Operational Risk Specialist

3 hours ago

Bengaluru, Karnataka, India beBeeRiskManager Full time ₹ 1,80,00,000 - ₹ 2,50,00,000
Key Risk Management Position

The purpose of this role is to identify, assess, and mitigate operational risks across various departments. This involves developing risk assessment frameworks and methodologies, conducting regular risk assessments and reviews, and implementing risk mitigation strategies.

The successful candidate will have a strong understanding of operational risk management frameworks, as well as experience in risk identification, monitoring, mitigation, and reporting techniques. They will also possess strong analytical and logical reasoning abilities, with the ability to manage multiple tasks and prioritize effectively.

The ideal candidate will be proficient in Microsoft Office, particularly Excel and PowerPoint, and have experience working with data visualization tools such as PowerBI. A strong knowledge of Operational Risk in Lending domain and experience in a risk management role, preferably in an NBFC or financial services environment, is also required.

  • Risk Identification and Assessment: Identify and evaluate operational risks across various departments, develop risk assessment frameworks and methodologies, conduct regular risk assessments and reviews.
  • Risk Mitigation: Develop and implement risk mitigation strategies and action plans, ensure the implementation of risk controls and compliance with regulatory requirements.
  • Monitoring and Reporting: Monitor operational risk indicators and metrics, prepare and present risk reports to senior management.
  • Third Party Risk Management: Manage third parties, third-party contacts, external risk assessments and issues, gather information security controls evidence from third parties.
  • Policy Development: Assist in the development and updating of operational risk policies and procedures, ensure policies are aligned with regulatory standards and industry best practices.
  • System Testing: Conduct UAT for ORM development and implementation, maintain and oversee business continuity management program including appropriate testing.
  • Regulatory Compliance: Ensure compliance with local and international regulatory requirements, liaise with regulatory bodies and ensure timely submission of required reports.

Required Qualifications:

  • Bachelor's/ Master's degree in management, finance, accounting, or a related field.
  • Minimum 2-3 years of experience in a risk management role, preferably in an NBFC or financial services environment.

Preferred Qualifications:

  • Strong knowledge of risk management frameworks and methodologies.
  • Experience working with data visualization tools such as PowerBI.
  • Proficient in Microsoft Office, particularly Excel and PowerPoint.

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