Operational Risk Management - Risk Control Unit (RCU)

Responsibilities :

1.1 Support in Designing the Branch Risk Review module and Risk ScoreCard. 1.2 Monitoring and Guiding the Regional Risk Managers (RRM) for Branch Risk Assessments in the Regions on following aspects: 1.2.1 Process Risks, People Risk and Systems Risk 1.2.2 Business Continuity Management 1.2.3 Information Security 1.3 Visiting few Branches / Regions across PAN India for Risk Assessments and identifying Process Risks, People Risk and Systems Risk, Info Sec Assessment and BCM assessment. 1.4 Checking cases on the basis of information received from Industry.

2. Risk Evaluation

2.1 Evaluation of Identified Risks from Branch Risk Assessments. 2.2 Root Cause Analysis of Identified Risks. 2.3 Approval of observations Identified during the Branch Risk Assessments. 2.4 Analysis of identified Risks and interdepartmental coordination with respective Risk Owner for mitigation. 2.5 Checking cases on the basis of Industry Information. 2.6 Support in Evaluation of the BCM Star assessment done by the RRMs.

3. Risk Treatment & Monitoring

3.1 Derive inferences from the identified Risks and propose suitable mitigation plan. 3.2 Follow up with respective departments for suggested process changes. 3.3 Ensuring prompt implementation of the actionable of inter departments. 3.4 Manage and coordinate with RRMs and CRM Team for Sales Audit calls to the customers wherein mis-selling complaints are registered. 3.5 Coordinating with RRMs for timely closure of Branch Risk Assessment Reports.

4. Monthly Reporting / Dashboards

4.1 Maintaining & analysis of RCU data bank and dashboard. 4.2 Preparation of Monthly report for publishing to Regional Risk Managers. 4.3 Monthly dashboard on Risk Champion Scorecard.

5. Internal Control

6. Implementation of Risk Management Initiatives at Region

7. Risk Awareness in the Region

8. Ad Hoc Projects / Activities

Preferred technical skills