ORRC GCO Role

1 week ago

Mumbai, Maharashtra, India RANGAM INFOTECH PVT. LTD. Full time ₹ 12,00,000 - ₹ 24,00,000 per year
Job Description

ORG Overview

Operations Risk Group (ORG) is a global risk function within Operations Risk and Regulatory Control (ORRC) to ensure risk governance and reporting, promote risk culture, maintain/ enhance operational risk and control framework.

Primary Duties and Responsibilities:

The ORG Temp will be reporting into the India ORG lead and will be responsible for the following:

  • Support operations by developing, collecting, publishing, and analyzing an integrated set of key risk and performance metrics in centralized RRCOE (Risk Reporting Center of Excellence) team for various stakeholders
  • Understand KRI/KPI and Depth Charts for all Silos across operations
  • Perform Volume and growth analysis
  • Review reports for regulatory reporting
  • Demonstrate a good understanding of risk issues and initiatives
  • Support Operational Risk Governance and Reporting including but not limited to internal incidents, audit/ inspection findings, issues & actions, depth chart reviews, etc.
  • Review internal risk incidents and liaise with various functional lines to ensure complete and accurate information is captured including themes, what went wrong, impact types, control failures and action plans
  • Identify control gaps and remediation; develop risk/ control framework and best practices.
  • Develop and coordinate Risk & Control self-assessments.
  • Escalate any identified/ perceived risk issues to senior management where appropriate
  • Help promote risk culture through regular communication and sharing, risk identification and assessment, training, metrics and reporting, audit/ inspection coordination, etc.
  • Manage and coordinate risk projects with the Operations risk community.
  • Provide management update to Operations Management on risk program initiatives.
  • Maintain stakeholder relationship with functional lines and other internal stakeholders
Requirements, Competencies & Attributes:
  • 1 to 2 years of working experience in Operational Risk Stream
  • Operations functional knowledge and experience
  • Strong Communication Skills. Effective interaction with others across departments and regions
  • Strong Execution skills. Partner with risk community or line managers to timely execute risk initiatives and be able to deliver satisfactory output.
  • Good writing skills with experience in writing management summary, audit summary or operating procedures
  • Good understanding of Banking and Financial rules & regulations
  • Strong mindset of risk and controls
  • Attention to detail.
  • Proactive and self-motivated
Additional Plus:
  • Good experience in audit, compliance or internal controls is a plus
  • Excellent MS Excel Skills is a plus
  • Knowledge on tools like IMRS, Tableau and PowerBI
  • Basic knowledge on SQL
Job Details:
  1. Years of Experience: 1 to 2 years
  2. Contract Duration: 1 year
  3. Location: Mumbai
  4. Shift Timing: 10:30 to 07:30 am IST
  5. Acceptable Notice Period: 30 days
  6. Hybrid/WFO: Hybrid
  7. Must Have Skillset: Operations Understanding
  8. Good to Have Skillset: Power BI

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