Analyst - Operational Risk & Internal Control

3 days ago

Mumbai Metropolitan Region, India Trafigura Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Main Purpose:

• Identifying process risks through continuous monitoring consisting of review of business processes and monitoring financial and operational environment and relevant mitigating controls necessary for effective and efficient operations


• Evaluate the adequacy and effectiveness of internal controls and risk management process and perform testing of controls to ensure compliance with policies, procedures and regulations


• Participate in the process of defining policies and procedures for the organisation in co-ordination with all the relevant business owners to ensure an adequate control framework is embedded across all processes.


• Oversee control changes, process redesigns and new procedures implementation


• Focused desk reviews as per the risk plan or per management request


• Support the business re-engineering and system development projects initiated by the management

Knowledge Skills and Abilities, Key Responsibilities:

Experience, Knowledge and Skills

  • CA (1st/ 2nd attempt)
  • 2-5 years in internal audit / external audit or in a controlling function in the Oil or Metals industry or a leading consultancy firm or in the Commodity Trading sector in a similar role
  • Excellent writing, verbal and presentation skills in English
  • Should have strong analytical and influencing skills and be a conceptual thinker and focus on developing a strong understanding of the industry, sector and business environment
  • Ability to act successfully in an international business and multicultural context
  • Results Oriented – Meet deadlines on assignments, juggle multiple demands and to work with varying levels in the organization.
  • Independent, flexible and proactive team player who can also take the lead in assignments
  • Taking ownership and accountability and comfortable to work in a pressured environment.
  • Committed to self-development
  • Excellent time management and organizational skills
  • Detail oriented but able to quickly grasp the big picture
    • Willingness to travel as per project's requirements.

Desirable

  • Oil/Metals/Commodity Trading/Financial Markets business experience
  • ACCA, CIA, or similar certifications would be considered as an asset.
  • Knowledge of accounting guidance (Dutch GAAP and IFRS), accounting processes, financial instruments and derivative

Key Responsibilities

  • Perform reviews in line with the risks associated with the processes or as mandated by the management
  • Continuously evaluate existing controls, policies and procedures and opportunities for improvement
  • Analyse and conclude on effectiveness and efficiency of overall control environment
  • Discuss findings with key stakeholders and report issues timely to the management
  • Ensure that the controls framework is up to date and periodically updated In line with developments in the business environment
  • Identify / assist / support management in implementing operational efficiency improvements as well as in system development initiatives.

Key Relationships and Department Overview:

Key Relationships

  • Deals Desk
  • Operations
  • Trade Finance
  • Treasury
  • Settlements
  • Commerical

  • Operational Risk Manager

    5 days ago

    Mumbai Metropolitan Region, India Motilal Oswal Financial Services Ltd Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Company DescriptionMotilal Oswal Financial Services Ltd. (MOFSL) was founded in 1987 and has grown into a well-diversified financial services firm with over 12,000 employees. Headquartered in Mumbai, MOFSL offers a range of financial products and services including Private Wealth, Wealth Management, Asset Management, and Investment Banking. With a presence...

  • Senior Analyst Internal Controls

    5 days ago

    Mumbai Metropolitan Region, India Mondelēz International Full time ₹ 1,20,000 - ₹ 5,44,000 per year

    Job DescriptionAre You Ready to Make It Happen at Mondelēz International?Join our Mission to Lead the Future of Snacking. Make It Uniquely Yours.Job Summary:In this role you will play a critical role in enhancing the internal control environment within the organization. Under the guidance of your manager, you will collaborate with local financial and...

  • IT Risk

    2 weeks ago

    Mumbai Metropolitan Region, India Smart IMS Inc. Full time

    We are hiring Technology Risk & Control Manager in Singapore to join our team, supporting a global investment bank.What you can expect:The role will sit within the APAC Risk & Controls function of the bank, which works with Application Managers, Enterprise Control functions and COOs across the line of businesses to ensure that control gaps are identified and...

  • IT Risk

    2 weeks ago

    Mumbai Metropolitan Region, India Smart IMS Inc. Full time

    We are hiring Technology Risk & Control Manager in Singapore to join our team, supporting a global investment bank. What you can expect: The role will sit within the APAC Risk & Controls function of the bank, which works with Application Managers, Enterprise Control functions and COOs across the line of businesses to ensure that control gaps are identified...

  • Risk & Modelling Analyst

    1 week ago

    Mumbai Metropolitan Region, India Time Hack Consulting Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Location:Mumbai, MaharashtraExperience Level:2–5 yearsRole SummaryWe are seeking aRisk and Modelling Analystfor a fast-growing fintech NBFC. This role is ideal for someone passionate about data-driven decision-making, risk analytics, and process optimization within the lending ecosystem. You'll work closely with cross-functional teams, contributing to...

  • Lead - Operational Risk Management

    2 weeks ago

    Mumbai Metropolitan Region, India Magma General Insurance Limited Full time

    Department: Risk Management Total Work Experience: 12 + years in General Insurance Industry Education: Chartered Accountant / MBA (Finance) – Preferred but not necessary Duties and responsibilities:- Lead and coach team members in risk identification, risk assessment/evaluation and risk treatment approaches Initiate and develop Operational Risk processes...

  • Lead - Operational Risk Management

    2 weeks ago

    Mumbai Metropolitan Region, India Magma General Insurance Limited Full time

    Department: Risk ManagementTotal Work Experience: 12 + years in General Insurance IndustryEducation: Chartered Accountant / MBA (Finance) – Preferred but not necessaryDuties and responsibilities:- Lead and coach team members in risk identification, risk assessment/evaluation and risk treatment approachesInitiate and develop Operational Risk processes...

  • Lead - Operational Risk Management

    1 week ago

    Mumbai Metropolitan Region, India Magma General Insurance Limited Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Department:Risk ManagementTotal Work Experience:12 + years in General Insurance IndustryEducation:Chartered Accountant / MBA (Finance) – Preferred but not necessaryDuties and responsibilities:-Lead and coach team members in risk identification, risk assessment/evaluation and risk treatment approachesInitiate and develop Operational Risk processes according...

  • Lead - Operational Risk Management

    6 days ago

    Mumbai Metropolitan Region, IN Magma General Insurance Limited Full time

    Department: Risk ManagementTotal Work Experience: 12 + years in General Insurance IndustryEducation: Chartered Accountant / MBA (Finance) – Preferred but not necessaryDuties and responsibilities:- Lead and coach team members in risk identification, risk assessment/evaluation and risk treatment approachesInitiate and develop Operational Risk processes...

  • Operational Risk Sr Analyst

    5 days ago

    Mumbai, Maharashtra, India Citi Full time ₹ 10,00,000 - ₹ 12,00,000 per year

    Job Profile: Operational Risk Sr Analyst – C12Third Party Risk Data / Reporting / Project AnalystJob Description:The Operational Risk Sr Analyst is a seasoned professional role, specifically within the Third-Party Risk Oversight team, focusing on data and reporting analysis, and project management related efforts. Good analytical skills are essential to...