Senior Associate Operational Risk

Department Icon Risk Management & Compliance
93+ Applicants
Posted: 8 months ago
4-8 years
Jaipur, Rajasthan
Work from Office

Posted: 8 months ago
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Applicants: 96+
Job Description
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Job Description

    We are looking for experienced candidate in Operational Risk for Jaipur from Banking industry.
    Relevant Experience - 4+ year
    Location - Jaipur.
    Develop and implement risk governance, policies, principles and standards for operational risk management within the Group.
    Partner with the business and support units across the Group in implementing relevant operational risk governance, policies, standards, tools and methodologies to identify and assess key operational risks.
    Provide advice and guidance to subsidiaries and units (via Risk Controllers) on operational risk matters including risk management structure and processes, tailoring of Group policies, where applicable for location adoption.
    Independently assess key operational risk issues, monitor effectiveness or operational risk management and provide timely risk analysis and reporting to Board and Business / Support Unit Head.
    Perform analysis with the consolidated risk and loss data collected at Bank and Group level; submit regular operational risk reports to Business / Support Unit Head.
    Identify and escalate internal and external systemic operational risk issues/emerging trends across businesses, whilst ensuring that there are appropriate preventive/detective controls in place
    Apprise Business / Support Unit Head and/or board level risk committees of the overall operational risk profile and issues, including hot spots, key risk areas, loss trend analysis and key control remediation initiatives, etc.
    Keep abreast of industry developments, and ensure the banks ORM processes are aligned industry best practices.

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    Promote risk and control awareness through training, sharing of best practices and lessons learnt.
    Review and assess the adequacy and completeness of coverage of the Global Insurance Program upon maturity or periodically when there are significant developments and/or events.
    Manage and maintain the system that enables regular risk analysis and reporting to Business / Support Unit Head (via risk committees) and liaise with vendor and internal support parties.
    Please share your updated CV at hidden_email.,

Skills

Standards ImplementationInsurance Program ManagementReportingRisk AnalysisRisk GovernanceOperational Risk ManagementPoliciesControl Remediation

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About Company

Au Small Finance Bank, established in 1996 as Au Financiers, transitioned into a full-fledged bank in 2017. With a focus on financial inclusion, Au Small Finance Bank offers a comprehensive suite of banking products and services tailored to meet the diverse needs of customers. The bank serves individuals, small and medium-sized enterprises (SMEs), and the unbanked and underbanked segments with innovative financial solutions. Au Small Finance Bank is committed to empowering communities through accessible banking, fostering economic growth and social development. Join Au Small Finance Bank to be a part of a dynamic team driving positive change and creating impactful banking experiences. Explore Au Small Finance Bank careers for exciting opportunities to thrive and make a difference in the banking industry.

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Important dates & deadlines?

Application Deadline

09 Oct 25, 03:02 PM IST

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Senior Associate Operational Risk

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