Assistant Manager- Operational Risk

As a Risk Management Professional in this role, you will collaborate with a team of risk professionals in India to identify, measure, monitor, and report on enterprise-wide risks. Your strong understanding of Business Continuity Management will be crucial as you oversee the entire BCM program for the organization. Conducting quarterly Risk Committee meetings to update EXCO members on the operational risk agenda will also be part of your responsibilities. Your key responsibilities will include: - Leading and supervising annual Key Risk Indicator (KRI) reviews, monitoring KRCIs triggers and thresholds, and analyzing results with the Business team. - Managing an effective operational Risk and Outsourcing/Vendor Risk Framework. - Generating dashboards to track IT/IS/third-party risks for reporting to the Risk Management Committee and Senior Management. - Developing Standard Operating Procedures (SOP) for vendors providing financial services. - Conducting an annual RCSA exercise for HCIN. - Identifying, evaluating, controlling, and mitigating organization-wide operational risks through a proactive control strategy. - Assisting units in conducting process and procedure reviews, User Acceptance Tests from an Operational Risk perspective, and sharing knowledge and skills with business units. Moreover, your principal accountabilities will involve: - Coordinating and executing reviews of third-party outsourced vendors, including IT and non-IT vendors. - Generating ideas, presenting them through reports and presentations, and offering suggestions for enhancements. - Reviewing complaints against vendors (risk events) and conducting root cause analysis with business units. - Identifying Key Risk Indicators (KRIs), monitoring breaches, and reporting them to senior management. - Tracking action plans and ensuring timely closure within specified timelines.,