Operational Risk Officer International FinancialInstitution

4 days ago


Chennai, India Riverforest Connections Private Limited Full time

Department : Operational RiskDepartment

Roles& Responsibility:

The RiskOfficer will support the Operational Risk Department in thefollowing activities.

Design and lead riskmanagement initiatives that include assessing the risk anddeveloping appropriate risk management strategies that are in linewith the Banks risk appetite.

Develop andimplement business unit strategy to further enhance ORMcapabilities of the business units.

Guidebusiness units to identify assess prioritize monitor and reportoperational risks in their functional areas.

Review adequacy of the risk mitigation measures taken by the unitsand play the challenge role leveraging industry good practice.Analyze internal and external operational risk data and preparesummary for discussing with the units and various stakeholders.Contribute to the preparation of quarterly risk reports preparedfor various stakeholders.

Coordinate IntegrityDue Diligence (IDD) related activities that include secretariat tothe IDD Steering Committee guiding business units on IDD mattersand performing independent testing of IDD processes handled by theunits.

Perform research on various thematicareas to understand operational risk landscape that includes trendsemerging risks good practices regulatory changes etc.

Provide support to programs designed to create riskculture across the Chennai office.

Participatein designing testing and implementing new and current technologysolutions.

Perform any other duties orresponsibilities consistent with the employee role and assigned bythe management

CandidateProfile:

Masters degree or equivalent in abusiness or finance related discipline.

Minimumof 7 years practical experience in ORM ideally in a second linefunction.

Expert knowledge on ORM frameworksand processes.

Experience in guiding businessunits and/or clients in the implementation of risk managementframeworks and initiatives.

Experience inmanagement and strategic consulting is highly desirable.

Exposure to preparing risk reports for variousstakeholders.

Demonstrated experience inanalyzing and interpreting data and presenting in a concisemanner.

Knowledge on AML/CFT and Integrity DueDiligence is highly desirable.

Workingknowledge of Governance Risk and Compliance systems.

Working knowledge of various reporting tools such asBusiness Objects and Tableau.

Exposure to usingArtificial Intelligence and Machine Learning based solutions ishighly desirable.

Proven ability to lead teamsand projects.

Proven ability to learn andcontribute in new areas such as climate risk ArtificialIntelligence etc.

Proven ability to deal withconfidential matters and with discretion.

Exceptional communication skills written and oral including theability to explain and express views/opinions articulately andconfidently.

Willingness to travel on shorttermassignments.

The flexibility to work outsidenormal office hours as may be required from timetotime.

OperationalRisk,Climate change,AI,Machine learning



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