Sumitomo Mitsui Banking Corporation – Assistant Vice President – Operational Risk – CFA

Sumitomo Mitsui Banking Corporation; North West Delhi; On-site; INR 20,00,000 - 30,00,000; Full time

Job summary

A leading banking institution in Delhi is seeking an AVP-Operational Risk to manage and control risks within corporate banking. The candidate must have strong skills in risk identification and analysis, along with a preferred MBA in FRM. Responsibilities include facilitating new product approvals and preparing risk management presentations. This role requires collaboration with various departments to promote a strong risk management culture.

Qualifications

• Knowledge in Corporate Banking, Capital Markets, Financial Risk, ESG, RBI Regulations, Basel Regulations.
• Experience in Risk Control / Reporting with Banks/Financial Institutions/Rating Agencies.

Responsibilities

• Manage & control Risk Appetite Frameworks (RAF), Risk Appetite Measures (RAM) & Risk Policies.
• Facilitate approval of new products through established processes.
• Prepare RMC presentation materials by liaising with relevant departments.

Skills

Risk Identification

Risk Analysis

Formulate Risk Policies/Framework/Procedures

Communication

Analyze & Decipher Risk / Financial Models

Quantitative Data Analysis

Education

MBA FRM Preferred

Tools

Certificate in Risk in Financial Services

FRM/PRM/CFA

Job description

AVP-Operational Risk (Corporate Banking)

Job Description:

Purpose of the position:

– Manage & control risks around Enterprise, Operational, ESG, New Products, In-Office Inspection & ICAAP.

Job Responsibilities:

– ERM & ORM: Manage & control Risk Appetite Frameworks (RAF), Risk Appetite Measures (RAM) & Risk Policies aligned with Business & Regulations.

– ESG: Manage & control ESG Risk Framework, Policies & Climate Risk Models aligned with Business & Regulations.

– New Product Approval: Facilitate approval of new products via established processes. Controls risks around new products.

– In-Office Inspection (IoI): Support the periodic IoI process across various branches of the bank, communicate with various functions & liaise with audit.

– Risk Management Committee (RMC): Prepare RMC presentation materials by liaising with relevant departments.

– ICAAP: Identify & analyze material risks & capital requirements under Pillar 2 of Basel III, which will enable setting of capital targets commensurate with the Bank’s risk profile and control environment.

– Risk Management Culture: Promote risk awareness & strengthen the risk management culture with the bank.

Qualifications:

– Knowledge: Corporate Banking, Capital Markets, Financial Risk, ESG, RBI Regulations, Basel Regulations.

– Skills: Risk Identification, Risk Analysis, Formulate Risk Policies/Framework/Procedures, Communication, Analyze & Decipher Risk / Financial Models, Quantitative Data Analysis.

– Experience: Risk Control / Reporting with Banks/Financial Institutions/Rating Agencies.

– Qualifications: MBA FRM Preferred.

Certifications (Mandatory to have at least one certification):

– Certificate in Risk in Financial Services.

– FRM/PRM/CFA.