Manager-BORM

5 - 10 years

0 Lacs

Posted:2 weeks ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Role Overview: As a BORM Specialist in the Rural Banking function, your main objective is to leverage your understanding of processes to provide analytical insights for the business unit. You have the crucial responsibility of ensuring strict adherence to Regulatory and Risk Policies. Additionally, you will lead risk assessments, analyze operational risks, and promote risk awareness within the organization through collaboration with internal stakeholders. Key Responsibilities: - Ensure strict adherence to Regulatory and Risk Policies for the business unit - Lead risk assessment activities, including analyzing and estimating operational risks - Communicate transparently on identified issues and gaps through the escalation process for remediation - Gain a comprehensive understanding of departmental work and processes - Provide support for examination, audit, and review processes - Participate actively in control calibration sessions - Define Key Risk Indicators (KRIs) for operational risks in collaboration with stakeholders - Offer support, education, and training to staff to enhance risk awareness within the business units - Provide analytical and functional support for any risk-related issues within the business unit - Stay updated on regulations to ensure compliance with internal guidelines and statutory requirements Qualification Required: - Graduate in any field - Postgraduate in Finance (Full Time) (Note: Additional details about the company were not provided in the Job Description),

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IDFC FIRST Bank logo
IDFC FIRST Bank

Banking and Financial Services

Chennai

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