Candidates must have experience in Risk Identification, measurement and Assessment :

- Assist Risk and Control Self-Assessment (RCSA) workshops for allocated business groups, to identify residual operational risks and arrive at Key risks in the Companys processes
- Mapping of any internal loss data as reported by all business/Functional groups, into relevant business line and loss event categories as per the Operational Risk Management policy
- Monitoring of Incident Reporting system (IRS) and follow up for resolving operational risk events
- Assisting in review all new products and processes with a view to ascertain that operational risk issues are identified fully captured, mitigated / controlled
- Understanding of the Business Continuity Plan (BCP) and provides support in testing
- Help in creating, maintaining and update Operational Key Risk Indicators (KRI) for all key risks in the business and creation and reporting of KRI dashboards including escalation triggers, to relevant Committees.
- Contribute to creation of new SOPs within the Operations Risk area and Defining Operations Risk Monitoring methodologies.
- Assist in review of the Operational Resilience for allocated businesses and functions
- Perform OR testing/ risk assessments on a regular basis.
- Assist in review of all OR related policies and procedures suggest improvements and any additions including maintenance of the Risk, Process and Control Register
- Undertake specific operational risk related projects and assignments from time to time as directed by the Supervisor.
- Appropriate timely escalation, follow-up and learning from Operational Risk Events / Incidents.




- Work in coordination with business officers from various business lines to ensure implementation of the ORM tools and techniques and review their work to ascertain compliance to the policies as issued by organisation.

- Policy Implementation
- Help implement operational risk management policies and procedures in line with regulatory requirements and industry best practices.

- Regulatory Compliance
- Stay abreast of industry regulations and best practices, ensuring the organizations operational risk management activities are compliant.

- Risk Reporting and reviews
- Collate and prepare Management reporting for ORM assessments/ad-hoc projects that are executed. Take out meaningful inferences from the data and make recommendations.
- Ensure that monthly dashboards are published of assessments that have happened for every business. Review the reports created by team, finalize and publish.
- Preparation of presentations and reports for review by Risk heads / SMT / Committees.
- Preparation of presentation for Annual Operating Plan of the department.

- Training and culture building
- Contribute to development of the necessary planning, training and communication materials for executing RCSAs and other risk assessments, as well as enhancing awareness of ORM.
- Assist in awareness programs and conduct training.
- Support organizing training programs for key stakeholders. Where required, engage with external agencies to conduct specialized trainings and to run certification programs for employees.
- Work with L&D; team to plan ORM training. Track and drive the e-module on Op Risk for current joiners through HR and L&D; teams. Role & responsibilities

Preferred candidate profile

📌 Operational Risk Manager (Pune)
🏢 SKILLVENTORY
📍 Pune