Senior Associate - WB Reconciliation, Screening & Ops Risk

Idfc First Bank Limited; Navi Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Idfc First Bank Limited invites applications for a Senior Associate role in WB Reconciliation, Screening & Ops Risk within Wholesale Banking Operations. The position centers on operational risk activities across WB Operations units, driving governance and risk controls.

The role entails reviewing processes, performing control testing, ensuring dashboards are generated and monitored, and ensuring adherence to regulatory guidelines and internal policies in a fast-paced environment.

Qualifications

• 3 to 5 years experience in Operational Risk / Audit.
• Graduation in B.Com / B.Sc / BA / BBI / BMS or postgraduate equivalents.
• Experience in Wholesale Banking Operations or risk/control functions is a plus.

Responsibilities

• Review SOPs, processes, risk registers, KRIs and RCAs across WB Operations and monitoring.
• Perform control testing across teams in WBO and report results to senior management.
• Ensure relevant dashboards are generated, disseminated and followed up.
• Adhere to regulatory guidelines of office accounts, internal GL policy and oversee control implementations.
• Review policy guidelines from an operations perspective.
• Demonstrate ability to implement projects within challenging timelines.

Skills

Operational risk

Audit

Control testing

SOP review

KRI & RCSA

Dashboards

Regulatory guidelines

Policy review

Project management

Education

Bachelor of Commerce (B.com)

Bachelor of Science (B.Sc)

Bachelor of Arts (BA)

Bachelor of Business & Insurance (BBI)

Bachelor of Management Studies (BMS)

MBA

Master of Commerce (M.com)

Master of Arts (MA)

Job description

Job Requirements

Role/ Job Title: Senior Associate -WB Reconciliation, Screening & Ops Risk

Function/ Department: Wholesale Banking Operations

Job Purpose 'Responsible for Operational risk related activities for WB Operations units

Roles & Responsibilities:

Primary Responsibilities

• 'To review SOP, Processes, Risk Registers, KRI & RCSA across WBO & monitoring.


• To perform control testing across teams in WBO and share results to Senior Management.


• To ensure relevant dashboards are generated, disseminated and followed-up appropriately.


• To ensure adherence to regulatory guidelines of office accounts, internal GL policy & responsible for control implementations


• To review of policy guidelines from Operation perspective


• To demonstrate a capability to successfully implement projects in challenging timeline.

Secondary Responsibilities

• 'To work with Senior Management/other departments as required projects requiring coordination across departments

Managerial & Leadership Responsibilities

• 'To engage with Internal and external stakeholders and ensure all issues/concerns are addressed for/of the teams involved

Educational Qualification:

Graduation: Bachelor of Commerce (B.com) / Bachelor of Science (B.Sc) / Bachelor of Arts (BA) / Bachelor of Business & Insurance (BBI) / Bachelor of Management Studies (BMS)

Post-Graduation: Master of Business Administration (MBA) / Master of Commerce (M.com) / Master of Arts (MA)

Experience: 3 to 5 years experience in Operational Risk / Audit