Senior Operational Risk Analyst
4 months ago
Role/Job Title: Senior Operational Risk Analyst
Function/ Department: Enterprise Risk Management
Roles & Responsibilities:
Develop, maintain, and continuously improve the operational risk management strategy and frameworks for IDFC First Bank. Support the risk and operations functions by assessing the quantum of operational risk, providing a view on the level of exposure relative to risk appetite and advising on risk mitigation. Collaborate with the other teams to oversee review of all processes followed by employees (on roll & off roll) to ensure effective Business Continuity Planning. Ensure documentation of key risk indicators and controls for any critical process or key product launch . Lead the review and assessment of the asset portfolio and early warning signal effectiveness to ensure that portfolio risk is minimized. Ensure that portfolio risk reports and dashboards are generated, disseminated and followed-up appropriately in adherence to defined procedures and quality standards. Drive adequate portfolio quality reporting to rating agencies and ensure bank credit ratings appropriately received. Oversee the implementation of enterprise risk management policies, procedures, controls and ensure that all relevant regulatory/ internal compliance requirements are fulfilled. Perform a periodical review of the bank’s products and processes and provide risk mitigation controls and training to business to facilitate optimum protection of IDFC's business interests. Facilitate the establishment of a risk management culture and harmonized enterprise risk management frameworks across the bank. Lead continuous improvement of enterprise risk systems, processes and practices taking into account international best practices, evolving regulatory/international standards and the business environment. Ensure that all operational and portfolio risk reports are prepared timely and accurately. Define an optimum organisation structure for the enterprise risk function so that resources are optimally utilised and communication can take place in an efficient mannerEducation Qualification:
Graduation: Any Graduate
Post-graduation: MBA
Experience: 0 - 2 Years of relevant experience retail risk.
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