Senior Associate – Operational Risk

This is a fully remote position, open to applicants in India.

📋 Description

• Review, oversee, and critically assess risk registers and Risk & Control Self-Assessments.

• Track and report significant risk exposures and emerging risks utilizing risk indicators and control evaluations.

• Assist with Risk Acceptance Requests, including evaluations, approvals, action plans, and finalizations.

• Perform regular reviews of risk registers to ensure quality, completeness, and accuracy.

• Support risk assessments, gap analyses, thematic reviews, and control testing initiatives.

• Manage operational risk projects and related initiatives.

• Analyze operational risk metrics and reports, providing independent insights and challenging decisions related to risk.

• Review and monitor operational risk events, including their classification, loss reporting, root-cause analysis, and action plans.

• Review and challenge Key Risk Indicators.

• Prepare and present risk reports, dashboards, and committee reports for management and governance forums.

• Provide risk advisory support to business units and key stakeholders.

• Collaborate with business units, compliance, and audit teams to enhance the risk and control environment.

• Encourage proactive risk management practices through employee education and engagement.

• Stay informed about industry trends, regulatory requirements, and best practices in operational risk.

⛳️ Requirements

• Bachelor’s degree in Finance, Business Administration, or a related discipline.

• At least 5 years of experience in operational risk management or a comparable field.

• Strong understanding of risk management frameworks, methodologies, and best practices.

• Exceptional analytical and critical thinking abilities, with a knack for identifying and evaluating risks.

• Proficient in risk assessment tools and techniques, including risk registers and control frameworks.

• Experience working collaboratively with diverse teams and stakeholders to advance risk management initiatives.

• Strong communication and presentation skills, capable of conveying complex risk information with clarity.

• Ability to operate independently and manage multiple responsibilities in a dynamic environment.

• Keen attention to detail and a commitment to upholding the highest standards of risk management.

• Willingness to stay abreast of industry trends and regulatory changes.

• Familiarity with banking industry regulations and risk management requirements.

• Advanced proficiency in Microsoft Excel, Word, PowerPoint, Visio, and Project.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health benefits, including medical, dental, and vision coverage.

• Opportunities for professional development and career advancement.

• Flexible work arrangements to promote work-life balance.

• Supportive and inclusive company culture.