Ensure policies and procedures supporting implementation of the Operational Risk Management
Identification and Assessment of Risk and suggesting mitigations with the objective of minimizing risk, contain losses and maximize savings to help achieve business and organization objectives.
Assess the effectiveness of risk mitigations and controls, Risk review, Deep dives in reporting status on progress to Management
Maintain oversight on the Risk Reporting for the risk (operational) function
Working closely with the Business teams, Support and Control functions towards organizational level risk management.
Key Result Areas
Operational Risk ManagementRisk analysis and self-assessment program through implementation of robust Risk Management framework to ensure:
Identification of Risks
Assessment of Risk
Monitoring implementation of Risk Controls/Mitigation strategy
Building appropriate Risk Appetite Statement and Thresholds and monitoring performance v/s threshold through suitable KRIs Tracking loss events and ensure incident management is in place Contribute towards creating/improving Risk culture in the organization Risk Assessment in the areas of Outsourcing Activities, Product Development and Implementation, etc Assessment of Control environment wrt Operational Risk Management Review of Risk Management policies and SOP basis defined frequency
Location- Thane/Lower Parel.
Education- MBA .
Experience-
5 -7 yrs. of relevant experience 3 years of exp of Insurance industry.
Employement Category:
Employement Type: Full time Industry: BFSI Role Category: Operations Management / Process Analysis Functional Area: Not Applicable Role/Responsibilies: Hiring for Senior Manager Operational Risk