Job Purpose
“This position is open with Bajaj Finance ltd.”Culture Anchor:Have high ambitions - Inspires the team to aim for higher targets and supports in achieving themOwn It - Acknowledges uncertainty and makes changes in own decisions/ actions for better outcomesDuties and Responsibilities
•Review of design & implementation of Operational Risk Management (ORM) framework•Review of design, implement and Testing (TOD/TOE) of Internal Control over Financial Reporting (ICOFR) framework.•Conceptualization, documentation & implementation - Financial Control Chart Framework•Preparation of Risk Control Matrix (RCM) & Process, Flow Chart for Finance & Treasury processes•Ensure that risks are appropriately identified, documented and reported in compliance with laws, regulations and internal policies and standards.•Back testing of Completeness of control environment from Trial Balance, periodic Monitoring & Testing of Controls.•Timely release of reports for executives,



senior management & key stakeholders•Collaborate with cross functional heads & intern department verticals to implement an effective Operational Risk Management Framework (ORMF) within Finance function to ensure operational risks and controls are being managed appropriately in a proactive& disciplined manner to meet external/ internal requirements.•Perform testing and validation on control gap remediation efforts, once the remediation action plan has been reported as implemented through the RCP. •Follow-up on open issues & exceptions for remediation & closure•First point of contact for Statutory Auditors to satisfy ICOFR related queries•Project Management – Run and / or Support various Risk and Control projects. Work with business units to enable them to deploy solutions.•Automate ORM & FCC framework - Tool/ system evaluation and implementation•Demonstrate tangible advantages of Finance Control ChartRequired Qualifications and Experience
Practice Emotional Intelligence - Develops the team, supporting them to do

📌 Cluster Manager (Pune)
🏢 Bajaj Finance
📍 Pune