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Job Description
What role you will play in team: You'll be a key member of the Operational Risk Management team, responsible for identifying, assessing, and mitigating operational risks across the bank.
What you will do: You will work collaboratively with various business units to understand their operational processes, identify potential risks, and implement control measures to reduce the likelihood and impact of operational losses.
Key responsibility:
- Identify, assess, and monitor operational risks across various business units.
- Develop and implement risk mitigation strategies and control measures.
- Conduct regular risk assessments and prepare reports for senior management.
- Maintain an up-to-date understanding of operational risk regulations and best practices.
- Collaborate with business units to embed risk awareness and improve operational resilience.
- Participate in internal and external audits and regulatory reviews.
Required Qualification and Skills:
- Bachelor's degree in finance, accounting, or a related field.
- 3-5 years of experience in operational risk management or a related field.
- Strong risk assessment and mitigation skills.
- Excellent communication, interpersonal, and presentation skills.
- Knowledge of operational risk frameworks and methodologies (e.g., COSO).
Benefits Included:
- Competitive salary and benefits package.
- Professional development and training opportunities.
- A challenging and dynamic work environment.
A Day in the Life: A day includes reviewing risk assessments, collaborating with business units, developing risk mitigation plans, preparing reports, and participating in regulatory compliance initiatives.
Skills
Operational Risk ManagementRisk AssessmentRisk MitigationRegulatory ComplianceCOSOInternal AuditIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
Kotak Mahindra Bank is a leading Indian private sector bank known for its innovative banking solutions and customer-centric approach. With a comprehensive suite of financial products and services, including retail banking, investment banking, and wealth management, the bank caters to the diverse needs of individuals, businesses, and corporations across the country. Kotak Mahindra Bank careers offer a dynamic and engaging work environment where professionals can thrive, innovate, and contribute to the bank's mission of delivering exceptional value. Employees are encouraged to pursue excellence, with ample opportunities for professional growth and development. For those looking to forge a successful career in banking, Kotak Mahindra Bank careers present a platform to be part of a progressive, growth-oriented organization.
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