Operational Risk Specialist

4 weeks ago

Pune Maharashtra India, Maharashtra Poonawalla Fincorp Full time

Responsibilities:Operational Risk Assessment: Identify and assess operational risks associated with the NBFC's activities, including processes, systems, and human factors.Risk Mitigation: Develop and implement strategies to mitigate operational risks, including the design and improvement of risk control measures and incident response plans.Regulatory Compliance: Stay up-to-date with operational risk regulations and ensure that the NBFC's practices comply with financial regulations.Risk Incident Management: Oversee the investigation and resolution of operational risk incidents and develop processes to prevent their recurrence.Policy Development: Contribute to the development and updates of operational risk management policies and procedures in line with industry best practices and regulatory guidelines.Monitoring and Reporting: Regularly monitor operational risk indicators and trends, and prepare reports for senior management and regulatory authorities.Training and Awareness: Conduct training sessions to educate employees on operational risk awareness and best practices.Stakeholder Communication: Effectively communicate operational risk-related information to relevant stakeholders and senior management.Continuous Improvement: Continuously assess and enhance operational risk management practices to adapt to changing market conditions and business strategies.

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