Lead- Operational Risk

7 - 11 years

27 - 37 Lacs

Posted:2 weeks ago| Platform: Naukri logo

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Skills Required

Work Mode

Work from Office

Job Type

Full Time

Job Description

Role & responsibilities

1. Risk Assessment: Identify and assess operational risks across various business functions and processes within the NBFC.

2. Risk Mitigation: Develop and implement risk mitigation strategies and controls to reduce operational risk exposure.

3. Compliance Monitoring: Ensure that the company adheres to regulatory requirements and industry standards, addressing any compliance issues related to operational risk.

4. Incident Management: Manage and investigate incidents or events that may result in operational risk, ensuring timely resolution and reporting.

5. Risk Reporting: Generate and present operational risk reports to senior management, highlighting key risk areas and recommended actions.

6. Policy Development: Develop and maintain operational risk policies and procedures, keeping them up to date with changing regulations and industry best practices.

7. Process Improvement: Identify opportunities for process enhancements and automation to mitigate operational risk more effectively.

8. Training and Awareness: Educate employees and stakeholders on operational risk awareness, compliance, and risk management best practices.

9. Stakeholder Communication: Collaborate with various departments and stakeholders to promote a culture of risk awareness and mitigation.

Preferred candidate profile

- Bachelor's degree in Business, Finance, Risk Management, or a related field. A Master's degree (MBA) or relevant certifications in risk management (e.g., FRM, CRM) are advantageous.

- A minimum of 7-10 years of experience in risk management, with a focus on operational risk within the financial services industry.

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Poonawalla Fincorp Ltd. logo
Poonawalla Fincorp Ltd.

Financial Services

Pune