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Field Risk Officer

SNO.OBJECTIVEWEIGHTAGEKEY PERFORMANCE INDICATORAnnexure

1Adhere to Operational risk process as per the FRO activities check list50%% of Incident closedAs per Annexure 1

2Identification of Spot & Incident reports20%% of Gap IdentifiedAs per Annexure 2

3Quality and Effectiveness of assigned task20%% of EffectivenessAs per Annexure 3

4Self Development5%Average Training MandaysAs per annexure 4

5Process Orientation5%Audit ScoreAs per annexure 5

Annexure - 1

Scoring method5
(Outstanding)4
(Excellent)3
(Very Good)2
(Valuable)1
(Adequate)

% of AchievementIf actual achieved is 120% or above of targetIf actual achieved is between 111-120% of targetIf actual achieved is between 101-110% of targetIf actual achieved is 100% of targetIf actual achieved is below 100% of the target

Annexure - 2

Scoring method5
(Outstanding)4
(Excellent)3
(Very Good)2
(Good)1
(Adequate)

% of AchievementNo critical audit observations raised by Internal auditors/other audits (ARM/TRM) during FY, which is not reported by FRO/RFRO.One critical audit observations raised by internal auditors/other audits (ARM/TRM) during FY which is not reported by FRO/RFRO.2 critical audit observations raised by Internal auditors/other audits (ARM/TRM)



during FY which is not reported by FRO/RFRO.3 critical audit observations raised by Internal auditors/other audits (ARM/TRM) during FY which is not reported by FRO/RFRO.More than 3 critical audit observations raised by Internal auditors/other audits (TRM/ARM) during FY which is not reported by FRO/RFRO.

Annexure - 3

Scoring method5
(Outstanding)4
(Excellent)3
(Very Good)2
(Good)1
(Adequate)

% of AchievementNo compliance related/process gap/ audit queries, raised by Internal auditors/other audits / ARM /TRM during FY.Not more than 2 compliance related/process gap audit queries raised by Internal auditors/other audits / ARM /TRM during FY.3 to 4 compliance related/process gap audit queries raised by Internal auditors/other audits / ARM / TRM during FY.5 to 6 compliance related/process gap audit queries raised by Internal auditors/other audits / ARM /TRM during FY.More than 6 compliance related/process gap audit queries raised by Internal auditors/other audits / ARM/TRM during FY.

Annexure 4 - Self Development

Scoring method5
(Outstanding)4
(Excellent)3
(Very Good)2
(Good)1
(Adequate)

Average Mandays of Training per Team Member>=32.5-2.992-2.491-1.99<1

Annexure 5 - Process Orientation

Scoring method5
(Outstanding)4
(Excellent)3
(Very Good)2
(Good)1
(Adequate)

Audit Score>95%91 - 95%81-90%71-80%<71

📌 Field Risk Officer (India)
🏢 equitas small finance bank
📍 India