Ops Risk Manager - Gurugram, India - Airtel

    Airtel
    Airtel Gurugram, India

    2 weeks ago

    Airtel background
    Full time
    Description

    Operational Risk identification, mitigation, monitoring

  • Coordinating Risk & Control Self-Assessment (RCSA) framework across the various Business and Support units.
  • Assisting in identification of key risk indicators with business units.
  • Performing root cause analyses on identified risk events and recommend improvements to prevent these risk events from re-occurring in future.
  • Perform tests and measure risks, implement controls, measure their effectiveness. Monitoring the implementation of action plans to address medium and red key risk indicators reported monthly to Risk Management.
  • Monitor and act on any KPI / KRI adverse trends that arise based on Transaction Monitoring and internal and external alerts
  • Track and analyze incidences of frauds (successful and attempted) identify causes and implement with respective units comprehensive measures to close loopholes.
  • Review key outsourcing arrangements for the bank in line with outsourcing guidelines.
  • Review policies and risk associated in arm's length agreement.
  • Frame and release RCSA reports to the central group and arrive at an overall risk for the entity

    • Business processes and policies reviews

  • Review major policies, processes and products for the Bank and propose change based on new risk, control enabled and new policies implementation

    • Analytics , Automation and Documentation

  • Champion documentation of inter departmental SLAs during quality assurance reviews.
  • Enabling automation for Transaction monitoring and identify key risk indicators
  • System implementation for Fraud Monitoring and Risk Tool.

    • Business Continuity Management

  • Work with Risk manager to implement BCM framework for the bank
  • Review of program and tools to ensure they are updated.
  • Ensure BCP testing is carried out as per schedule for both business and support unit.
  • Train staff on BCM in conjunction with Risk

    • Reporting

  • Liaoning with regulators for Frauds and Compliance Events.
  • Reporting to the Board level Committees of the frauds / complaints / special investigations etc.
  • Implementation of the directions of the Board Level Committees
  • Submission of Returns to RBI

    • SKILLS

  • Technical acumen;
  • Problem-solving and decision-making abilities;
  • Analytical skills and a good eye for detail;
  • Good communication and presentation skills;
  • Ability to understand broad business issues.