Operational Risk Manager – Trade & Forex NovoTree Minds Consulting

The Corporate Institute; Mumbai; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

The Corporate Institute is seeking a skilled professional for an Operational Risk role focusing on KRI management and loss data analysis in trade and forex. You will contribute to ORM policy adherence, review documentation, and perform incident analysis to implement preventive controls.

Strong English and local-language communication are essential. MBA in Finance is required, with relevant experience in trade and forex risk.

Qualifications

• MBA in Finance from a recognized institute.
• Experience with Trade and Forex risk management preferred.
• Strong communication skills in English and local language.

Responsibilities

• KRI management and analysis of loss data for trade products and operations.
• Responsible for risk control self-assessment of units under trade products and operations.
• Review of trade products and processes documentation to identify risk and mitigants.
• Undertake root cause analysis for incidents and suggest preventive controls.
• Perform scenario analysis for various trade operations.

Skills

Operational Risk

KRI Management

Root Cause Analysis

Scenario Analysis

Trade & Forex risk

Communication skills

Education

MBA (Finance)

Job description

About the Role:

The Operational risk team ensures that the operational risk exposure of the bank is in compliance with the overall risk appetite and philosophy of the Bank as defined by the Board of Directors. The team also ensures compliance to the Operational Risk Management (ORM) policy and processes defined by the bank.

Key Responsibilities:

• KRI Management and analysis of Loss Data for Trade products and operations.
• Responsible for Risk Control Self-Assessment of various units under trade products and operations.
• Review of trade products & processes documentation and identifying potential risk & mitigants.
• Undertake Root Cause Analysis for incidents and suggest preventive controls.
• Scenario analysis for various trade operations.

Qualifications:

• MBA (Finance) from a recognized institute.
• Years of relevant experience in Trade and Forex.

Role Proficiencies:

• Thorough Understanding about AMA and Operational Risk.
• Good communication (both verbal and written) skill in both English and the local language.
• Ability to handle pressure and meet deadlines.