HomeFiled Risk Officer (53923)

Key Result Areas

Position : Field Risk Officer (FRO)

Weightage - 100%

High Performance Goals

S.NO.DESIRED RESULTWEIGHTAGEKEY PERFORMANCE INDICATORAnnexure

1Field Visits - Target Vs Achievement25%

As per Annexure 1

2Branch Visits - Target Vs Achievement25%

As per Annexure 2

3Quality/effectiveness of risk activity20%

As per Annexure 3

4Resolving all gaps / discrepancies identified as part of risk activity(Policy & Process Deviations)20%

As per Annexure 4

5Self Development10%

As per Annexure 5

AnnexureAnnexure - 1 - Rating Grid for FRO Field Visit - Target Vs AchievementScoring method5

(Outstanding)4

(Excellent)3

(Very Good)2

(Good)1

(Adequate)% of AchievementIf actual achieved is 120% or above of targetIf actual achieved is between 111-120% of targetIf actual achieved is between 101-110% of targetIf actual achieved is 100% of targetIf actual achieved is below 100% of the target

Annexure - 2 - Rating Grid for FRO Branch Visit - Target Vs AchievementScoring method5

(Outstanding)4

(Excellent)3

(Very Positive)2

(Good)1

(Adequate)% of AchievementIf actual achieved is 120% or above of targetIf actual achieved is between 111-120% of targetIf actual achieved is between 101-110% of targetIf actual achieved is 100% of targetIf actual achieved is below 100% of the target

Annexure - 3 - Rating Grid for FRO Quality/Effectiveness of Risk activityScoring method5

(Outstanding)4

(Excellent)3

(Very Good)2

(Good)1

(Adequate)% of AchievementNo critical audit observations raised by Internal auditors/other audits (ARM/TRM) during FY,



which is not reported by FRO/RFRO.One critical audit observations raised by internal auditors/other audits (ARM/TRM) during FY which is not reported by FRO/RFRO.2 critical audit observations raised by Internal auditors/other audits (ARM/TRM) during FY which is not reported by FRO/RFRO.3 critical audit observations raised by Internal auditors/other audits (ARM/TRM) during FY which is not reported by FRO/RFRO.More than 3 critical audit observations raised by Internal auditors/other audits (TRM/ARM) during FY which is not reported by FRO/RFRO.

Annexure - 4 - Rating Grid for FRO - Resolving all gaps / discrepancies identified as part of risk activity(Policy & Process Deviations)Scoring method5

(Outstanding)4

(Excellent)3

(Very Good)2

(Good)1

(Adequate)% of AchievementNo compliance related/process gap/ audit queries, raised by Internal auditors/other audits / ARM /TRM during FY.Not more than 2 compliance related/process gap audit queries raised by Internal auditors/other audits / ARM /TRM during FY.3 to 4 compliance related/process gap audit queries raised by Internal auditors/other audits / ARM / TRM during FY.5 to 6 compliance related/process gap audit queries raised by Internal auditors/other audits / ARM /TRM during FY.More than 6 compliance related/process gap audit queries raised by Internal auditors/other audits / ARM/TRM during FY.

Annexure 5Scoring method5

(Outstanding)4

(Excellent)3

(Very Good)2

(Good)1

(Adequate)Average Mandays of Training per Team Member>=32.5-2.992-2.491-1.99<1

📌 Field Risk Officer (Jaipur)
🏢 equitas small finance bank
📍 Jaipur