Chief Manager|Sr| Manager|Operational Risk ll NBFC ll

Chief Manager/Sr. Manager-Operational Risk Roles and responsibilities 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. Doing control testing and maintenance of risk registers. Identifying and working on areas of cost reduction and process improvement . Identification and measurement of operational losses and reporting to management. 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. Design , development and 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 Salary-15-20 LPA Experience 7-10 Years Vertical- Vehicle Industry-NBFC/BFSI Designation-Sr. Manager/Chief Manager Location-Jaipur Qualification -CA .