Specialist-Operational Risk

Ujjivan Small Finance Bank; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Ujjivan Small Finance Bank in Bengaluru is seeking a Specialist-Operational Risk to manage internal processes, track loss incidents, and identify control gaps. The role supports the risk and control matrix and RCSA for departments, ensuring risk events are logged and mitigations tracked across branches.

You will maintain risk trackers, ensure timely escalations to the corporate office, and help improve KRIs to meet thresholds.

Qualifications

• Experience in Risk management, operations and compliance in banking.
• Knowledge of RBI policies relevant to retail banking.
• Familiarity with risk controls and loss reporting.

Responsibilities

• Record loss incidents and identify control gaps in processes.
• Implement risk and control matrices / RCSA for departments.
• Maintain trackers for the operational risk team and ensure timely escalations.
• Improve KRIs to keep them within acceptable thresholds.

Skills

Risk Management

Operations

Compliance

Retail Banking

RBI policies

Education

MBA or Graduate

Job description

POSITION DESCRIPTION JOB TITLE- Specialist-Operational Risk

TYPE OF POSITION -Full-tim

Specialist-Operational Risk - Job Description Internal Process Reports loss incidents for

identification of control gaps Responsible for implementing risk and control matrix / Supports for completion of RCSA for departments. Maintain various tracker pertaining to Ops risk team. Ensure all the escalations, reporting to the corporate office and ORM elements are done in a mely manner. Implements approach to improve KRI(s) so as to bring them within acceptable threshold. Reports loss incidents for identification of control gaps Responsible for implementing risk and control matrix / register for various processes in Ujjivan's SFB. Updates Operational Risk checklist on which the branches are assessed when visited across regions by Operational Risk team.

MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS Educational Qualifications MBA or Graduate Experience At least 2-4 years of experience in Retail Banking, should have experience in both Assets and Liabilities business with at least 1+ years of hands-on experience in any of the vertical viz., Risk, Audit, Compliance or Operations. Certifications in Risk management (Preferably) Functional Skills Sound knowledge of Risk Management principles & the evolving process for the management of Operational Risk Knowledge of micro finance and functioning of Retail Bank branches; cash management, branch operations, retail Forex, payments and clearing, businesses like deposits, term deposits, gold loans, lockers, overdrafts, etc. Knowledge of RBI polices and guidelines relevant to SFB