Operational Risk Manager
2 weeks ago
Locations: Hyderabad
Department: Operational Risk Management
Total Work Experience: 5+ years
Education: Graduation (III certification added advantage)
- Initiate and develop Operational Risk processes according to defined operational risk framework, policies and standards for risk management
- Perform regular PAN INDIA defined Branch visits for process audit and report process inefficiencies
- Implement plan to prevent, eliminate/minimize and mitigate operational risks.
- Drive continuous improvement in the business control environment
- Re-design processes including opportunities for automation
- Review existing SOPs and help in building effective design of controls for all processes
- Performing theme based reviews, in order to identify process lapses and build strong control
- Responsible for monitoring adherence to end processes currently at Magma HDI
- Identify process gaps and modify the existing SOPs and also highlight fraud triggers
- Tracking the ongoing process weaknesses and plug the gap
- Regular defined Branch visits for process audit and report process inefficiencies
- Prepare scorecard for assessing the efficacy of various processes across departments
- Design and document standard practices for Branch Process Audit
- Process and design level issues to discuss with UW and process team for closure
- Highlight track and get the system issues fixed
- Finding to be shared with Stakeholder for feedback, post the report to be shared.
Specialized skills & competencies,
- Need candidate with experience in handling Operations / Operational Risk Management of a General Insurance Company
- This role involves extensive traveling
- Ability to engage with senior leadership in all aspects of Operational Risk management
- Strong communication, interpersonal & networking skills
- Excellent Problem solving and decision-making skills, take responsibility & establish success criteria
- Good Technical Knowledge on General Insurance
- Excellent working on Excel & Power Point
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Operational Risk Manager
2 weeks ago
Hyderabad, India Magma HDI General Insurance Company Limited Full timeLocations: HyderabadDepartment: Operational Risk ManagementTotal Work Experience: 5+ yearsEducation: Graduation (III certification added advantage)Initiate and develop Operational Risk processes according to defined operational risk framework, policies and standards for risk managementPerform regular PAN INDIA defined Branch visits for process audit and...
-
Operational Risk Manager
2 weeks ago
Hyderabad, India Magma HDI General Insurance Company Limited Full timeLocations: HyderabadDepartment: Operational Risk ManagementTotal Work Experience: 5+ yearsEducation: Graduation (III certification added advantage)Initiate and develop Operational Risk processes according to defined operational risk framework, policies and standards for risk managementPerform regular PAN INDIA defined Branch visits for process audit and...
-
Operational Risk Manager
2 weeks ago
Hyderabad, India Magma HDI General Insurance Company Limited Full timeLocations: HyderabadDepartment: Operational Risk ManagementTotal Work Experience: 5+ yearsEducation: Graduation (III certification added advantage)Initiate and develop Operational Risk processes according to defined operational risk framework, policies and standards for risk managementPerform regular PAN INDIA defined Branch visits for process audit and...
-
▷ [23/05/2024] Operational Risk Manager
1 week ago
Hyderabad, India Magma HDI General Insurance Company Limited Full timeLocations: HyderabadDepartment: Operational Risk ManagementTotal Work Experience: 5+ yearsEducation: Graduation (III certification added advantage)- Initiate and develop Operational Risk processes according to defined operational risk framework, policies and standards for risk management- Perform regular PAN INDIA defined Branch visits for process audit and...
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