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Vice President - Operational Risk

Hyderabad, Telangana
IT / Software / Data Analyst
#724799
Remote / WFH
Mashreqbank Psc · Hyderabad, Telangana ·

Job Description

Job description
As the incumbent for the role of providing strategic leadership and oversight for the implementation and enhancement of the banks operational risk and resilience framework, your main responsibilities and key result areas include:

- Leadership in Operational Risk Management:
- Drive the implementation and oversight of Operational Risk policies, ensuring alignment with regulatory expectations and organizational objectives.
- Develop and promote a forward-looking risk culture that fosters operational excellence and resilience across the business lines.
- Implement and maintain the Operational Risk Management Framework (ORMF) in alignment with enterprise risk strategy.
- Engage in updating policies, procedures, and controls to ensure alignment with regulatory and internal standards.
- Drive risk awareness and training programs to strengthen the risk culture organization-wide.
- Ensure quality assurance and governance consistency across all divisions.
- Strengthen resilience practices through cross-functional collaboration, ensuring the organization adapts effectively to disruptions.
- Participate in operational risk governance committees and provide regular updates to the Risk forums and senior management.
- Provide expert advice and guidance to business units on risk management practices.
- Ensure proper implementation of TPRM & NPPA in respective functions.

- Stakeholder Engagement and Influence:
- Cultivate robust partnerships with regulators, industry groups, and internal leadership to influence policy development and risk management best practices.
- Act as a trusted advisor to business units on operational risk matters.
- Operational Risk Business Partner for business group to coordinate and support the overall Operational Risk & Resilience Framework implementation.
- Support the Head of Operational Risk in meeting Operational Risk management obligations including preparation of meeting materials for relevant Committees, driving action raising awareness, embedding key controls and initiatives, etc.

- Continuous Improvement and Innovation:
- Drive the integration of technology and data analytics to streamline operational risk processes and enhance decision-making capabilities.
- Spearhead initiatives that improve client experiences through operational excellence and risk management innovation.

- People Leadership and Talent Development:
- Foster a high-performing team by mentoring and developing talent within the Operational Risk and Enterprise Resilience Governance function.
- Promote a strong risk culture across the bank through training, awareness campaigns, and active engagement.

In addition to the key responsibilities mentioned above, the role requires a minimum of 15+ years of senior leadership experience in operational risk, resilience, or a related domain within global financial services. You should have proven ability to influence and implement strategic changes that enhance enterprise risk frameworks and operational resilience. Strong executive presence, understanding of Basel II/III/IV, local regulatory frameworks, and banking operations are essential for this position. Your strong interpersonal and communication skills will be crucial for engaging with regulators and internal stakeholders. As the incumbent for the role of providing strategic leadership and oversight for the implementation and enhancement of the banks operational risk and resilience framework, your main responsibilities and key result areas include:

- Leadership in Operational Risk Management:
- Drive the implementation and oversight of Operational Risk policies, ensuring alignment with regulatory expectations and organizational objectives.
- Develop and promote a forward-looking risk culture that fosters operational excellence and resilience across the business lines.
- Implement and maintain the Operational Risk Management Framework (ORMF) in alignment with enterprise risk strategy.
- Engage in updating policies, procedures, and controls to ensure alignment with regulatory and internal standards.
- Drive risk awareness and training programs to strengthen the risk culture organization-wide.
- Ensure quality assurance and governance consistency across all divisions.
- Strengthen resilience practices through cross-functional collaboration, ensuring the organization adapts effectively to disruptions.
- Participate in operational risk governance committees and provide regular updates to the Risk forums and senior management.
- Provide expert advice and guidance to business units on risk management practices.
- Ensure proper implementation of TPRM & NPPA in respective functions.

- Stakeholder Engagement and Influence:
- Cultivate robust partnerships with regulators, industry groups, and internal leadership to influence policy development and risk management best practices.
- Act as a trusted advisor to business units on operational risk matters.
- Operational Ris
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