Add office photos
Employer? Claim Account for FREE
DBS Bank
CompareProud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
All Filters
114 DBS Bank Jobs
Senior Associate, Specialist, Operational Risk Management
6-8 years
₹ 18.5 - 35L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Mumbai
1 vacancy
Senior Associate, Specialist, Operational Risk Management
DBS Bank
posted 14d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
To assist the Head, RMG - Operational Risk (India) in driving an effective and efficient operational risk programme across the Business & Support Units of DBS Bank, India.
Key Accountabilities:-
- Facilitate the implementation and ongoing monitoring of adherence to the DBS Group Operational Risk Management (ORM) Framework within the Business / Support units (BU/SU) that enables identification, assessment, mitigation, measurement, monitoring and reporting of key operational risks
- Maintain key relationships with UORMs of the BU/SU and raise potential operational risk and control issues to RMG and line management of BU/SU.
- Contribute to department initiatives to improve the management of operational risk using Data Analytics.
- Ensure Satisfactory Ratings in Audit reviews and compliance to regulatory requirements.
Job Duties & responsibilities :-
- Provide advice, guidance and training to the Business / Support units (BU/SU) on operational risk matters including risk management processes, where applicable, for adoption by the units
- Engage with relevant business/support units UORM, facilitating the use of relevant operational risk tools and methodologies, including Risk Event Reporting, Control Self Assessment (CSA), Key Risk Indicators (KRI), etc to enable the units to identify, assess and mitigate key operational risks
- Liaise with relevant business/support units partners in the various control and support functions e.g. Credit, Compliance, Legal, etc in addressing operational risk issues arising in the end-to-end processes
- Manage and maintain the ORMS system that enables regular risk reporting and analysis and liaise with internal support parties (eg ORMS support)
- Conduct reviews on operational risk metrics (Risk Events, CSA, KRI, etc) as appropriate, including the responses and action plans and assessing the effectiveness of these as adequate mitigants to the risks identified.
Requirements
At least 6-8 years of experience in Operational Risk Management /Audit in a financial institution with large Branch Network.
Knowledge of OR in Digital Products will be an added advantage.
CA / MBA preferred
Core Competencies :-
- Good communication and inter-personal skills, with ability to work with people at different levels
- Strong Analytical skills.
Technical Competencies :-
- General knowledge of banking products/services, activities and operations in commercial, consumer and branch banking
- Analytical and able to identify potential operational risk exposures in business activities and assess the appropriateness and adequacy of mitigating controls
- Should have Consumer Banking esp Branch Banking experience in an organization with large branch set-up
- Experience on Digital products, Ecosystem partnership will be an added advantage.
Work Relationship:-
- Ability to work with business/support units in the rollout of various operational risk management processes
- Must be a team player with ability to work professionally with team members and workgroups formed with other business/support units.
Employment Type: Full Time, Permanent
Read full job descriptionDBS Bank Interview Questions & Tips
Prepare for DBS Bank Senior Associate roles with real interview advice
What people at DBS Bank are saying
Rating based on 93 Senior Associate
reviews
Anonymous · Engineering - Software & QA
in Hyderabad / Secunderabad
Likes
Dbs culture enables learning and career development . Good for freshers and even experienced people.
- Salary - Good+5 more
Dislikes
Highly location centric and only particular communities people all over the bank and need more diversification.
Senior Associate salary at DBS Bank
reported by
828
employees
with 4-15
years exp.
₹13
L/yr - ₹41.5
L/yr
180%
more
than the average Senior Associate Salary in India
View more details
What DBS Bank employees are saying about work life
based on 1.8k employees
Flexible timing
Monday to Friday
No travel
Day Shift
DBS Bank Benefits
View more benefits
Compare DBS Bank with
HDFC Bank
Compare
ICICI Bank
Compare
Axis Bank
Compare
Kotak Mahindra Bank
Compare
State Bank of India
Compare
IndusInd Bank
Compare
Yes Bank
Compare
Federal Bank
Compare
RBL Bank
Compare
IDFC FIRST Bank
Compare
AU Small Finance Bank
Compare
Jana Small Finance Bank
Compare
Equitas Small Finance Bank
Compare
Ujjivan Small Finance Bank
Compare
Standard Chartered
Compare
Deutsche Bank
Compare
Barclays
Compare
Bank of America
Compare
NatWest Group
Compare
IDBI Bank
Compare
Similar Jobs for you
DBS Bank Mumbai Office Location
Mumbai Office
Headquarter
DBS Bank India, Near Bank of India, Opp. Khadi Bhawan, Fort House, 3rd Floor, 221, Dr. D.N. Road, Borabazar Precinct, Church Gate, Fort
Mumbai
Maharashtra 400001
Maharashtra 400001
Officer, Specialist, Operations, Gen Ops-Consumer Banking Group
2-3 Yrs
Chennai
Share an Interview