GrpMgr, Corp Opl Risk

Job Description

Manages a regional team of professional staff responsible for the ongoing independent oversight of first line day-to-day operational risk management activities, including the first lines identification, assessment, monitoring, risk exposure remediation and reporting of the business risk exposure for an assigned standard business line facing a low level of risk. Contributes to the oversight of, consultation on and challenge of first line risk management practices. Manages the business lines adherence to the Corporate Operational Risk Management Framework. Contributes to the establishment of an enterprise-wide Corporate Operational Risk Management framework that consists of the Risk Control Self-Assessment (RSCA) approach, Key Risk Indicators (KRI) identification and reporting, Corporate Operational Risk Event notification and reporting, High level Assessments (HLAs), Scenario Analysis and operational risk policies,, ensures policies are in compliance with regional regulations. Contributes to the application of and adherence to the operational risk framework, policies, processes, measures and limits. Monitors compliance and assigns routine monitoring responsibilities to professional staff. Develops routine reports on business unit compliance as required and delivers these to more senior Corporate Operational Risk managers for review. Oversees the business maintenance of effective RSCAs, KRIs, HLAs, Corporate Operational Risk Event notifications and reporting and scenario analyses (SA)consistent with the Corporate Operational Risk Management framework and provides challenge, as needed. Negotiates to help ensure the business implementation of effective controls to address identified risks and ensure the establishment of effective mitigation processes and chains of ownership. Consults on standards for control assessments,, advises on schedules for the reassessment of the control methodology. Escalates serious instances of risk management resistance to senior Corporate Operational Risk managers. Manages an operational risk management team that actively collaborates with all business CROs to manage and mitigate areas of operational risk that might arise from inadequate or failed internal processes, people and systems, or external events. Directs the teams completion of scenario analyses using qualitative and quantitative guidelines. Contributes to efforts to develop a strong operational risk culture. Builds relationships with roles in Risk Management, Compliance and Audit as well as roles in the assigned business lines to drive the timely completion of operational risk related deliverables, issue resolution and operational loss estimation and remediation. Directs the teams production of solutions and escalates issues to more senior Corporate Operational Risk managers and business unit leadership when risk exposure is deemed to be increasing. Recruits, directs, motivates and develops professional staff, maximizing their individual contribution, their professional growth and their ability to function effectively with their colleagues as a team. Provides feedback at the most critical times. May assist with the identification and development of talent to ensure appropriate succession planning. Manages a regional team of professional staff. Responsible for achievement of team goals. Ensures team is equipped to operationalize and attain regional objectives. Manages financial resources of the team (budgets, expenses, etc.). Modified based upon local regulations/requirements. Bachelor s degree or the equivalent combination of education and experience is required. 10-12 years of total work experience, with 1-3 years of management experience, preferred. QualificationsGraduationBNY Mellon is an Equal Employment Opportunity Employer.Our ambition is to build the best global team one that is representative and inclusive of the diverse talent, clients and communities we work with and serve and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.Primary Location: India-Maharashtra-PuneJob: RiskInternal Jobcode: 85191Organization: Risk-HR06016Requisition Number: 2105632,

Keyskills :
risk management frameworkoperational risk managementequal employment opportunityenvironmental impact assessmentrisk controlrisk managementoperational riskissue resolutionstatements of work sow