Operational Risk Practitioner

8 months ago


Mumbai, India IDFC FIRST Bank Full time

**Job Title**: Operational Risk Practitioner

**Place of Work**: Mumbai

**Business Unit**: Enterprise Risk Department - Operational Risk Management

**Role**:
Support the risk and operations functions for the Retail Assets (including Digital & Fintech based Lending and related Operations) by assessing the quantum of operational risk, providing a view on the level of exposure relative to risk appetite and advising on risk mitigation.

Activities includes but not limited to

Defining of Standard Operating Procedures (SOPs), Risk Registers, KRIs and monitoring them.

Conducting the annual RCSA.

Analyzing of Incidents being reported and verifying the Corrective and Preventive actions.

Review and approve the Product Notes from the ORMD perspective.

Ensure that relevant dashboards are generated, disseminated and followed-up appropriately in adherence to defined procedures and quality standards.

Knowledge of Retail Advances is highly recommended.

List the deliverables other than primary, but essential for the role:
Working on various projects and actionable as and when advised by the senior management.

Working on various internal projects to enhance the productivity of the department.

Suggesting and implementing the best industry practices.

**Key Success Metrics**:
Adherenece to the bank defined framework of the Operational Risk Management.

As per the metric defined from time to time in the KRAs.

**Qualification**:
Graduate/Postgraduate/CA/MBA

**Functional Area**:
Retails Assets with expoure in Digital Banking. Preferably should have worked in Second line or third line of defense.

**Level / Capacity**:
Individual team contributor with good persuasive skills and able to interact & manage multiple stakeholders.



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