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Deputy Manager - Risk (Finance & Accounts)/ 826 days ago

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Location : Mumbai

Qualification:

Job Description:

Job description

Hiring for Operational Risk role with our Risk team

Risk Identification and Assessment:
• Identify and evaluate operational risks across various departments.
• Develop risk assessment frameworks and methodologies.
• Conduct regular risk assessments and reviews to identify potential operational risks.

Risk Mitigation:
• Develop and implement risk mitigation strategies and action plans.
• Ensure the implementation of risk controls and compliance with regulatory requirements.
• Coordinate with different teams to address risk issues and implement corrective measures.

Monitoring and Reporting:
• Monitor operational risk indicators and metrics.
• Prepare and present risk reports to senior management.
• Manage regular Risk meetings with senior Stakeholders and review RCSAs and KRIs
Third Party Risk Management:
• To Manage third parties, third-party contacts, external risk assessments and issues.
• To identify potential risks associated with third-party interactions, such as cybersecurity vulnerabilities, non-compliance with regulations, operational inefficiencies, or financial instability
• To gather information security controls evidence from third-parties

Policy Development:
• Assist in the development and Updation of operational risk policies and procedures.
• Ensure policies are aligned with regulatory standards and industry best practices.

System Testing:
• To conduct UAT for ORM development and implementation
• Maintain and oversee business continuity management program including appropriate testing

Regulatory Compliance:
• Ensure compliance with local and international regulatory requirements.
• Liaise with regulatory bodies and ensure timely submission of required reports

Skills:

Qualification

Bachelor's/ Master’s degree in management, finance, accounting, or a related field.

Minimum of 3-5 years of experience in a risk management role, preferably in an NBFC or financial services environment.

Skills

· Experience in operational risk and knowledge of operational risk management framework

· Risk Identification, Risk Monitoring, Risk Mitigation, Risk Reporting Techniques and systems

· Detail-oriented, with the ability to manage multiple tasks and prioritize effectively.

· Proficient in Microsoft Office, particularly Excel and PowerPoint., PowerBI or other data visualisation tools

· Check and challenge the Risk and Controls Self-Assessment (RCSA) produced by 1st line of defence before validation by the management

· Strong knowledge of Operational Risk in Lending domain

· Strong Analytical aptitude and logical reasoning ability

· Strong presentation and communication skills