Job Description
Job Description
Title: Risk Analyst
Location: Mumbai
Note:
- Specific/ mandatory skills: Knowledge about Risk Management, particularly Controls. Well-versed with MS-excel, MS Powerpoint and MS Word. Good communication and Interpersonal skills, good stakeholder management skills
- Experience range: 7-8 years
- Open to considering fresher candidates (Yes/No): No
- Open to considering relocation/ non-local candidates (Yes/No): No
- Contract duration: 8 months
- Shift timings: 10 AM – 7 PM
- Number of days work from office: Currently, 2 days. Can change to 5 days a week.
- Preference of hiring only diversity candidates (Yes/No): No
Role Description:
The purpose of the Non-Financial Risk Management (NFRM) function is to ensure that the bank’s Non-Financial Risk (NFR) exposure is adequately managed in-line with the group wide risk appetite and NFRM framework. To achieve this the NFRM function requires:
- Risk Managers with experience, seniority and tools to assess complex risks and intervene where they lie outside the bank’s risk appetite
- A comprehensive, integrated, simple and easy to use NFR Framework with supporting technology that assists risk identification, assessment and remediation
- Strong understanding of the businesses combined with regular engagement which would allow NFRM to provide support, review and challenge in line with the 3 Lines of Defence Model
- Close coordination with all 2nd Line of Defence (LoD) Risk Type Controllers to facilitate the production of a holistic view of NFR
- Proper consideration of emerging risks, rather than just current issues
- Effective governance combined with supporting MI that facilitates decision-making
- NFRM is a matrix organization with business/region and functional specialist axes
Your key responsibilities:
This role in the NFR Mumbai Risk Centre’s QA team will be expected to effectively perform 2nd LoD responsibilities such as:
- Execute quality assurance processes to ensure NFRM consistently meet NFR quality standards set by the Bank
- Execute quality assurance processes to help functions ensure they meet NFR quality standards set by the Bank – i.e. provide data insights to Framework Adherence
- Leverage quality assurance outcomes to identify opportunities that improve operating and design efficiencies – standards; processes; tooling etc
- Execute quality assurance processes that improve the quality, value and consistency of risk management focus
Your skills and experience:
- A robust understanding of Non-Financial Risk Management principles and practices
- Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 LoD model
- Advanced user of MS Excel / Access database with experience of data aggregation and manipulation to produce meaningful MI
- Worked with Senior Stakeholders within a high pressure dynamic environment