Role & Responsibilities:
To adhere to the Global Operation Risk Management policies and guidelines, translate and apply to India Operations
To understand and implement the ORM approach as defined under Basel II and local regulatory requirements
To implement the operational loss capturing, analysis and reporting process
To devise and implement the key risk indicators capturing, analysis and reporting process
To devise and implement risk control self-assessment process
To conduct the operational risk assessment for new business initiatives and existing activities by drawing the risk map
To participate in ad hoc operational risk related projects (e.g. information security, deep dive etc.)
To provide operational risk related training and convey the risk lessons to increase the risk awareness and foster a strong risk culture
To engage business units and support function in operation risk related matters and maintain regular dialogue
To work very closely with other control functions to avoid duplication of effort
To develop and prepare the operational risk reports for Operations senior management and answer their queries
To act in proactive manner to assist the business unit and support functions to assess and manage their operational risk
To suggest practical recommendation to streamline and improve the internal control framework
To establish the best practice of operational risk management which is comparable to industry standards.
Shifts : EMEA
One of the position requires the incumbent to be certified 6 sigma professional and operational risk experience.
The other would require the incumbent to have a statistics or data analytics background along with operational risk experience.
Individual contributor role