capacity to grasp complex concepts and present them in an appropriate manner to the target audience
- Creative thinker with ability to challenge and enhance the status quo and develop new solutions
- Analytical skills (incl. detail orientation), flexible approach with problem solving focus
- Strong (senior) stakeholder engagement experience and ability to cooperate across a global team as well as across a diverse group of cross functional stakeholders
- Advanced working knowledge of Word, Power Point, Excel.
- Excellent Verbal and Written Communication Skills.
How we’ll support you
- We will help develop, train, coach, progress and optimise work life balance by
- _
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
About us and our teams
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.