Overview
AVP-Operational Risk (Corporate Banking)
Job Description:
Purpose of the position:
– Manage & control risks around Enterprise, Operational, ESG, New Products, In-Office Inspection & ICAAP.
Job Responsibilities:
– ERM & ORM: Manage & control Risk Appetite Frameworks (RAF), Risk Appetite Measures (RAM) & Risk Policies aligned with Business & Regulations.
– ESG: Manage & control ESG Risk Framework, Policies & Climate Risk Models aligned with Business & Regulations.
– New Product Approval: Facilitate approval of new products via established processes. Controls risks around new products.
– In-Office Inspection (IoI): Support the periodic IoI process across various branches of the bank, communicate with various functions & liaise with audit.
– Risk Management Committee (RMC): Prepare RMC presentation materials by liaising with relevant departments.
– ICAAP: Identify & analyze material risks & capital requirements under Pillar 2 of Basel III, which will enable setting of capital targets commensurate with the Bank’s risk profile and control environment.
– Risk Management Culture: Promote risk awareness & strengthen the risk management culture with the bank.
Qualifications:
– Knowledge: Corporate Banking, Capital Markets, Financial Risk, ESG, RBI Regulations, Basel Regulations.
– Skills: Risk Identification, Risk Analysis, Formulate Risk Policies/Framework/Procedures, Communication, Analyze & Decipher Risk / Financial Models, Quantitative Data Analysis.
– Experience: Risk Control / Reporting with Banks/Financial Institutions/Rating Agencies.
– Qualifications: MBA FRM Preferred.
Certifications (Mandatory to have at least one certification):
– Certificate in Risk in Financial Services.
– FRM/PRM/CFA.