We are Hiring for a Leading NBFC in their Risk Department
To develop methodology and mechanisms to monitor and control Operational risk within the organization and develop early warning signals for monitoring the risk profile to ensure that proactive measures can be taken on timely "Lead - Operational Risk" management for the organization, including developing and implementing the Operational Risk Framework, RCSA plans, KRIs, and continuous monitoring mechanisms.
- Further to develop methodology and mechanisms to monitor and control Operational risk within the organization and develop early warning signals for monitoring the risk profile to ensure that proactive measures can be taken on timely risk policies and processes (including BCP, IT risk, outsourcing), process automation / improvement, early warning signals, and mitigation planning in coordination with business teams.
Job Description :
Managing Operational Risk team including developing strategy for monitoring and controlling operational risk within the organizationReview of risk management policies and processes covering Operational, BCP, IT and outsourcing risksDevising & implementing Operational risk frameworkDeveloping & monitoring organization wide Risk and Control Self-Assessment (RCSA) framework including development & implementation of annual assessment planIdentification of critical risk factors within the organization and implementation of mitigation plans in consultation with respective business teamDevelopment & monitoring of Key Risk Indicators (KRI) across the organizationCreating analytical framework for continuous monitoring of the operational health of the organization with timely interventionA good understanding of IT security framework to ensure mitigation of emerging IT RisksApproval of product and process changesContinuous review of the existing process with emphasis on automation and process improvementDevelopment of MIS for critical risk parameters and continuous monitoringCA / MBA (Finance) is preferableMust Have :
Good understanding of financial sector with in-depth understanding of risk in the various processesAnalytical mindset with understanding of entire operational risk frameworkUnderstanding of industry best practicesInterpersonal and organizational skillsCritical Thinking / Problem SolvingTeamwork / Collaboration. Adaptability / Decisivenessref : iimjobs.com)