State Street

Financial Services

OperationalRisk,AVP

₹25–40L ~AI est. Bangalore, India FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Operational Risk, AVP at State Street. Skills: Operational Risk, Risk Management Framework. Drive effective risk governance. Risk oversight of business functions”

What You'll Achieve.

Deliver better risk outcomes

Industry & Context.

Financial Services
Problems you'll solve

Problem solving; Decision making

What They're Looking For.

Must Have

8 years risk experience, 12 years financial institutions experience

Nice to Have

MBA or CA qualified, Relevant professional qualifications in risk management a plus, Experience in Risk Advisory practice with Big 4 firms, Knowledge on Tableau preferred

What You'll Do.

Drive effective risk governance

Risk oversight of business functions

Understand and manage enterprise and operational risks

Assist in mitigating/reducing risks

Provide independent challenge to risk assessment programs

Identify emerging risks

Monitor/observe trends in key risk indicators/incident management

Lead and drive execution of risk programs

Lead and drive strategic risk projects

Drive effective Risk Control Self-Assessment Program

Provide second line challenge to mitigate gaps

Review quarterly risk reports

Review risk dashboards

Review India Risk Reports

Assist in providing comments to risk trends

Participate in Material Risk Incident calls

Provide enhanced governance on repetitive risk incidents

Assess potential risk

Provide effective review

challenge and risk dialogue

Aggregate and monitor risk exposures across India

Escalate significant and above tolerance risks

Apply State Street’s Operational Execution suite of risk

Coordinate with Business on risk mitigation efforts

Investigate high impact operational risk events

Advise on design of effective remediation plans

Promote a risk culture

Ensure awareness and compliance with ERM policy requirements

Maintain the highest standards of conduct and integrity

Develop a good understanding of the business and

Provide effective advice and challenge

Lead global ERM projects

Support global ERM projects

Lead regional ERM projects

Support regional ERM projects

Lead India level ERM projects

Support India level ERM projects

How You'll Work.

Team & Collaboration

Senior business executives; First Line of Defense; Business functions; India and Global Risk Committees

Communication Scope

Excellent communication skills; Ability to communicate with all levels; Presentation skills; Clear presentations; Persuasive presentations; Well-structured presentations

Process & Methodology

Risk projects

Full Job Description

**Who we are looking for** An experienced risk professional, who have worked in Financial Services industry or Investment banks in the risk management function. Looking to hire a seasoned risk manager who can support in implementation of the Risk Management framework for State Street India, in accordance with regulatory expectations and ERM policies and guidelines. The candidate will be responsible for the Second Line Risk oversight for State Street India’s Risk landscape. **Why this role is important to us** The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on the risk management function to help them manage risk, respond to challenges, and drive performance and profitability. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at your best. Join us if making your mark in the financial services industry from day one is a challenge you are up for. **What you will be responsible for** As an Assistant Vice President in Enterprise Risk Management, you will * Drive effective risk governance within the State Street, India. * As part of Enterprise Risk Management Team, primary responsibility will be risk oversight of business functions (First Line of Defense). * Work with senior business executives to understand and manage enterprise and operational risks and assist in mitigating/reducing the risks * Provide independent challenge from second line of defense to risk assessment programs performed by First Line of Defense teams * Identify emerging risk if any by monitoring/observing trends in key risk indicators/incident management * Lead and drive the execution of risk programs and strategic risk projects * Drive effective Risk Control Self-Assessment Program and provide second line challenge to mitigate the gaps if any * Review the quarterly risk reports, risk dashboar

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