Operational Risk Practitioner

10 - 18 years

0 Lacs

Posted:2 weeks ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As an Operational Risk Practitioner in the Operational Risk Management department, your role involves supporting the risk and operations functions for Retail Assets, including Digital & Fintech based Lending. Your key responsibilities include: - Assessing the quantum of operational risk and providing a view on the level of exposure relative to risk appetite. - Advising on risk mitigation strategies. - Defining Standard Operating Procedures (SOPs), Risk Registers, KRIs, and monitoring them. - Conducting the annual RCSA and analyzing reported Incidents. - Verifying Corrective and Preventive actions. - Reviewing and approving Product Notes from the ORMD perspective. - Generating relevant dashboards and ensuring appropriate dissemination. - Following defined procedures and quality standards. - Working on various projects and actionable items as advised by senior management. - Enhancing department productivity through internal projects. - Suggesting and implementing industry best practices. - Managing team aspirations. - Attracting and retaining top talent. - Adhering to the bank's defined framework of Operational Risk Management. - Meeting defined metrics in KRAs. Qualifications required for this role include: - Graduation in Bachelor of Commerce (B.Com), Bachelor of Science (B.Sc.), Bachelor of Arts (BA), Bachelor of Business & Insurance (BBI), or Bachelor of Management Studies (BMS). - Post-graduation in Master of Business Administration (MBA), Master of Commerce (M.Com), or Master of Arts (MA). - 10 to 18 years of relevant experience. You are expected to bring your expertise in Retail Advances and work collaboratively on various internal projects to ensure the department's success.,

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IDFC FIRST Bank logo
IDFC FIRST Bank

Banking and Financial Services

Chennai

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