About the role

Risk:OPERATIONAL RISK TEAMINTERNAL USAGE:No. of Vacancies:Reports to:Is a Team leader?Y/NTeam Size:Grade:ManagerBusiness:Corporate CenterDepartment:�RiskSub-Department:-Location:CO- MumbaiAbout RiskThe Risk department ensures that the Bank�s risk is managed through a risk management architecture as well as through policies and processes approved by the Board of Directors encompassing independent identification, measurement and management of risks across the various businesses of the Bank. The Risk department of the Bank strives to proactively anticipate vulnerabilities at the transaction as well as at the portfolio level, through quantitative or qualitative examination of the embedded risksAbouttheRoleThe Operational risk team ensures that the operational risk exposure of the bank is in compliance with the overall risk appetite and philosophy of the Bank as defined by the Board of Directors. The team also ensures compliance to the Operational Risk Management (ORM) policy and processes defined by the bankKey Responsibilities

� Conduct Analytics of KRIs and Loss Data

� Responsible for implementation and framing of policies & frameworks for the Advance Measurement Approach (AMA)

� Responsible for Communication & Submission to RBI about AMA.��

� Run the Capital Computation Model for the Bank.��

� Co-ordinate with external consultants who validate the AMA, and identify any gaps and provide solutions for the same

� Conduct workshop to help understand scenario analysis��

Qualifications

Optimal qualification for success on the job is:

� MBA (Finance) from a recognized institute

� 4 years of relevant experience in the banking/ Risk consultancy sector�

Role Proficiencies:

For successful execution of the job, the candidate should possess:

� Thorough Understanding about AMA and Operational Risk��

� Good communication (both verbal and written) skill in both English and the local language

� Ability to handle pressure and meet deadlines��

Risk:Operational Risk Team

About the role

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