Associate, Specialist, Operational Risk Management, Risk Management Group (Mumbai)

Associate, Specialist, Operational Risk Management, Risk Management Group (Mumbai)

16 Aug
|
DBS Bank India
|
Mumbai

16 Aug

DBS Bank India

Mumbai

Business Function
Risk Management Group works closely with our business partners to manage the bank’s risk exposure by balancing its objective to maximize returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.
Essential Requirements
Job Purpose
Effective management of the risk management process and frameworks of the bank.
Key Accountabilities: -
- Facilitate the implementation and ongoing monitoring of adherence to the DBS Group Operational Risk Management (ORM) Framework within the Business / Support units (BU/SU) that enables 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 using Data Analytics.
- Ensure Satisfactory Ratings in Audit reviews and compliance to regulatory requirements.

Job Duties & Responsibilities: -
- Ensure adherence by Units on Third party risk management framework. The local policy to be aligned with RBI and Group guidelines. Provide oversight on third party risk management with special focus on Outsourcing Risk.
- Provide advice, guidance and training to the Business / Support units (BU/SU) on Third party risk management and outsourcing risk. This will including risk management processes, where applicable, for adoption by the units
- Ensure review and challenge on Business continuity policy and procedure matters
- Develop policy framework for BCM and ensure alignment with RBI and Group requirements.
- Manage regulatory and internal audits for BCM and Third Party Risk management.
- Engage with relevant business/support units’ UORM, facilitating the u

📌 Associate, Specialist, Operational Risk Management, Risk Management Group (Mumbai)
🏢 DBS Bank India
📍 Mumbai

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