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Associate ORRC Independent Risk Monitoring

2.00 to 5.00 Years   Mumbai City   05 Mar, 2020
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaRisk / Underwriting
EmploymentTypeFull-time

Job Description

The individual will be responsible for the monitoring of aged fails and illogical positions / balances and the integration of these exceptions into the monthly Independent Monitoring packs which are actively reviewed by Ops and Finance senior management, as well as working with various individuals across Operations to examine both new and established processes, assess risk, and to develop control mechanisms to mitigate the risk associated with these processes. The candidate should expect to build an intricate knowledge of firm systems, data sources and the processes that create/maintain reportsnMonitoring and escalation of various exceptions to highlight and mitigate risknAnalysis of global exception reports, identifying and highlighting trendsnGathering of commentary from various business areas, and collation of this commentary for submission to Senior ManagementnWorking to tight deadlines on a daily, weekly and monthly basisnBuilding a detailed understanding of each exception type, allowing complex queries to be answered and commentary to be questioned and challengednAcquiring an intricate knowledge of firm systems, data sources and processes, building the ability to question data integrityn Working with business areas and their Risk Managers to assess the integrity of any exclusionsnClose communication within the global team and across ORC globallynCommunication with other business areas, and with varying levels of firm managementnIdentification and implementation of process improvementsnProviding support to other members of the team, both locally and globally., Strong academic backgroundnProficient in Excel (e.g. formulas, pivot tables) and other windows-based software (e.g. Word, Power Point)Highly motivated self-starter with multi-tasking abilitiesStrong organizational and time management skills, with the ability to prioritise workload as necessaryTeam-player, with the ability to also work independentlynAbility to establish strong relationships with key stakeholders in functional areasn Exhibit a strong sense of urgency, accountability and ownershipnRisk awareness ability to recognize potential risk issuesnstrong analytical skillsnExcellent verbal and written communication abilitiesn Ability to work under high work pressuren Innovative and creative challenges the existing processesnFocus on guardianship, ensuring that issues are identified, escalated, resolved and reported on a timely basisnStrong attention to detailnTechnical and Professional Knowledge Diversified financial markets and product knowledgen- A strong interest in and enthusiasm for building a career in Financial Servicesn- Customer care skillsnnOther Required Skills:nn- Excellent communication skillsn- Flexibility and adaptabilityn- Initiativen- Attention to detailn- Accuracyn- Team workingn- Self-motivatedn- Prioritization and time managementn- Client Relationship Management

Keyskills :
client relationship managementcustomer care time managementsenior management management skillsfinancial markets client relationsh

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