Assistant Vice President - Risk Management

Key Responsibilities: 
•    Assist Ops Risk Head in developing, implementing and reviewing operational risk framework and policies. 
•    Assess operational risk management using tools such as RCSAs, KRIs, incident reporting, etc. Assessment of operational risk at the businesses and the overall bank level.
•    Review of new and existing products notes and process notes to identify operational risks.
•    Monitor insurance claims for operational losses for timely settlement and effectiveness. 
•    Assess capital adequacy framework for Operational Risk as per regulatory guidelines and implement Basel initiatives pertaining to operational risk. 
•    Maintenance of loss database and external loss events database.
•    Maintain operational risk data for various assessments including regulatory reporting. 
•    Timely and accurate submissions of all regulatory reports, board and risk committee notes.  
•    Review business continuity and disaster recovery plans of various business/operating units.
•    Provide the data for risk based supervision (RBS) for Operational Risk and ensure accuracy of data.