Manager - Business Operational Risk
- Idfc First Bank
- 2 - 5 years
- Mumbai
- 2 months ago
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Job Description
Role/ Job Title: Manager - Business Operational Risk & Compliance
Function/ Department: Retail Asset Business & Risk
Job Purpose:
The role entails managing operational risk and compliance for retail assets. The role will closely collaborate with the product, business, Credit, Collections, Policy and operations teams to drive effective implementation of Operational risk framework and adherence to regulatory requirements. It includes building up of processes and framing of SOPs.
Roles & Responsibilities:
- Assist all stakeholders in quarterly performance of Risk control self assessment, data submission for KRI (Key Risk indicators).
- Enhance understanding of operational risk and compliance.
- Manage operational risk events, ensuring timely completion of preventive and corrective action.
- Review of SOPs/ Policies from Operational risk and compliance perspective.
- Preparation of Business Operational risk decks.
- Tracking and closure of operational risk issues and events.
- Liaison/ Collaborate with stakeholders for closure of RBI requirements and regulatory compliances.
- Recommend process changes in order to mitigate operational risk.
- Success Metrics: Timely closure of Operational risk actionable and regulatory compliances.
Job Classification
Industry: BankingFunctional Area: Banking
Role Category: Risk Management & Compliance - Other
Role: Risk Management & Compliance - Other
Employement Type: Full time
Contact Details:
Company: Idfc First BankLocation(s): Mumbai
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About Capital First Limited: CFL is listed on BSE and NSE (Stock Code: CFL). The company provides Mortgage loans to SMEs against pledge of property, Gold Loans to retail customers, Consumer Durable Loans, Two wheeler loans, and senior secured Wholesale loans. During the last year the company expande...
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