Assistant Manager - Mumbai, India - CREDIT AGRICOLE CIB SERVICES PRIVATE LIMITED

Description

OPC – ORM (Operational Risk Manager) is responsible for implementation of operational control plans, risk mapping, conducting of OPC ORM Committees, preparation related reports, reporting of operational risk control indicators, and carrying out Control related Spot checks on OPC activities and follow-up of incidents

Organization and Co-ordination

To supervise the self-assessment exercises and to develop Operational Risk Control culture within the respective platforms and to promote best practice with regard to Operational Risk Management

To ensure the effectiveness and consistency of the existing control through:

mapping procedures covering all risks

identification of activities

identification of risks in those activities

inventory of controls in place, with the use of COSMOS tool

mapping of operational risks, classification by degree of importance

action plan whenever weaknesses are identified and to reduce operational risks

To check:

Organization: procedures, committees, etc

Methodology: self-assessment, control plan, reporting

To issue warnings related to any weaknesses in internal control systems in the platforms

To control and monitor, with the support of the Platform Head, the actual up-date and accuracy of:

Data relating to the platform to be reported into OLIMPIA

Documents recorded in OLIMPIA : loss reporting and incident reporting.

Mapping in relation with HO guidelines

Response to internal and external audits; follow-up of recommendations

To participate to the Internal Control Committee held by RPC ORM:

To provide inputs for the meetings and work in close co-ordination with RPC ORM on some specific topics

Monitoring implementation of the committee decisions in terms of OPC activities

Reporting tasks

Draft and update the reference documentation describing the Platform's Internal Control

Ensure that reporting of significant events is submitted to the MD and RPC ORM and HO OPC ORM.

Prepare the documentation (incident report) related to any significant operational dysfunction with the adequate level of analysis and action plans

Monitor significant trends in operational risks, through a management report including key risk indicator (KRI) and dashboard

Set up a detailed plan and carry our periodical spot checks as defined by OPC ORM HO /Platform Heads / MD

Independent controls

Operate 2.2 controls/ spot checks in line with local/regional and HO plans