Senior Operational Risk Analyst & Operational Risk Manager recruitment

Sr. Operational Risk Analyst
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*To assist and undertake periodic self-assessment of key controls to assess their completeness and adequacy.
*Assist in coordinating, facilitating and promoting the understanding of operational risk within the Business Unit.
*To work closely and proactively with all areas of the Business Unit to ensure operational risk management is part of their culture.
*Identify operational risk issues and loss events and report them on a timely basis.
*Degree holder in Financial, business or other related undergraduate degree
*2 to 3 years banking experience in Operations.
*Have a good understanding of industry standard processes within Operations such as settlement, confirmations and reconciliation.
*Experience of working with Derivatives products is essential and exposure to FX and FI would be a plus.

Key Roles Responsibilities

*To assist the Operational Risk Manager in developing and updating procedures, controls and monitoring plans for Operational Risk Management.
*To assist the Operational Risk Manager in the implementation of relevant risk policies and tools in accordance with Group policies and standards.
*To undertake periodic process controls based reviews to ensure key operational risks are identified and effective mitigation plans are put in place.
*Identify and report all exceptions on non-compliance with standard controls.
*Identify and report all weaknesses inherent in the standard controls.
*Track operational risk issues and liaise with Business Unit heads to follow up on outstanding actions.
*Assist in the Implementation of best practice operational risk strategies, policies and procedures.
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~Operational Risk Manager~

Key Roles Responsibilities

*To be the source of reference in facilitating and promoting the understanding of OR and compliance requirements.
*Lead and support implementation of OR initiatives.
*Proactively communicate with the department heads and OR managers on operational risk issues. Escalate significant events to as appropriate.
*Coordinate, consolidate and analyse operational risk reporting, ensuring data accuracy and completeness.
*Design and implement control measures and monitoring plans for compliance and operational risk management. Ensure effectiveness of controls for compliance monitoring and risk management.
*Undertake and/or coordinate periodic business monitoring (self-assessment) activities within the countries and escalate findings and or breaches when they occur.
*Ensure risks and issues identified are resolved in an appropriate and timely manner.
*Assist in the implementation of OR framework or other relevant OR initiatives.
*Identify gaps and arrange training on compliance and OR for staff.
*Perform ops risk review using the agreed methodology.
*Coordinate risk specific development projects.
*Identify potential areas of automation and oversee implementation
*Improve the quality and scope of risk reporting.

Qualifications Skills

*Degree holder in Financial, business or other related undergraduate degree
*Have a good understanding of industry standard processes within Operations such as settlement, confirmations and reconciliation.
*Experience of working within a multi-product environment is preferred.
*Experience in Operational Risk Management or Operations Middle Management is essential.

If the above mentioned opportunity is of your interest then kindly mail us the word document of your CV to jasprit.manocha@empiric.com

Empiric Solutions were established in 2005 and are one of the foremost providers of niche and specialist recruitment services within IT, Finance and Industry and Commerce globally. In December 2010, we became a Virgin Fast Track 100 company for the second consecutive year (3rd Fastest Growing company 2009).