Job Description

Redefine your Global Talent Reach!

  • Home
  • Job Description

Posted on : 2022-07-07 AVP - Operational Risk (Non Tech) For An MNC Banks Captive Unit. Loc: HYD Location : Hyderabad
Last Date to Apply 2022-08-07
Job Description

About the Role:

Lead Operational Risk Officer is an Individual Contributor role responsible for providing support to enterprise-wide oversight and governance of complex business group or manages integrated enterprise-wide operational risk program(s) / initiative(s). Proactively identifies potential business operational risks. Develops and drives innovative operational risk approaches and solutions across the enterprise through an influence model.

Key Responsibilities:

  • Use subject matter expertise and business domain knowledge to provide independent oversight and credible challenge to front line operational risk management activities

  • Support routine engagement requirements for/with the Control Executive teams, Function Heads and Independent Risk leaders to promote a strong operational risk culture

  • Support key front line governance routines inclusive of Risk & Control committees and business reviews

  • Oversee and challenge the front line across all operational risk routines including – plan, identify and assess, control and mitigate, test and validate, monitor and report

  • Perform independent risk assessment of the front line, inclusive of emerging risks

  • Review and challenge of front line risk acceptances and new business initiatives

  • Identify and escalate to senior leadership conflicts with risk management results and expected business outcomes

  • Evaluate cross-program and cross-group analytics to identify opportunities and best practices to influence stronger risk management practices by the business

  • Provide consulting to business on corrective action plans and effectively managing change

  • Develop and deliver content to senior business, Independent Risk, Audit and Regulatory leaders summarizing the results of the independent risk assessment activities

  • Assist manage relationships with Business Head, Independent Risk Management, Group Control Executives, Legal, Audit and multiple Regulators

  • May lead project/ virtual teams and may mentor but does not manage other team members.

  • Engage with other region and US-based Operational Risk Business Oversight (ORBO) teams to ensure holistic oversight of the end to end business is achieved.

This role requires business engagement to drive and effect change.  The candidate should have specific business domain exposure and experience in risk management activities either as an Independent Risk Management or Front Line Controls.

 A successful candidate will have the experience and ability to:

  • Successfully review and challenge business operational risk management practices and outcomes

  • Build and sustain a strong risk culture including a balanced approach through working in cooperation and consultation with all lines of defense across the enterprise

  • Leverage their experience to bring industry leading standards, practices and tools to the organization

Essential Qualifications:

  • University degree in Business or related discipline.

  • 12+ years of overall experience; 5+ years of experience in risk management or front line controls function

  • Advanced Microsoft Office skills

  • Excellent verbal, written, and interpersonal communication skills

  • Strong analytical skills with high attention to detail and accuracy 

  • Ability to articulate complex concepts in a clear manner

Other Desired Qualifications:


  • Meaningful knowledge across Enterprise Risk Management framework, including: risk identification, risk appetite and strategy, risk-related decisions, processes and controls, risk analytics and governance

  • Deep technical understanding of specific business operations processes, products and customer interactions and where they manifest risk (e.g. Corporate & Investment Banking/ Commercial Banking/ Consumer Lending/ Consumer & Small Business Banking/ Wealth & Investment Management/Enterprise Functions)

  • Strong interpersonal, influencing, and communications skills with an ability to interact effectively with stakeholders at all levels, experience and the ability to effectively manage and build relationships

  • Proven skills to drive alignment across stakeholder groups to develop and deliver repeatable end to end risk management solutions

Salary Up to 40L Fixed + Bonus
Industries Type Banking
Employement Type Full Time
Experience 12
Education University degree in Business or related discipline

Looking to hire Global Leadership OR Sales Talent?

Feel free to connect with us to hire top talent globally!