Job Description
About Risk:
The Risk department ensures that the Bank's risk is managed through a risk management architecture as well as through policies and processes approved by the Board of Directors encompassing independent identification, measurement and management of risks across the various businesses of the Bank.
The Risk department of the Bank strives to proactively anticipate vulnerabilities at the transaction as well as at the portfolio level, through quantitative or qualitative examination of the embedded risks About the Role:
The Operational risk team ensures that the operational risk exposure of the bank is in compliance with the overall risk appetite and philosophy of the Bank as defined by the Board of Directors.
The team also ensures compliance to the Operational Risk Management (ORM) policy and processes defined by the bank Key Responsibilities Conduct Analytics of KRIs and Loss Data Responsible for implementation and framing of policies & frameworks for the Advance Measurement Approach (AMA)
Responsible for Communication & Submission to RBI about AMA. Run the Capital Computation Model for the Bank. Co-ordinate with external consultants who validate the AMA, and identify any gaps and provide solutions for the same Conduct workshop to help understand scenario analysis Qualifications:
Optimal qualification for success on the job is: MBA (Finance) from a recognized institute
Role Proficiencies:
For successful execution of the job, the candidate should possess the following: Thorough Understanding about AMA and Operational Risk Good communication (both verbal and written) skill in both English and the local language Ability to handle pressure and meet deadlines
The Risk department ensures that the Bank's risk is managed through a risk management architecture as well as through policies and processes approved by the Board of Directors encompassing independent identification, measurement and management of risks across the various businesses of the Bank.
The Risk department of the Bank strives to proactively anticipate vulnerabilities at the transaction as well as at the portfolio level, through quantitative or qualitative examination of the embedded risks About the Role:
The Operational risk team ensures that the operational risk exposure of the bank is in compliance with the overall risk appetite and philosophy of the Bank as defined by the Board of Directors.
The team also ensures compliance to the Operational Risk Management (ORM) policy and processes defined by the bank Key Responsibilities Conduct Analytics of KRIs and Loss Data Responsible for implementation and framing of policies & frameworks for the Advance Measurement Approach (AMA)
Responsible for Communication & Submission to RBI about AMA. Run the Capital Computation Model for the Bank. Co-ordinate with external consultants who validate the AMA, and identify any gaps and provide solutions for the same Conduct workshop to help understand scenario analysis Qualifications:
Optimal qualification for success on the job is: MBA (Finance) from a recognized institute
Role Proficiencies:
For successful execution of the job, the candidate should possess the following: Thorough Understanding about AMA and Operational Risk Good communication (both verbal and written) skill in both English and the local language Ability to handle pressure and meet deadlines
💡 Quick Summary
Seeking a career-building opportunity? The Risk|Operational Risk Team position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.