Risk Specialist, AS

Job Summary

Job Title- Risk Specialist, AS

Location- Mumbai, India

Role Description

• Risk Management is responsible for managing and controlling the risk profile of the bank.
• The profession path covers financial and non-financial risks.
• Examples of financial risks include client creditworthiness, market price fluctuations.
• Examples of non-financial risks are inadequate processes, controls, or systems.
• Risk Management roles may cover various aspects of the risk lifecycle including:
• Establishing risk governance
• Setting risk frameworks, policies, and risk appetite
• Embedding sustainable performance culture
• Identifying existing and emerging risks
• Measuring and modelling risks
• Active transaction and portfolio risk decision making
• Determining mitigants and controls
• Reporting the aggregate risk profile and escalating risk events
• Driving scenario and downside analysis
• Risk Management related roles exist in either the 1st line of defence or the 2nd line of defence as independent control functions.

Your key responsibilities

• Effective Transition management of new work
• Support Regulatory Monitoring & initiatives; Audit reviews
• Perform BISO Activities incl system access requirement, attestations
• Control and Risk MI & Monitoring function for OpCo review incl tracking & review of risk events
• Recording of Operational losses in business systems
• Performing Business Continuity Management function & adherence to min control standards
• Business Management requirements working with Regional COO Team
• Contributing on improving local controls and procedures
• Project Manage various Cost and Resource Management related activities
• Other IPB Regional priorities, as necessary.

Your skills and experience

Technical Skills:

• Experience in Accountancy or Management Consulting
• Aptitude for analytical tasks and ability to pull out the key messages
• Ability to constructively challenge senior colleagues
• Very Good Excel Working Knowledge
• Strong communication skills with excellent English, both orally and written
• Good knowledge of the financial sector

Behavioral Skills:

• Approachable and sociable, client oriented with a high focus on excellent client service
• A proven team Leader
• A structured and strategic thinker, able to act in a strategic manner with a high level of creativity
• An excellent communicator with a confident attitude facing senior management.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.