Assistant Vice President, Team Lead, Operational Risk Management, Risk Management Group (Mumbai)

Assistant Vice President, Team Lead, Operational Risk Management, Risk Management Group (Mumbai)

10 Aug
|
DBS Bank
|
Mumbai

10 Aug

DBS Bank

Mumbai

Job Purpose:
To assist the Head, RMG - Operational Risk (India) and lead the team in driving an effective and efficient operational risk programme across the Business & Support Units of DBS Bank, India.
Key accountabilities:
- Lead and oversee the team's efforts in facilitating the implementation and ongoing monitoring of adherence to the DBS Group Operational Risk Management (ORM) Framework within the Business / Support units (BU/SU), enabling identification, assessment, mitigation, measurement, monitoring, and reporting of key operational risks.
- Maintain key relationships with UORMs of the BU/SU and raise potential operational risk and control issues to RMG and line management of BU/SU.
- Contribute to department initiatives to improve the management of operational risk, including assisting to implement best practices.
- Keep abreast of own career development to enhance own skills and competence.

Job duties and responsibilities:
- Provide advice, guidance and training to the Business / Support units (BU/SU) on operational risk matters including risk management processes,



where applicable, for adoption by the units
- Engage with relevant business/support units’ UORM, facilitating the use of relevant operational risk tools and methodologies, including Risk Event Reporting, Control Self Assessment (CSA), Key Risk Indicators (KRI), etc to enable the units to identify, assess and mitigate key operational risks
- Liaise with relevant business/support units’ partners in the various control and support functions e.g. Credit, Compliance, Legal, etc in addressing operational risk issues arising in the end-to-end processes
- Manage and maintain the ORMS system that enables regular risk reporting and analysis and liaise with internal support parties (eg ORMS support)
- Conduct reviews on operational risk metrics (Risk Events, CSA, KRI, etc) as appropriate, including the responses and action plans and assessing the effectiveness of these as adequate mitigants to the r

📌 Assistant Vice President, Team Lead, Operational Risk Management, Risk Management Group (Mumbai)
🏢 DBS Bank
📍 Mumbai

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