Operational Risk Management

DBS Bank

5 - 10 years

3 - 25 Lacs

Mumbai Maharashtra India

Posted:1 week ago| Platform: Foundit logo

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Skills Required

risk management Operational Risk consumer banking

Work Mode

On-site

Job Type

Full Time

Job Description

Provide advice, guidance and training to the Business / Support units (BU/SU) on operational risk matters including risk management processes, where applicable, for adoption by the units
Engage with relevant business/support units UORM, facilitating the use of relevant operational risk tools and methodologies, including Risk Event Reporting, Control Self Assessment (CSA), Key Risk Indicators (KRI), etc to enable the units to identify, assess and mitigate key operational risks
Liaise with relevant business/support units partners in the various control and support functions e.g. Credit, Compliance, Legal, etc in addressing operational risk issues arising in the end-to-end processes
Manage and maintain the ORMS system that enables regular risk reporting and analysis and liaise with internal support parties (eg ORMS support)
Conduct reviews on operational risk metrics (Risk Events, CSA, KRI, etc) as appropriate, including the responses and action plans and assessing the effectiveness of these as adequate mitigants to the risks identified.

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