VP- Operational Risk Management

1 week ago

Mumbai, Maharashtra, India Michael Page Full time
Opportunity to work with a leading financial services organizationOpportunity to work directly with the senior management

About Our Client

Prominent financial services player

Job Description

* Lead, conduct and assist the identification, assessment, monitoring and mitigation of risks throughout the group.

* Analyze and report risk profile and control performance, and benchmark processes against regulatory requirements, Company standards and industry best practices to develop and improve the Company risk management framework.

* Liaise with directors and senior managers to identify risks in their business areas, and agree the controls required to mitigate each risk. Enter those risks and controls on the risk register and ensure that the entries are consistent.

* Provide monthly updates to the Executive on current business risks and progress with action points and prepare quarterly reports for the Audit and Risk Committee. Support the Board in its ownership and management of regulatory risk (including without limitation RBI regulatory risk).

* Provide support and leadership where appropriate on specific risk projects, method changes or risk systems developments.

* Develop a continuous improvement culture where lessons learned are shared.

* Act as an exemplar of leadership values and behaviors through effective role modelling and actions.

* Ensure the Risk Function is a strong 2nd line of defense that is supportive, enabling and independently challenging to the business.

* Ensure the business manages all types of risk within agreed statements of risk appetite.

* Represent and promote the importance of robust and appropriate internal controls to senior management, advising on the response business should take to key risk and regulatory issues

The Successful Applicant

CA - with experience in a regulated entity / Big 4 with risk audit experience.

➢ Excellent leadership skills - demonstrates gravitas, personal credibility and ability to influence.

➢ Excellent communication and stakeholder management skills - able to communicate complex ideas in an understandable way and get people behind ideas. ➢ Able to operate independently and objectively - empowering others, building trust with peers and direct reports

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