Officer, Operations Team Lead, Global Technology and Operations at BoAML, Chennai, India
Job number: CHE03401
Responsibilities
Requirements
· Work with manager to ensure comprehensive risk monitoring and control programs are in place.
· Develop, track and report key risk & control metrics for pan-India branches
· Ensure that all Central Bank reports are prepared accurately and submitted in a timely manner
· Ensure all reconciliations ( inter branch , TX, Due from , RTGS and domestic banks) are reconcile correctly and submit in time
· Ensure all un-reconcile entries are addressed to concerned department for resolution / reporting till closure
· Ensure all cash management internal accounts , pooling and control accounts are monitor and control
· Work with Operations, Product and Operational Risk Management group specialists to review risk monitoring and control for existing products.
· Post implementation risk review of new products after implementation of first mandate to refine controls and reporting
· Work with business partners to ensure comprehensive vendor evaluation, management program and control for vendors supporting LOB products
· Work with partners to improve Operating stability
· Require to monitor risk and exposure for data management , processing , event management , Business Continuity and Risk framework
· Ensure continuous process are in place for permanent improvement in operational risk profile
· Have appropriate regulator engagement at operating levels
· Ensure adherence to all regulatory compliance matters
· Work to improve Concurrent Auditors coverage and quality
· Drive process improvement projects to reduce operating costs and improve service
· Develop, track and report key risk & control metrics for pan-India branches
· Ongoing engagement & partnering with various LOB’s
Requirements
MBA/CA with 3-4 years of Operations Risk Management Experience preferably in a similar function with other Banks.
· Working knowledge of Banking regulatory systems / acts / rules & regulations of Reserve Bank of India / SEBI
· Good people management and Customer service Skills
· Good Technology knowledge and well familiar with Microsoft Word, Excel, Power Point and Outlook
· Demonstrates unwavering commitment of excellence by anticipating risks and minimizing potential problems
· Ability to work against stiff deadlines and manage unexpected work pressure
Posting Date: 12/03/2014
Location: Chennai
