Operational Risk Controls Assurance- Senior Specialist (Bengaluru)

Operational Risk Controls Assurance- Senior Specialist (Bengaluru)

27 Sep
|
OSB India
|
Bengaluru

27 Sep

OSB India

Bengaluru

1. Core Responsibilities

- Conduct enterprise-wide reviews encompassing wider assessments of business areas, e.g. Operational controls

- Complete assurance reviews to a high standard that are balanced and always cognisant of policy requirements and are accurate with a low findings” error rate against test scripts and timelines to enable the function to achieve its goal of becoming a centre of excellence.

- Objectively asses’ failings ascribing findings and ratings aligned with the Banks policies and Operational Risk appetite.

- Provide the Operational Risk leadership and key stakeholders with timely objective interim assessments of emerging issues and thematic trends.

- Maintain close liaison with other Risk teams in respect of inward thematic emerging issues, and timely outward escalation of concerns or issues emanating from specific reviews.

- Establish and maintain a productive but independent working relationship with relevant stakeholders.

- Support the wider Operational Risk function in respect of advice, specific workstreams or due diligence efforts as required.

- Maintain functional individual and consolidated review databases, utilising our system of record – ORMS - to extract specific and cumulative findings to be used in Executive and where necessary external reporting.

- Assist management with the closure of items raised.

- Ensure that you fully understand and comply with the organisation’s Risk Management Policies as they relate to your area of responsibility and demonstrate in your day-to-day work that you put customers at the heart of everything you do;





- Ensure that you fully understand and comply with the organisation’s Data Governance Policies as they relate to your area of responsibility and demonstrate in your day-to-day work that you treat data as an important corporate asset which must be protected and managed;

- Maintain the company’s compliance standards and ensure timely completion of all mandatory on-line training modules and attestations.

- Demonstrates the ability to guide, mentor, and coach team members, providing support and direction whenever required to ensure successful delivery of objectives.

- Possesses the capacity to effectively perform and review controls simultaneously, ensuring high-quality execution, appropriate challenge, and timely completion of assurance activities.

2. Experience Requirements

- 5 to 7 years of experience working within a risk workplace within a regulated financial institution is essential.

- 4 years’ demonstrable experience of critically analysing information and bringing out clear implications is essential.

- Previous experience of the development of management information for multiple audiences is desirable.

3. Knowledge Requirements

- Sound knowledge of Bank systems, processes and controls is essential.

- Sound knowledge of bank policies and how they are practically operationalised is essential.

- Sound knowledge of the control testing approaches, with particular focus on operational and design effectiveness assessments.

- Sounds knowledge of risks and preventative systems and tools utilised in a lending and savings environment is essential.

📌 Operational Risk Controls Assurance- Senior Specialist (Bengaluru)
🏢 OSB India
📍 Bengaluru

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