Team Member - Integrated Risk Management (IRM)

Department Icon BFSI (Credit & Risk)
Posted: 1 year ago
3-7 years
Maharashtra
BFSI (Credit & Risk)
Work from Office
Full Time

Posted: 1 year ago
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Job Description

    As a Team Member in Integrated Risk Management, you will play a crucial role in supporting the identification, assessment, monitoring, and reporting of various risks across the bank. Your efforts will contribute to establishing a comprehensive view of the organization's risk profile and promoting a strong risk culture within the bank. Collaboration with different risk functions such as credit, market, operational, compliance, and information security will be key to integrating risk management activities effectively.

    Your role as a Manager/Senior Manager requires a minimum of 3-5 years of experience in a relevant field. A Bachelor's degree in Finance, Business Administration, Economics, or a related field is essential. You should possess a basic understanding of risk management concepts, regulatory requirements for banks in India, strong analytical skills, proficiency in Microsoft Office Suite, and excellent communication and interpersonal skills. An organized and detail-oriented approach to work, coupled with a willingness to learn and grow in the field of risk management, are also expected.

    Your key responsibilities will include supporting risk identification and assessment by collecting and documenting risk information, executing risk assessments, and maintaining risk registers and taxonomies. You will be responsible for gathering and analyzing data related to risk events, key risk indicators, and control effectiveness, as well as preparing reports and presentations summarizing risk-related information. Additionally, you will assist in monitoring key risk indicators, preparing risk reports, ensuring compliance with risk management policies and procedures, collaborating with cross-functional teams, supporting risk-related projects, staying updated on regulatory requirements, and actively engaging in continuous learning and development programs.

    In this role, your contribution towards promoting a holistic view of risks within the bank and fostering a strong risk culture will be instrumental in shaping the organization's risk management practices and ensuring regulatory compliance. Your dedication to continuous learning and collaboration with diverse teams will play a vital role in achieving integrated risk management objectives and enhancing the overall risk management framework within the bank.,

Skills

Organizational SkillsData HandlingData AnalysisContinuous LearningCommunication SkillsRisk Management ToolsRisk ManagementReport PreparationMicrosoft Office SuiteRegulatory AwarenessInterpersonal SkillsAnalytical SkillsPolicy DisseminationDetailoriented

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