Add office photos
DBS Bank
CompareProud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
All Filters
16 DBS Bank Senior Associate Jobs
Senior Associate, Specialist, Operational Risk Management
6-8 years
₹ 18.5 - 35L/yr (AmbitionBox estimate)
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
- 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.
- 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.
- Good communication and inter-personal skills, with ability to work with people at different levels
- Strong Analytical skills.
- 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.
- 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 Senior Associate at DBS Bank are saying
Rating based on 93 Senior Associate
reviews
Anonymous · Engineering - Software & QA
in Hyderabad / Secunderabad
Dbs culture enables learning and career development . Good for freshers and even experienced people.
- Salary - Good+5 more
Highly location centric and only particular communities people all over the bank and need more diversification.
Senior Associate salary at DBS Bank
What DBS Bank employees are saying about work life
DBS Bank Benefits
View more benefits
Compare DBS Bank with
HDFC Bank
ICICI Bank
Axis Bank
Kotak Mahindra Bank
State Bank of India
IndusInd Bank
Yes Bank
Federal Bank
RBL Bank
IDFC FIRST Bank
AU Small Finance Bank
Jana Small Finance Bank
Equitas Small Finance Bank
Ujjivan Small Finance Bank
Standard Chartered
Deutsche Bank
Barclays
Bank of America
NatWest Group
IDBI Bank
Similar Jobs for you
DBS Bank Mumbai Office Location
Maharashtra 400001
Senior Associate, Specialist, Learning & Development, Human Resources
5-9 Yrs
Chennai
Senior Associate, Specialist, Consumer Banking Group Audit, Audit
4-8 Yrs
Mumbai
Associate/Senior Associate, SRE Ops, Consumer Banking Group Technology
5-8 Yrs
Hyderabad / Secunderabad
Senior Associate, Bancassurance Specialist, Consumer Banking Group
8-10 Yrs
Ahmedabad
