Operational Risk Consultant

Hi,

We are looking for Operational Risk professional who have good experience into IT Risk.

Location: Goregaon

Mode of Operation: work from office

Education: Engineering Background (BE/BTech into computer or equivalent)

Experience : Total work experience 8+ years. 4-5 years of relevant experience in risk identification and management, Enterprise Risk Management (ERM), Operational Risk Management (ORM), IT Risk, incident governance, compliance and/or audit.

• Candidate should have worked extensively on maturing the risk culture through diligent initiatives.
• Ideal candidate having experience in the financial services industry and a working knowledge of regulatory requirements.
• Profound knowledge of Risk Management (regulatory requirements, industry leading practices & trends in ORM and ERM)
• Ability to articulate complex concepts and information in a clear, concise, and structured manner.
• Strong strategic, analytical, and decision-making skills.
• Proven relationship management skills and ability to influence a large and diverse group of stakeholders (often without organizational structure) through persuasion, intellect, experience, strong interpersonal skills etc.
• Stay abreast of current industry standards, regulations, and external environment.
• Develop and maintain knowledge of systems and data to ensure optimal use of technology.
• Strong strategic, analytical, communication and decision-making skills

Job Responsibilities:

• Review new product / process documentation and be able to identify the impact of the same on the Operational risk profile and ensure that adequate mitigation measures / controls are in place
• Monitor, review, and communicate the impact to the risk profile of future initiatives, including new product / process assessments, targeted risk reviews, major business changes, changes in regulations and changes in the operating environment.
• Responsible for the completion of the Risk and Control Self Assessments for the assigned departments / verticals in the ERM tool, if any
• Carry out detailed walkthroughs and process mapping to identify significant risks and controls
• Identify Key Risk Indicators for the assigned verticals / departments, monitor and report the same periodically
• Assist in determining company’s risk appetite and quantify the amount of risk as per the impact and likelihood.
• Oversee the operational risk incident management process to guarantee that timeliness, integrity, and quality control are maintained
• Review the operational risk incidents and conduct root cause analysis and business impact analysis
• Develop Risk Mitigation Action Plans
• Work together with other organizational line of defense (i.e. Compliance, Internal Audit, etc.).
• Managing and building relationship with ORM vendors.