Operational Risk Specialist

Responsibilities

• Operational Risk Assessment

  : Identify and assess operational risks associated with the NBFC's activities, including processes, systems, and human factors.

• Risk Mitigation

  : Develop and implement strategies to mitigate operational risks, including the design and improvement of risk control measures and incident response plans.

• Regulatory Compliance

  : Stay up-to-date with operational risk regulations and ensure that the NBFC's practices comply with financial regulations.

• Risk Incident Management

  : Oversee the investigation and resolution of operational risk incidents and develop processes to prevent their recurrence.

• Policy Development

  : Contribute to the development and updates of operational risk management policies and procedures in line with industry best practices and regulatory guidelines.

• Monitoring and Reporting

  : Regularly monitor operational risk indicators and trends, and prepare reports for senior management and regulatory authorities.

• Training and Awareness

  : Conduct training sessions to educate employees on operational risk awareness and best practices.

• Stakeholder Communication

  : Effectively communicate operational risk-related information to relevant stakeholders and senior management.

• Continuous Improvement

  : Continuously assess and enhance operational risk management practices to adapt to changing market conditions and business strategies.