Assistant Manager- Enterprise Risk Management

Avenues Consulting
  • Mumbai
  • Confidential
  • 2-8 years
  • Views
  • 07 Dec 2016

  • Risk Management

  • Financial Services/ Capital Markets, Insurance
Job Description

We are having opening for AM- ERM role for a MNC for Mumbai location.

Kindly find the Job Description below;

Provide support and guidance to the business, including its suppliers in assessing the
effectiveness of their internal controls against the requirements of the Group and Company UK policies
· Provide independent review and challenge of the self-assessments through continuous monitoring of
policy compliance and conduct reviews of key controls to mitigate the top risks, including identification
of control gaps and deficiencies and development of remediation plans
· Support the business areas in understanding the Group Governance Manual policies and the implications
on the Business Areas and their internal controls to support their attestation
· Communicate the requirements of the self-certification process and collaborate effectively with
stakeholders across the business and suppliers, providing guidance and resolving issues related to
assessing the effectiveness of their internal controls
· Regular review of the annual Group Governance Certification process, including soliciting feedback from
the Business Areas to recommend, prioritise and implement improvements to the process
· Review and analyse key trends from previous self-certification results, internal MI, operational risk
assessments to assess impact on the internal control environment
· Clearly and concisely communicate the results of the self-certification and monitoring to the Risk team,
other functions and senior management
· Keep abreast of industry trends, regulatory and business issues impacting self-certification.
· Use of regulatory knowledge, business understanding and expert judgement, to quickly identify
underlying issues and escalate issues, where appropriate
· Work with colleagues across locations within the Risk function and the wider Business to ensure that
Prudential UK and its subsidiaries operate within an effective risk management framework
· Develop good working relationships with Business stakeholders and Staff at functional levels (within
Company- UK ) to ensure efficient clearance of issues and timely completion of the
Turnbull exercise
· Contribute to the continuous improvement of methodology across Risk and work flexibly in support of
the wider Risk agenda
· Compliance – To understand and adhere to Prudential’s Code of Conduct and, where appropriate,

Minimum of 3 years’ experience in a Risk/Audit function within a financial institution with focus on
review of controls
· A good understanding of regulatory, compliance environments and regulated marketplace and position
of Prudential within that market
· Practical and theoretical knowledge of business risk and control frameworks and how these map to
evolving regulatory requirements
· Good knowledge of Insurance products, systems and distribution methods would be desirable
· Have a demonstrable track record of delivering process/control improvements within significant
programmes of work, with nominal supervision
· Strong analytical skills in order to identify key themes, suggest solutions and deliver on opportunities
· Excellent partnership and stakeholder management skills, with the ability to successfully navigate a
complex organisation as well as build strong relationships and work collaboratively with teams across the
· Ability to operate remotely, in a diverse and multi-cultural environment. International work or
consultancy exposure would be a definite plus
· Excellent Microsoft Office skills (Word, Excel and PowerPoint)

Competencies/Skill sets for this job

Risk Management Enterprise Risk Management Business Risk

Job Posted By

About Organisation

Avenues Consulting