Vacancy for CA in DBS

Senior Manager / AVP - RMG Operational Risk Job Ref: Post Date: 22 Aug 13

Position Title :  Senior Manager / AVP - RMG Operational Risk Department :  Risk Management Group Rank : Senior Associate / AVP Section : Operational Risk Reports To :  Head, RMG - Operational Risk (India) Job Purpose 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 1.       Facilitate the implementation and ongoing monitoring of adherence to the DBS Group Operational Risk Management (ORM) Framework across the Business/Support units (BU/SU), that enables identification, assessment, mitigation, measurement, monitoring and reporting of key operational risks. 2.       Monitor the effectiveness of ORM at the Business/Support units. 3.       Maintain key relationships with Unit Heads and UORMs of the BU/SU and raise potential operational risk and control issues to RMG and line management of BU/SU. 4.       Contribute to department initiatives to improve the management of operational risk, including assisting to implement best practices. 5.       Keep abreast of own professional development to enhance own skills and competence. Job Duties & responsibilities 1.       Provide advice, guidance and training to the Business/Support units (BU/SU) on operational risk matters including risk management processes, driving operational risk initiatives, etc for adoption by the units. 2.       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. 3.       Facilitate the new product/service and outsourcing review process, including review of proposals from Business/Support Units, providing inputs to mitigate operational risks. 4.       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. 5.       Manage and maintain the ORMS system that enables regular risk reporting and analysis and liaise with internal support parties (eg ORMS support). 6.       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. 7.       Identify and alert senior/unit management of systemic operational risk issues/emerging trends across businesses, whilst ensuring that there are appropriate preventive/detective controls in place. Required Experience Atleast 6 years of experience in financial institutions, with exposure to risk and control areas including audit, with atleast 3 years of prior experience in Operational Risk Management (ORM) and familiarity with ORM concepts, policies, tools, MIS and reporting. Education / Preferred Qualifications 1.       University graduate, with major study in finance, business administration, accountancy or economics. 2.       Post-graduate – CA / MBA preferred Core Competencies 1.       Good presentation and inter-personal skills, with ability to work with people at different levels 2.       Excellent written and oral communication skills 3.       Good project management skills Technical Competencies 1.       General knowledge of banking products/services, activities and operations in commercial and consumer banking 2.       Analytical and able to identify potential operational risk exposures in business activities, and assess the appropriateness and adequacy of mitigating controls Work Relationship 1.       Ability to work with business/support units in the rollout of various operational risk management processes 2.       Must be a team player with ability to work professionally with team members and workgroups formed with other business/support units 3.       Keen to share & expand knowledge and experience with business / support teams.

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.

Education Level Bachelor Degree Job Function Operations & Processing Job Location India - Mumbai Job Type Full Time , PermanentClick here to apply