CA, 4-8 yrs, Chief Manager/Sr Manager Operational Risk

Job ID : 1951

About Company

Celebrating and embarking on the Super 30 years of financial excellence! A Middle Layer NBFC that has empowered dreams with vehicle loans, fuelled ambitions with small business loans and made personal aspirations a reality while predominantly operating in rural and semi-urban areas of North, West, and Central India. The Company is backed by marquee private equity funds such as Norwest Venture Partners, TPG Capital, Baring India, Evolvence India and many more.

With an AUM of over Rs. 8500 crore, presently, they operate in 12 states and 1 union territory with over 490 branches and a family of more than 9,500 employees.

Experience, Expertise and Empathy - This EEE description is apt for them. Known for their customer-first and personalized approach, they are one of the most trusted NBFCs in India. The portfolio includes funding for used and new commercial vehicles, tractors, two-wheeler and business loans.

Job Description

This role is responsible to Establish and maintain an Operational Risk Management (ORM) Framework within the business/support units that enables identification, assessment, mitigation, measurement, monitoring and reporting of key operational risks.

• Initiate and develop OR policies, processes and framework according to standards for risk management.
• Review of OR Framework and related policies related to business unit
• Implement plan to prevent, eliminate/minimize and mitigate operational risks.
• Conduct root cause analysis of OR incidents and ensure effective corrective action
• Support the business to design controls to enable risk management for new products/processes
• Drive continuous improvement in the business control environment by using OR tools
• Conduct RCSA and discuss with functional heads for preventive/ corrective action
• Develop KRI and  ensure review/monitoring of KRIs and preventive/ corrective action is taken by concerned stakeholders for bringing parameters within defined thresholds
• Conducting ORMC, documenting minutes and timely closure of ATRs.
• Review of revised SOPs and oversee effective design of controls for all revised/changed processes
• Publishing KRI Dashboard and OR Event Dashboard to Functional Heads on a periodical basis.
• Ensure constitution of appropriate operational risk committees with approved terms of reference including quorum, recording minutes, follow up for closure of identified actionable

Skillset Required:

• Ability to coordinate with business/operation manager on Risk & Control requirements
• A good team player attitude with excellent ability to coordinate with other stakeholder
• Ability to manage strict deadlines with highest quality of delivery and analysis
• Good written and oral communication skills to handle and drive the interaction with stake holders and peers in an effective manner.

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