Job Description

:Filed Risk Officer (53923)Weightage - 100%
High Performance Goals
S.NO. DESIRED RESULT WEIGHTAGE KEY PERFORMANCE INDICATOR Annexure
1 Field Visits - Target Vs Achievement 25% As per Annexure 1
2 Branch Visits - Target Vs Achievement 25% As per Annexure 2
3 Quality/effectiveness of risk activity 20% As per Annexure 3
4 Resolving all gaps / discrepancies identified as part of risk activity(Policy & Process Deviations) 20% As per Annexure 4
5 Self Development 10% As per Annexure 5
Annexure
Annexure - 1 - Rating Grid for FRO Field Visit - Target Vs Achievement
Scoring method 5
(Outstanding) 4
(Excellent) 3
(Very Good) 2
(Good) 1
(Adequate)
% of Achievement If actual achieved is 120% or above of target If actual achieved is between 111-120% of target If actual achieved is between 101-110% of target If actual achieved is 100% of target If actual achieved is below 100% of the target
Annexure - 2 - Rating Grid for FRO Branch Visit - Target Vs Achievement
Scoring method 5
(Outstanding) 4
(Excellent) 3
(Very Good) 2
(Good) 1
(Adequate)
% of Achievement If actual achieved is 120% or above of target If actual achieved is between 111-120% of target If actual achieved is between 101-110% of target If actual achieved is 100% of target If actual achieved is below 100% of the target
Annexure - 3 - Rating Grid for FRO Quality/Effectiveness of Risk activity
Scoring method 5
(Outstanding) 4
(Excellent) 3
(Very Good) 2
(Good) 1
(Adequate)
% of Achievement No 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 method 5
(Outstanding) 4
(Excellent) 3
(Very Good) 2
(Good) 1
(Adequate)
% of Achievement No 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 5
Scoring method 5
(Outstanding) 4
(Excellent) 3
(Very Good) 2
(Good) 1
(Adequate)
Average Mandays of Training per Team Member >=3 2.5-2.99 2-2.49 1-1.99

Equitas Small Finance Bank