Axis Bank Job

Axis Bank Jobs

About Risk:

The Risk department ensures that the Bank’s risk is managed through a risk management architecture as well as through policies and processes approved by the Board of Directors encompassing independent identification, measurement, and management of risks across the various businesses of the Bank. The Risk department of the Bank strives to proactively anticipate vulnerabilities at the transaction as well as at the portfolio level, through a quantitative or qualitative examination of the embedded risks.

About the Role:

Proactively manage the process for Identification, Measurement, Mitigation and Monitoring of Operational Risk within the Treasury and Markets, Trade Finance Business and Corporate functions of the Bank. Develop strategies,  governance framework and technology initiatives necessary to identify, evaluate, mitigate and monitor the Operational risk within the Treasury and Markets, Trade Finance Business and Corporate functions of the Bank. Develop and implement effective Operational Risk Management tools, practices and policies for management of Operational risks for Treasury and Markets, Trade Finance Business and Corporate functions of the Bank. Monitoring and timely reporting of Operational risk areas and mitigation plan for Treasury and Markets, Trade Finance and Corporate functions to the Senior Management.

AXIS BANK JOBS

Key Responsibilities

·         Collaborate with Treasury and Markets, Trade Finance and Corporate functions group to implement Bank’s Operational Risk Management Framework for proactive identification and management of operational risk in a consistent manner.

·         Conduct review Policies, processes and controls put in place to minimize risks associated with the Product and Processes relating to Treasury and Markets, Trade Finance and Corporate functions to improve the overall control environment.

·         Drive the execution of RCSA, Key Risk Indicators, Operational Risk Scorecards, Dashboards to ensure the appropriateness of Metrics/ KPI and facilitate Business reviews.

·         Conduct a review of Product and Process notes for proactive identification and mitigation of operational risks prior to the launch of Product or Process.

·         Ongoing review of Operational Risk Management Framework and Tools;  Ongoing Improvement and innovation to the Operational Risk Management Framework to bring in effectiveness and efficiency in Operational Risk Management for Treasury and Markets, Trade Finance and Corporate functions.

·         Ongoing discussion with respective Departments Heads to strengthen internal control system & improve existing processes.

·         Timely reporting and presentation to Senior Management and Board Committees.

·         Conduct Operational risk management training and awareness initiatives within the Bank.

·         Develop Key Risk Indicators, define and perform scenario analysis workshops and perform on-going Operational Risk monitoring activities for Treasury and Markets, Trade Finance and Corporate functions.

·         Analyze Operational loss trends and provide insights and remedial action addressing the root cause to improve the control environment and prevent future occurrence of Operational Losses incidents.

Qualifications:

Optimal qualification for success on the job is:

·         ACA/ MBA with at least 15 years of experience in the field of Operational Risk /Treasury & Markets,Trade Finance.

·         A minimum of 15 years experience in a major bank or in Big4 in the field of Risk ,Treasury & Markets and Trade Finance.

·         Experience in a risk function / Treasury & Markets and Trade Finance function with extensive knowledge of risks, processes, controls related to Treasury & Markets and Trade Finance functions.

·         Extensive experience in managing projects on Operational Risk and data analysis involving huge volume of transactions, model validation and Scenario Analysis

Role Proficiencies:

For the successful execution of the job, the candidate should possess the following:

·         Ability to effectively communicate with Senior Management, Executive Directors and members of the Board Committee

·         Ability to effectively communicate with the Regulator/ external stakeholders e.g. Statutory auditors, etc.

·         Experience in managing Operational Risk /Operations of Treasury and Markets, Trade Finance and Corporate functions with extensive knowledge of risks, processes, controls related to Central Functions, Treasury & Markets and Trade Finance Function

·         Technically proficient with strong analytical abilities, conversant with Risk Strategies, Treasury & Markets, Trade Finance and Corporate functions and controls, network environment and various data analysis software tools. Knowledge of Basel guidelines is a must.

Demonstrate skills in assessing risks and addressing gaps related to Treasury and Markets, Trade Finance and Corporate functions and developing & driving strategies for the achievement of the Opera

  • Role/FunctionRisk:       Operational Risk – Head
  • Department :                 Risk
  • Location :                       Axis House, 6th Floor,
  • Openings                      1
  • Experience:                   13 to 15 (Years)
  • Skills  

Technically proficient with strong analytical abilities, conversant with Risk Strategies, Treasury & Markets, Trade Finance and Corporate functions and controls, network environment and various data analysis software tools. Knowledge of Basel guidelines is a must

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