Region Head-Engineering Underwriting

Job Description

Audit and compliances Interact and liaison with internal and external auditors and ensure closure of audit points within TAT Render assistance in terms of data support for ISO Audit certification Adherence to the risk policy while conducting annual Risk reviews with the department spocs/risk owner Identify risk of non compliance and highlight to the RMC Mitigate and collaborate with risk owners and ensure control mechanisms are in place Review SOPs in case of deviations highlighted audit observations Risk management Risk assessment-Identify and categorize the type of risk (high, medium or low), analyze, assess and estimate the risks affecting business Risk evaluation- Compare estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors and evaluating previous handling of risks Risk reporting in an appropriate way for different audiences, for example- to the Risk Management Committee/ Executive Risk Management Committee for them to have an understanding of most significant risks, to the business heads to ensure they are aware Prepare the Risk management strategy and present to the Board for final approval maintain Risk Register documenting specific framework for specific risks mapped to RCM so that a financial value can be assigned Control and testing assessment Define key risk indicators-channel wise and identify major control factors for each (system control, manual control, supervisory control, compensatory control) Perform a Cost benefits analysis- to understand if we need to transfer/ share risk Conducting trainings and Reviews of risk champions Providing support, education and training to the staff to build awareness within the organization Mandatory Skills  Good analytical skills  Professional certification in Risk management Desirable Skills Good communication skills. 2.Flexible & adaptable to change. 3.Well versed with MS Office. 4.Should have good analytical and problem-solving skills. 5.Should be aware of the Local language. Education/Qualification  Minimum Qualification: post graduation in statistical stream. MBA in Finance. Show more Show less