Operational Risk Analyst

6 days ago


Mumbai, Maharashtra, India Indusind Bank Full time ₹ 6,00,000 - ₹ 18,00,000 per year

Overall Job Description

  • Thorough understanding of Treasury, Trade, Other Transaction Banking Products
  • Thorough understanding of Retail Banking, Digital Banking Products/Platforms and the associated regulations
  • Conduct Risk & Control Self-Assessment workshops, identify Key Risk Indicators (KRIs), monitor and report Issues and Actions
  • Carry out root cause analysis of Operational Risk Events/Loss Events and development of mitigation plans
  • Design plausible scenarios for Stress Testing and conduct scenario analysis workshops
  • Oversee development of dashboards/reports for the associated areas and dissemination to senior management
  • Assist in conducting Operational Risk Management Committee (ORMC) meetings
  • Develop effective relationships with other 1st line of defence (Businesses/Operations) other 2nd Line Functions e.g. Compliance and 3rd Line i.e. Internal Audit for risk identification, assessment and their effective mitigation
  • Lead a team of risk professionals, fostering a culture of risk awareness and accountability within the organization, and oversee team management activities.

EDUCATION

CA, MBA (from good B school) / Qualification in Finance


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