AVP - Operational Risk/Controls - BFS (7-13 yrs)

- Must have experience inRCSA + control assessment design operating effectiveness of controls, issues mgt + Audit managing report related to controls, understanding of what all risk impact business, mitigate risk, Risk and control governance1st LOD, This role is for Retail banking

Purpose of the role :

- To assess the integrity and effectiveness of the banks internal control framework to support the mitigation of risk and protection of the banks operational, financial, and reputational risk.

- Support as Business Partner and deliver on Controls activities undertaken for Retail and Business Banking that includes Risk and Control Self-Assessment (RCSA), Control Governance, Control Assurances, EUDA, Issues and Risk Events management per the group policies and standards. Evaluate policies, standards and processes to identify design and operational control weaknesses and drive remedial actions for improving the control environment.

- Providing input, challenge and risk management expertise across Product, Process, Service and Control landscape and to ensure Enterprise Risk management frameworks are implemented and managed effectively.

Business and Technical Skills:

- Experience in Operational Risk management, Control Business Partnering, and Controls Assurance in Retail and Business banking.

- Thematic & Targeted Reviews: Undertake thematic/targeted reviews requiring specialist knowledge in line with business risk profile/priorities. Establish and deliver on proactive risk management processes, including but not limited to horizon scanning, read across of external risk events and regulatory matters

- Control Governance: Support in managin control governance forums. Use SME expertise to provide controls insights to enable proactive risk management. Deliver relevant and reliable management information to stakeholders through control committee updates, monthly business review updates, principle risk reporting etc

- Process and Controls Design: Provide Control SME input to ensure complete processes appropriately designed and fit for purpose, including Business and regulatory changes. Lead implementation of Risk & Controls Self-assessment process, manage escalations related to Risk Events, Issues & EUDAs

- Incident Management: Provide SME input to incidents and post incident reviews. Perform analysis of historic events and external events and aid in driving a proactive risk management culture

- Challenge the status quo - identify opportunities for process improvements and implement control best practices across in-scope business areas

Highly motivated, business-focussed and forward-thinking.

- Support in establishing and maintaining key stakeholder relationships in driving the Controls agenda.

- Excellent relationship building, networking, and negotiation skills. Strong communication skills, both written and verbal.

- Proven problem solving skills with an ability to consider alternative and lateral solutions

- Strong project and change management skills

To be successful in this role you'll need experience in:

- Operational Risk management, Control Business Partnering, and Controls Assurance in Retail and Business banking.

- Undertaking thematic/targeted reviews requiring specialist knowledge in line with business risk profile/priorities.

- Establishing and delivering on risk management processes, including but not limited to horizon scanning, read across of external risk events and regulatory matters.

- Data analytics in Risk management.

- Organizing and leading Control governance forums.

- Leverage use of data and analytics to ensure Control Forums are insightful and conversations risk focused, while also overseeing the Controls framework.

- Providing Control SME input to ensure complete processes are appropriately designed and fit for purpose, including Business and regulatory changes.

- Leading implementation of Risk & Controls Self-assessment process.

- Managing escalations related to Risk Events, Issues & EUDAs.

- Providing SME input to incidents and post incident reviews.

- Performing analysis of historic events and external events and aid in driving a proactive risk management culture

You may also require some soft skills such as:

- Extensive experience in senior stakeholder management, ability to communicate internal control concepts clearly in a business context.

- Ability to manage reporting lines and relationships across multiple disciplines.

- Influence stakeholders to embed and drive a strong risk, control governance culture, and understand all risk management objectives and requirements.

- Evaluate complex scenarios/business cases in a logical and systematic way.

- Identifying options based on extensive research, including facts, meaningful assumptions, resources, potential risks, constraints, and organizational values, to propose a clear and considered course of action.

- Develop direct reports' skills and performance through training & monitoring their performance to ensure they meet required standards of conduct and performance and providing feedback on areas for improvement.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is based in our Noida office.