Assistant Vice President - Mumbai, India - T D Newton & Associates

    T D Newton & Associates
    T D Newton & Associates Mumbai, India

    2 weeks ago

    Default job background
    Banking / Loans
    Description

    Job Purpose:

    An active team member being part of the team and working in areas like RCSA, ORMC, ICAAP, Thematic review, Scenario Analysis and Loss data.

    Roles & responsibilities

    • Understanding business process and being able to translate them into identification and assessment of operational risk in the products and activities performed.
    • Contributing to identifying and naming a risk in the system, frequency and severity of the risk, identifying controls to mitigate the risk.
    • Collect, calculate and process data towards modeling, generating risk scores. Analyze and organize to have the same recorded in the system including sending emails/ follow up with the concerned owners..
    • Maintain files and records as required / directed. Interact and interface with unit/unit head.
    • Update respective components/elements of framework as directed / communicated.
    • Follow-up towards action / implementation as needed. Test/use software as needed/changed from time to time.

    Education Qualification

    Candidate should be MBA in Finance / Chartered Accountant.

    Skills required

    Excellent Analytical skills with good understanding of technology.

    Ability to work under pressures and for long hours as and when required.

    Strong 10+ years of experience in vendor risk / outsourcing risk / third party risk / operational risk.