Operational Risk Specialist
6 days ago
About CA Monk:
We are a leading hotel chain in India, committed to delivering exceptional service and quality experiences to our guests.
Job Title: Operational Risk Specialist
Salary: ₹ 12,00,000 - ₹ 18,00,000 per annum
Location: PAN India (Preferably Gurgaon)
About the Role:
The Operational Risk Specialist will play a crucial role in identifying, assessing, and mitigating risks that could impact our business operations. This involves developing risk management strategies, implementing risk mitigation plans, and ensuring compliance with regulatory requirements.
Main Responsibilities:
- Risk Identification and Assessment: Conduct risk assessments to identify potential risks across various operations, analyze and evaluate risks in terms of impact and likelihood, and develop and maintain a risk register to document identified risks.
- Risk Mitigation: Design and implement risk management strategies and action plans, monitor the effectiveness of risk mitigation measures and make necessary adjustments, and collaborate with departmental heads to ensure risk mitigation plans are integrated into business operations.
- Compliance and Regulatory Affairs: Ensure compliance with relevant laws, regulations, and industry standards, keep abreast of regulatory changes and assess their impact on the organisation, and prepare and submit compliance reports to regulatory bodies as required.
- Risk Reporting: Prepare risk reports for senior management and the board of directors, communicate risk management policies and strategies to stakeholders, and provide regular updates on the status of risk management initiatives.
- Crisis Management: Develop and maintain crisis management and business continuity plans, lead the response to crises and emergencies, ensuring swift and effective action, conduct regular drills and simulations to test and improve crisis management plans.
- Training and Awareness: Conduct risk management training programs for employees at all levels, promote a risk-aware culture within the organization, and provide guidance and support to departments on risk-related issues.
- Continuous Improvement: Review and improve risk management policies and procedures regularly, stay updated on best practices in risk management and implement them as appropriate, and use data analytics and other tools to enhance risk management processes.
Requirements:
- MBA Finance/CMA/Semi-qualified CA.
- Professional certification such as Certified Risk Manager (CRM), Certified Risk Management Professional (CRMP), or similar is preferred.
- Minimum of 4 years of experience in risk management, preferably within the hospitality industry/Big4 and Big6 consulting firms.
- Strong knowledge of risk management principles, methodologies, and tools.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to work collaboratively with cross-functional teams.
- Proficiency in risk management software and Microsoft Office Suite.
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