Responsibilities

• Develop and Monitor risk tolerance limits, and establish risk appetite metrics and escalation thresholds for all major risk types focusing on operational risks including financial reporting, operations, people, processes, IT / IS, Cyber, privacy, Fraud risks etc.
• Review, provide effective oversight and conduct risk assessments for operational risk Pillar including but not limited to financial reporting, operations, Information Technology & Information Security, Privacy, Fraud and Cyber security risks etc.
• Be a Key stakeholder of Bank’s Regulatory Change Management program and provide guidance/oversight to ensure controls implemented through regulatory projects meet regulatory requirements in letter and spirit
• Provide effective challenge through reviews of bank processes, with special attention to regulatory aspects.
• Collaborate effectively with Credit and Fraud Risk, Compliance, GCO, Operational Excellence, Treasury, Financial Controller, and other stakeholders in the first line teams to ensure regulatory compliance and manage regulatory relationship and exams for safety & soundness related regulations

• Review, understand and advise stakeholders on any new /upcoming regulatory guidelines and their potential impacts on the processes of the Bank.

Qualifications:

• CA / CS / FRM / Post Graduate degree in management / compliance / statistics.
• 4+ years of leadership experience in Regulatory Compliance /Operational risk management areas; preferably in a Bank/fintech /NBFC
• Sound knowledge of legal and regulatory frameworks pertaining to credit card, banking, Basel, merchant services, network, payments industry, anti-money laundering and data protections & privacy laws etc.
• Strong analytical skills and business acumen with a risk-reward control perspective.
• Strong understanding of local market regulatory requirements and banking industry.
• Demonstrated ability to successfully manage multiple priorities.

Leadership Skills:

• Proven leader who can build, inspire, and coach a team with a passion for the business.
• Excellent relationship and influence management skills with the ability to build productive relationships across leadership levels and teams.
• Self-confident with a strong sense of integrity and the ability and willingness to challenge and be challenged.
• Proactive in identifying issues, delivering, and escalating key findings, and advising on recommended solutions to correct issues or mitigate risks.
• Ability to communicate oversight findings to colleagues, business partners, and senior leaders.
• Strong verbal and written communication skills

Skills

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