Wealth Management Risk & Control Executive Director

Job Description

The Operational Control & Governance team is responsible for monitoring and governing all functions within Asset & Wealth Management Operations in India & Philippines corporate center to ensure adequate controls exist within the functions and provide oversight to the functions working closely with the functional operations leaders, other control officers and other lines of defense.Description of Role:AWM Operational Control & Governance team seeks an Executive Director to lead the controls function providing leadership excellence and ensuring operational practices are in compliance with relevant risk standards, policies and regulations in order to maintain an effective control environment and to help support the management and oversight of various risk and control-related projects.Key Roles and Responsibilities:

• Monitoring LOB compliance with Operational Risk Management Framework and internal oversight including firm wide operational risk policies and procedures
• Understanding the end-to-end process and control environment for the Asset & Wealth Management operations and Identify gaps in the process and control environment

• Proactively analyzes potential operational risks within the business

• Review and credible challenge business unit s documented operational risk processes and procedures

• Promote risk and control awareness within the AWM operations and serve as subject matter expert on organization-wide risk and control policies and procedures

• Partner with various internal groups throughout Asset & Wealth Management as necessary

• Partner with operations and technology to automate risk and control activities

• Recommend changes to improve management of risk, effectiveness of controls and their efficient execution

• Provide input into strategic programs to ensure effective design and execution

• Provide management metrics and reports on findings

• Support initiatives related to foundation controls and to business resiliency on a needs-basis

• Leadership - Leads by example and is an effective role model (e.g. takes the lead and actions reflect an appropriate level of independence; demonstrates the ability to initiate and effect change and continuous improvement, contributes significantly to the on-going development of people.

• Thinking Strategically - Be able to drive positive changes, promote ownership and demonstrate My business Mentality .
• Manages Relationships through inclusivity and is able to actively manage stake holders and demonstrate collaborative team work.

• Communication - Is organized, clear and confident in written and oral communications. Actively engages in discussions offering expertise, opinions, advice and is able to communicate incisively at all levels.
• People management: Manages his teams through active engagement and develops key talent. Must be able to flex his/ her style to get the best out of the people
• Teamwork - Creates and/or contributes to an environment of collaboration and mutual responsibility (e.g. effectively influences others to gain cooperation and address issues; initiates and is responsive to requests from other products, regions, etc.)
• Should be creative and innovative; challenges status quo; generates strategic advice/product/client solutions
• Have a track record of formulating innovative ideas and gaining buy-in from senior management in addition to a track record of execution/delivery/process improvement/leadership in a challenging environment
• Change Management : Drive change across process/teams
• 16+ years experience associated with Asset & Wealth Management business is preferred
• Working knowledge of banking operations, financial services laws and regulatory environment preferred
• Continuous improvement and change management mindset, questioning conventional ways of managing the business and driving change to improve processes
• Proven ability to anticipate and identify risks and effective mitigates
• Adept at developing relationships with senior business executives with a reputation for partnering across organization lines to mitigate risks
• Ability to adapt to changing business priorities; flexibility is key
• Excellent communication skills, both verbal and written
• Strong project management and critical thinking ability

Keyskills :
financialservicesbankingoperationsadministrationflexmoneymarketriskmanagementmsofficesalesoperationscustomerservicefixedincometgages