Enterprise Risk Professional

1 day ago


Shimoga, Karnataka, India beBeeRisk Full time ₹ 15,00,000 - ₹ 25,00,000

Job Title:

A Key Professional for Risk Oversight

The Enterprise Risk Manager plays a pivotal role in identifying, assessing, and mitigating operational risks across various departments. This critical function ensures the company's resilience and stability in an ever-changing environment.

  • Risk Identification and Assessment:
    • Identify and evaluate operational risks using frameworks and methodologies, such as the ERM framework.
    • Conduct regular risk assessments and reviews to identify potential operational risks, including those associated with third-party interactions.
  • Risk Mitigation:
    • Develop and implement effective risk mitigation strategies and action plans to address identified risks.
    • Ensure the implementation of risk controls and compliance with regulatory requirements, including local and international standards.
    • Coordinate with different teams to address risk issues and implement corrective measures, ensuring seamless business operations.
  • Monitoring and Reporting:
    • Monitor operational risk indicators and metrics to provide timely insights into risk trends and patterns.
    • Prepare and present risk reports to senior management, highlighting key findings and recommendations for improvement.
    • Manage regular risk meetings with senior stakeholders and review RCSAs (Risk Control Self-Assessment) and KRIs (Key Risk Indicators).
  • Third-Party Risk Management:
    • Effectively manage third-party contacts, external risk assessments, and issues to ensure minimal disruption to business operations.
    • Identify and assess potential risks associated with third-party interactions, including vendor risks and supplier continuity.
  • Policy Development:
    • Assist in the development and updating of operational risk policies and procedures to align with regulatory standards and industry best practices.
    • Ensure policies are aligned with regulatory requirements and communicate changes effectively to relevant stakeholders.
  • System Testing:
    • Conduct UAT (User Acceptance Testing) for ORM (Operational Risk Management) development and implementation, ensuring smooth system integration.
    • Maintain and oversee business continuity management programs, including testing and disaster recovery planning.
  • Regulatory Compliance:
    • Ensure compliance with local and international regulatory requirements, including timely submission of required reports and notifications.
    • Liaise with regulatory bodies to maintain awareness of emerging regulatory trends and updates.

Qualifications:

  • Bachelor's/master's degree in management, finance, accounting, or a related field, preferably with a focus on risk management or governance.
  • Minimum 7+ years of experience in a risk management role, preferably in an NBFC or financial services environment.
  • Experience in operational risk and knowledge of operational risk management frameworks, such as COSO or ISO 31000.
  • Strong analytical aptitude and logical reasoning ability, with excellent problem-solving skills.
  • Effective presentation and communication skills, with the ability to articulate complex risk concepts to both technical and non-technical audiences.


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