Manager-Business Operational Risk

4 days ago


Delhi, India IDFC FIRST Bank Full time
Role/ Job Title

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Manager – Business Operational RiskFunction/ Department

:

Business Operational RiskJob Purpose:The role entails managing operational risk and compliance for retail assets. The role will closely collaborate with the product, business, Credit, Collections, Policy and operations teams to drive effective implementation of Operational risk framework and adherence to regulatory requirements. It includes building up of processes and framing of SOPs.Roles & Responsibilities:Assist all stakeholders in understanding RBI indents/ requirements.Assist all stakeholders in quarterly performance of Risk control self-assessment, data submission for KRI (Key Risk indicators).Enhance understanding of operational risk and compliance.Manage operational risk events, ensuring timely completion of preventive and corrective action.Review of SOPs/ Policies from Operational risk and compliance perspective.Preparation of Business Operational risk decks.Tracking and closure of operational risk issues and events.Liaison/ Collaborate with stakeholders for closure of RBI requirements and regulatory compliances.Recommend process changes in order to mitigate operational risk.Education Qualification

:Graduation: Bachelor’s in Engineering / Technology / Management/ Computers/Science.Post-graduation: MBA.Experience

:

5 years of relevant experience.
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