Operational Risk Manager - CA - Mumbai - Kotak
- Kotak Life Insurance
- 3 - 8 years
- Mumbai
- 1 month ago
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Job Description
OBJECTIVE OF THE ROLE
To implement and enforce an appropriate framework for identification, assessment, measurement, monitoring and reporting of operational risks
KEY RESPONSIBILITIES
- To ensure that a sound Risk Management Framework is established and promulgated in the Company including competition benchmarking
- Working in collaboration with functional units in ensuring key risks are identified, assessed, measured, monitored and reported
- Review of Risk & Control Self-Assessment Framework (RCSA) across organization, report the issues identified, track the action plan to ensure mitigation within timelines agreed
- Control Testing / Thematic Review using an audit based methodology, to assess the effectiveness of the process design and the control environment
- Incident Reporting along with Root Cause Analysis and closure for incidents reported
- Operational risk event loss capturing, analysis and reporting
- Prepare and present Heat map for risk areas and operational risk dashboards to senior management
- Deliver Ad-Hoc Risk management projects as per defined timelines
- Ensure timely reporting to Risk Management Committee and preparation of RMC deck
- Monthly Governance with all stakeholders on Open risk points and action plan
- To eliminate / minimise data leakage by deployment of relevant security tools
- Overall responsible for Business Continuity Management (BCM) design and implementation across the organisation
- Conduct training programs with relevant stakeholders on various Risk Management processes
- Contribute towards creating Risk Awareness and Risk Management culture in the organization
REQUIRED QUALIFICATION AND SKILLS
Educational Qualifications:
Post Graduate with relevant professional qualifications (e.g. CA / CIA / FRM / IRM / MBA/PGDM)
Work Experience:
3 5 years of relevant experience (SM / CM Level)
5 7 years of relevant experience (AVP Level)
Candidates with min. 2+ years of hands-on experience in managing Operational Risk profile and cross functional stakeholders preferably in Life Insurance Company
Please share your resume to kl***************h@ko**k.com or Call on 8557016***.
Job Classification
Industry: InsuranceFunctional Area: Insurance
Role Category: Risk Management & Compliance - Other
Role: Risk Management & Compliance - Other
Employement Type: Full time
Contact Details:
Company: Kotak Life InsuranceLocation(s): Mumbai
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