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Job Requirements Role/ Job Title: Lead-Operational Risk Function/ Department : Enterprise Risk Management Job Purpose The role entails leading the operational risk management activities at the enterprise level. It will be responsible for designing/redesigning strategies to ensure effective coverage of Information Technology and Information Security risk from Operational Risk perspective and that the desired risk levels are met. It includes building up teams, systems, process and culture amenable to the scale and consistency of delivery. The role will closely collaborate with the Business/Product Heads and Heads of Credit, Risk, Operations, Legal, and Collections to drive efficiency in enterprise risk management. The roll is responsible for all regulatory reporting and compliances with regards to its function. Roles & Responsibilities Develop, maintain, and continuously improve the Technology Risk /operational risk management strategy and frameworks for IDFC First Bank and IDFC First Bharat Limited Support the risk and operations functions by assessing the quantum of operational risk, providing a view on the level of exposure relative to risk appetite and advising on risk mitigation. Collaborate with the other teams to oversee review of all processes followed by employees (on roll & off roll) to ensure effective Business Continuity Planning Ensure documentation of key risk indicators and controls for any critical process or key product launch Lead the review and assessment of the asset portfolio and early warning signal effectiveness to ensure that portfolio risk is minimized. Ensure that portfolio risk reports and dashboards are generated, disseminated and followed up appropriately in adherence to defined procedures and quality standards. Drive adequate portfolio quality reporting to rating agencies and ensure bank credit ratings appropriately received. Oversee the implementation of enterprise risk management policies, procedures, controls and ensure that all relevant regulatory/ internal compliance requirements are fulfilled. Perform a periodical review of the bank’s products and processes and provide risk mitigation controls and training to business to facilitate optimum protection of IDFC's business interests. Secondary Responsibilities Facilitate the establishment of a risk management culture and harmonized enterprise risk management frameworks across the bank. Lead continuous improvement of enterprise risk systems, processes and practices considering international best practices, evolving regulatory/international standards and the business environment. Ensure that all operational and portfolio risk reports are prepared timely and accurately. Define an optimum organization structure for the enterprise risk function so that resources are optimally utilized, and communication can take place in an efficient manner. Managerial And Leadership Responsibilities Mentor and coach senior team members to percolate ethos of customer centricity, innovation, compliance, and integrity. Create environments for constant innovation and sharing of ideas bottom up to serve the customer’s needs holistically. Attract and retain best-in-class talent for key roles in their reporting structure. Monitor key parameters on employee productivity, hiring quality and attrition rates and make necessary improvements. Education Qualification Graduation: Any Graduate with relevant experience. Bachelor’s in engineering of Computer, Electronics and Telecommunication, BSC IT/Computer science, BSC. Post-graduation: MBA Certification preferred: Either of the following - CISA, CISSP, CRISC, CISM, ISO 27001, ISO 22301, CCNA, CEH, CDAC. Experience: 10+ Years in bank operations and credit risk management environment. IT / IS , Cybersecurity Risk management , IT/ IS Audit, IT and IS operations. Show more Show less
