Operational Risk Management Professional

1 month ago


Gurgaon, Haryana, India EXL Full time

Company Overview

EXL is a leading operations management and analytics company that helps businesses enhance growth and profitability. Leveraging proprietary methodologies, advanced analytics, data management, digital, BPO, consulting, industry best practices, and technology platforms, EXL assists companies in improving global operations, enhancing data-driven insights, increasing customer satisfaction, and managing risk and compliance.

About Us

We serve the insurance, healthcare, banking and financial services, utilities, travel, transportation, and logistics industries, with a presence in over 48,000 professionals across the United States, Europe, Asia (primarily India and Philippines), Latin America, Australia, and South Africa.

Our Approach

At EXL Analytics, we provide data-driven, action-oriented solutions to business problems through statistical data mining, cutting-edge analytics techniques, and a consultative approach. Our global footprint of nearly 2,000 data scientists and analysts assist client organizations with complex risk minimization methods, advanced marketing, pricing, and CRM strategies, internal cost analysis, and cost and resource optimization within the organization.

Industry Expertise

We serve the insurance, healthcare, banking, capital markets, utilities, retail, and e-commerce, travel, transportation, and logistics industries.

Job Overview

The Model Governance and Operational Risk Subject Matter Expert (SME) will oversee governance, validation, and compliance of models and End-User-Computing (EUC) applications across the Credit and Bank Operations domains. This role ensures that both operational and model risks are managed in alignment with the organization's risk management strategy and regulatory requirements.

Responsibilities

  • Lead the governance process for operational risk models and EUCs, including model validation, documentation, and periodic reviews.
  • Ensure models and EUCs comply with internal governance policies and external regulatory standards (e.g., PRA, FCA, Basel III/IV).
  • Set governance standards and processes for EUCs and deterministic quantitative methods (DQMs) to mitigate risks related to these tools.

Requirements

The successful candidate will have a deep understanding of operational risk management principles and be able to apply them effectively in a fast-paced environment. Experience in risk management, governance, and compliance, particularly in the financial services sector, is essential. Strong analytical skills, attention to detail, and excellent communication skills are also required.



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