Operational Risk Management Specialist

6 days ago


Bengaluru, Karnataka, India beBeeRiskManagement Full time
Job Overview:

As a Risk Management professional, you will be responsible for overseeing the performance and ongoing testing of operational risk controls. This includes monitoring financial crime risks, data quality, outsourcing, and transactional monitoring. You will collaborate with the team to develop and implement a risk-based control oversight program that addresses evolving operational risks.

The ideal candidate will have strong analytical skills, with an eye for quality and continuous improvement. They will be able to work independently, managing complexity and quality while communicating complex issues using facts. A Bachelor's degree in Management, Risk Management, Finance, or Accounting is required, with prior experience in financial services and/or consulting highly valued.

Key Responsibilities:
  1. Risk Control Oversight: Develop and implement a risk-based control oversight program to address evolving operational risks, ensuring the program aligns with emerging data insights.
  2. Monitoring & Testing: Continuously monitor and test operational risk controls, focusing on financial crime risks, data quality, outsourcing, and transactional monitoring.
  3. Improvement Initiatives: Deliver ongoing programs that continuously improve operational risk controls based on new data and insights.
  4. Sampling Methodologies: Analyze and adjust sampling methodologies and monitoring frameworks to align with process requirements, balancing compliance with operational efficiency.
  5. Training & Awareness: Build risk awareness among staff by providing ongoing support and training within the organization.
  6. Collaboration: Work closely with Coordinated Assurance Framework (CAF) members and other relevant functional representatives to ensure effective risk management.
  7. Audit & Assurance: Steer and support assurance-related activities, including internal and external audits when necessary.


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