Specific/ mandatory skills: Knowledge about Risk Management, particularly Controls. Well-versed with MS-excel, MS Powerpoint and MS Word. Good communication and Interpersonal skills, good stakeholder management skills
Experience range: 7-8 years
Open to considering fresher candidates (Yes/No): No
Open to considering relocation/ non-local candidates (Yes/No): No
Contract duration: 8 months
Shift timings: 10 AM - 7 PM
Number of days work from office: Currently, 2 days. Can change to 5 days a week.
Preference of hiring only diversity candidates (Yes/No): No
Role Description:The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the bank's Non-Financial Risk (NFR) exposure is adequately managed in-line with the group wide risk appetite and NFRM framework. To achieve this the NFRM function requires:
Risk Managers with experience, seniority and tools to assess complex risks and intervene where they lie outside the bank's risk appetite
A comprehensive, integrated, simple and easy to use NFR Framework with supporting technology that assists risk identification, assessment and remediation
Strong understanding of the businesses combined with regular engagement which would allow NFRM to provide support, review and challenge in line with the 3 Lines of Defence Model
Close coordination with all 2nd Line of Defence (LoD) Risk Type Controllers to facilitate the production of a holistic view of NFR
Proper consideration of emerging risks, rather than just current issues
Effective governance combined with supporting MI that facilitates decision-making
NFRM is a matrix organization with business/region and functional specialist axes
Your key responsibilities:This role in the NFR Mumbai Risk Centre's QA team will be expected to effectively perform 2nd LoD responsibilities such as:
Execute quality assurance processes to ensure NFRM consistently meet NFR quality standards set by the Bank
Execute quality assurance processes to help functions ensure they meet NFR quality standards set by the Bank - i.e. provide data insights to Framework Adherence
Leverage quality assurance outcomes to identify opportunities that improve operating and design efficiencies - standards; processes; tooling etc
Execute quality assurance processes that improve the quality, value and consistency of risk management focus
Your skills and experience:
A robust understanding of Non-Financial Risk Management principles and practices
Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 LoD model
Advanced user of MS Excel / Access database with experience of data aggregation and manipulation to produce meaningful MI
Worked with Senior Stakeholders within a high pressure dynamic environment