Chief ManagerSr ManagerOperational Risk ll NBFC ll

Chief Manager/Sr. Manager-Operational Risk

Roles and responsibilities

· Initiate and develop OR policies, processes and framework according to standards for risk management.

· Review of OR Framework and related policies related to business unit

· Implement plan to prevent, eliminate/minimize and mitigate operational risks.

· Conduct root cause analysis of OR incidents and ensure effective corrective action

· Support the business to design controls to enable risk management for new

products/processes

· Drive continuous improvement in the business control environment by using OR tools

· Conduct RCSA and discuss with functional heads for preventive/ corrective action.

Doing control testing and maintenance of risk registers.

Identifying and working on areas of cost reduction and process improvement .

Identification and measurement of operational losses and reporting to management.

· Develop KRI and ensure review/monitoring of KRIs and preventive/ corrective action is taken by concerned stakeholders for bringing parameters within defined thresholds

· Conducting ORMC, documenting minutes and timely closure of ATRs.

· Design , development and Review of revised SOPs and oversee effective design of controls for all revised/changed processes

· Publishing KRI Dashboard and OR Event Dashboard to Functional Heads on a periodical basis.

· Ensure constitution of appropriate operational risk committees with approved

terms of reference including quorum, recording minutes, follow up for closure of identified actionable

· Salary-15-20 LPA

· Experience – 7-10 Years

· Vertical- Vehicle

· Industry-NBFC/BFSI

· Designation-Sr. Manager/Chief Manager

· Location-Jaipur

· Qualification -CA