Function: Treasury Operational Risk Management

Designation: AVP/Senior manager

Reports to: DVP, Market Risk (Treasury Ops Risk in-charge)

Location: Mumbai, BKC

Functions:

*Reporting to DVP - Market Risk (in charge of Operational risk management for Treasury), this manager will act as the second line of defense for risk management for treasury functions (with span covering Front, Middle & Back Offices), provide independent risk oversight and will be responsible for establishing, coordinating, challenging and enhancing the operational risk management framework across treasury products, processes & systems. This manager will collaborate with DVP-Market Risk in the identification, assessment, monitoring and mitigation of operational risk arising from people, process, system, data, vendor and external-event failures that can impact treasury functions.*
- Review of all existing & newly proposed Treasury Products, Processes & systems (Front, Middle and Back-office): Challenge the existing/proposed risk-controls framework,



identify weaknesses and recommend appropriate & effective controls to strengthen framework for Operational risk mitigation. Highlight inadequately mitigated risks & control-gaps to senior management in Risk, Treasury respective committees for Ops Risk Management. Follow-up to ensure implementation.
- Monitor adherence of Treasury units to Operational Risk Appetite
- Critically review Risk Control Self-Assessment (RCSA) prepared by Treasury units and ensure correct assessment of risk. Ensure comprehensive coverage of all treasury functions in RCSA. Ensure emerging risks, control changes, incidents and audit observations are correctly incorporated. Maintain RCSA libraries and ensure timely periodic review.
- Review Control testing results provided by Treasury units & evaluate effectiveness of controls. Perform sample control testing for limited set of risks periodically. Agree on remediation with stakeholders if controls are deficient.
- Critically ana

📌 Treasury Operational Risk Manager (Mumbai)
🏢 Kotak Mahindra Bank
📍 Mumbai