Senior Manager - Operational Risk

Department Icon Risk Management & Compliance
93+ Applicants
Posted: 3 months ago
6-8 years
Mumbai
work from office

Posted: 3 months ago
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Applicants: 94+
Job Description
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Job Description

Key Result Areas:
  • Member of the Group Operational Risk Global Support Unit and Centre of Excellence;
  • Perform all back-office and middle-office activities related to the Group Operational Risk Management framework in line with approved operating procedures;
  • Ensure ongoing operational risk data governance for the Group operational risk management program;
  • Monitor the first line Business Units status of the RCSA, ORE, KRI, Issues & Actions and NPPA programs;
  • Perform detailed analysis on the outputs of the Group operational risk management programs;
  • Maintain ongoing monitoring of the Bank s Operational Risk profile at a Business Unit level;
  • Maintain compliance to regulatory requirements and create environment for continuous improvements.
  • Have strong understanding on operational loss management, provisions, write offs, recoveries, and reconciliation requirements.
  • Monitor Business Unit adherence to the Board approved Operational Risk appetite and escalate breaches as per escalation protocol; and
  • Provide user support and ensure ongoing management of the Group operational risk program design on prism, the Bank s Operational Risk Management Information System.
  • Regular interaction and working relationship with:
  • Group operational risk management team in Head office, UAE;
  • Unit Heads, BURM, BURAs and members of staff in Segments, Divisions, Countries, Subsidiaries and Business Units; and
  • Members of staff in second line functions including compliance, fraud prevention & intelligence and Information security.
Operating Environment, Framework & Boundaries and Working Relationship:
  • Regular interaction and working relationship with:
  • Group operational risk management team in Head office, UAE;
  • Unit Heads, BURM, BURAs and members of staff in Segments, Divisions, Countries, Subsidiaries and Business Units; and
  • Members of staff in second line functions including compliance, fraud prevention & intelligence and Information security.
Problem Solving:
  • Ability to analyze operational risk program output and challenge Business Units for effective Operational Risk management;

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  • Undertake multi-dimensional assessments of operational risk data, derive risk-based analysis & conclusions; and
  • Provide measurable and timely solution to Business Units support requests related to their operational risk management roles and responsibilities.
Decision Making Authority & Responsibility:
Responsible to provide second line advisory and challenge decisions to the first line in support of their operational risk management responsibilities.
Knowledge, Skills and Experience:
  • Minimum of 10 years experience in the financial industry with at least 6 years in Operational Risk Management / Internal Control / Internal Audit in a Managerial role;
  • Ability to execute centralized processes for Operational Risk programs;
  • Experience & ability to maintain and monitor Operational Risk Frameworks;
  • CCSA/CRMA/CIA/CISM certifications preferred as an advantage to the role;
  • Strong interpersonal, communication and presentation skills; and
  • Ability to work independently.

Skills

CismCcsaHead Business DevelopmentManager Internal AuditOperational RiskInformation SecurityReconciliationBack OfficeComplianceRegulatoryRegulatory RequirementsRisk ManagementOperational Risk ManagementOperational Risk

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Important dates & deadlines?

Application Deadline

27 Apr 26, 03:52 PM IST

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Senior Manager - Operational Risk

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