Manager-Operational Risk

3 weeks ago


Bengaluru, India Ujjivan Small Finance Bank Full time
ROLE PURPOSE & OBJECTIVE

The incumbent will report to the

Corporate Ops Risk Manager

and take directions for the development and deployment of risk related activities pertaining majorly to Business Continuity Management. This role will also monitor and gather inputs from key functions of the bank in relation to Business Impact Analysis (BIA).

SIZE OF THE ROLE

FINANCIAL SIZENON-FINANCIAL SIZENAInteract with vendors pertaining to their BCPs (approx. 50 material vendors)

KEY DUTIES & RESPONSIBILITIES OF THE ROLEBusiness/ Financialsbe a self-starter who can assume responsibility of the Business Continuity Management for a Bankbe conversant with drafting, updating, reviewing policies and procedureshave excellent stakeholder management skills to interact with and achieve preparation, update, review of BIAshave prior experience of development, implementation, maintenance of resilience planshave experience of identifying critical business processes and determining recovery scenariosbe conversant with providing trainings on the subject to create awareness and resolve queries from all stakeholdersbe able to identify gaps in resilience plans, create reports and present to the managementstay updated on regulations and guidelines from regulators and take proactive measures to improve upon the resilience programs as and when neededbe able to draft responses for regulatory exams/statutory audits, develop Board and Management level updatesto have prior exposure of handling Branch and Regional level resilience programs

Customerincumbent will have to interact majorly with internal customers (from various other departments within the organization)would have to create understanding of the concept of Business Continuity amongst the employeeswould need to explain the plan for resilience building, get theirapproval upon the same and support the team to conduct the exercises as per the plan

Internal Processincumbent would be responsible to carry out BCP simulations across branches, regions and corporate functions to evaluate preparedness of the Bank to carry out business as usual in the event of disruptionincumbent would be responsible for the implementation of Internal Audit and RBI recommendations specific to Business Continuitywould be responsible to respond to queries from the audit teams (both internal and external)would be accountable to ensure the policies and procedures are updated with the relevant guidelines/observations and getting them approved by the requisite authorities

Learning & Innovationincumbent should keep themselves updated with prevailing regulations, notification, circulars and guidelines of the regulators and statutory bodies and disseminate the information regarding new regulatory developmentsshould be able to develop training modules, including online modules, for development and maintaining of risk cultureshould attend external training programs and workshops to enhance operational risk skill setsshould enhance knowledge through successful certification on various courses related to risk managements and latest technological developments

REQUIREMENTS OF KNOWLEDGE & SKILLS

EducationalQualificationsMBA or Graduate. Applicants with relevant certifications will be preferred.

Experienceleast 6-8 years of experience in the field of Risk Managementleast 3+ years of hands-on experience in handling Business Resiliencebe currently in a role of managing Operational Risk

Certifications(Not mandatory) Certifications like CBCP, MBCP, CBCI, BCCE will be add-ons

Functional SkillsSound knowledge of Risk Management principles & the evolving practices for the management of Operational RiskKnowledge of micro finance and functioning of Retail Bank branches; cash management, branch operations, retail Forex, payments and clearing, businesses like deposits, term deposits, credit cards, lockers, overdrafts, etc. will be helpfulof RBI polices and guidelines relevant to SFB

Behavioral SkillsShould be a great team playerShould have the ability to work with cross-functional teamsShould have an eye for detailShould have excellent communication and presentation skillsbe able to maintain high standards of integrity and ethics

Competencies RequiredThis will be an Individual Contributor role where the incumbent is expected to take the lead on activities described and see them through to completion. It will require for the applicant to possess exceptional interpersonal skills.be collaborativebe able to maintain and manage relationshipsbe very good in planning, organizing and executing

KEY INTERACTIONS

INTERNALEXTERNALHeadsSolution delivery heads,service management headsheadsAlliance and Electronic bankingManager Phone BankingManager Payments and Settlement OperationsManager Treasury OperationsVendorsVendorsVendorsservice providersservice providersin other Banks



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