Assistant Manager- Operational Risk

As a Risk Professional in the organization, your role will involve collaborating with a team to identify, measure, monitor, and report on enterprise-wide risks. You are expected to have a strong understanding of Business Continuity Management and oversee the entire BCM program. Conducting quarterly Risk Committee meetings to update EXCO members on the operational risk agenda is a key part of your responsibilities. Your tasks will include leading annual Key Risk Indicator (KRI) reviews, monitoring KRCIs triggers and thresholds, and analyzing the results with the Business team. Managing an effective operational Risk and Outsourcing/Vendor Risk Framework is crucial. You will also be responsible for creating dashboards to track IT/IS/third-party risks for reporting to the Risk Management Committee and Senior Management. Furthermore, you will need to develop Standard Operating Procedures (SOP) for financial services vendors and carry out an annual RCSA exercise for HCIN. Your duties will involve identifying, evaluating, controlling, and mitigating organization-wide operational risks through proactive control strategies. Providing support to units in process and procedure reviews, User Acceptance Tests from an Operational Risk perspective, and sharing knowledge and skills with business units are also part of your role. **Principal Accountabilities:** - Coordinating and executing reviews of third-party outsourced vendors, including IT and non-IT vendors. - Generating and presenting ideas through reports and presentations, offering suggestions for enhancements based on research or findings. - Regularly reviewing vendor complaints (risk events) and conducting root cause analysis in collaboration with business units. - Identifying Key Risk Indicators (KRIs) and monitoring breaches, reporting them to senior management. - Tracking action plans and ensuring their timely closure within specified timelines.,