Role type: Individual Contributor / People Manager
Department: Risk Management
Reporting to: Chief Risk Officer
Location: Mumbai
Your Role (summary):
To help organization in establishing, implementing and overseeing various risk management practices and policies. The candidate would be responsible for identifying and assessing risk in various functions and help establish mitigants to address these risks.
You will be responsible for:
- Ensure all risk related policies are defined, reviewed, and updated periodically and placed at the relevant risk management committee for approval.
- Define & review the Risk Management Framework for Asset Management Company, including implementing process improvement initiatives.
- Maintenance & review of Risk register, Control testing, monitor control breaches as a result of periodic Risk & Control Self-Assessment (RCSA) review and mitigating actions to be put in place by the management and risk function.
- Execute independent risk assessments as a member of the second line of defense and provide regular reporting to senior management and the Board of Directors.
- Review external events and emerging risks to ensure they are considered and managed accordingly by the first line of defense.
- Monitor dealing room controls
- Monitor daily trades executed vis-à-vis defined risk metrics
- Incident escalation and closure of the same by putting adequate controls in place.
- Preparing risk dashboards covering various facets of risk for reporting to the Management & Boards.
- Liaising with various internal stakeholders, auditors
Knowledge, Skills, Competencies, and Certifications:
- Robust Operational risk domain knowledge/ experience.
- Experience in various areas of operational risk, preferably within a financial services organization including, but not limited to the following: Operations, Finance, Technology, Business Continuity, Compliance and Outsourcing risk.
- Proficiency in MS- Excel, Word and Power point etc.