IN-Manager _ MRM(Controls Oversight )_Captive Financial Services_Advisory_Bengaluru

Job Description & Summary:

• Controls review, rewrites and submissions for upload in Sentinel;
• Support Risk Services with RCSA process and queries;
• Point of contact to address controls testing and conformance review queries from Risk Services;

SME Input for dispensations, waivers and breaches and relevant stakeholder approval coordination, investigation of breach impact on model risk and relevant escalations

Responsibilities:

(Controls Oversight)

• Controls review, rewrites and submissions for upload in Sentinel;
• Support Risk Services with RCSA process and queries;
• Point of contact to address controls testing and conformance review queries from Risk Services;
• SME Input for dispensations, waivers and breaches and relevant stakeholder approval coordination, investigation of breach impact on model risk and relevant escalations;
• Management of issues and actions in ORAC including monitoring of new issues, RICM assessment, thematic reviews;
• Analysis of category 1 data for production of monthly controls reporting pack and quarterly CERPA and wider support of the CERPA process;
• Collaboration and input into a variety of governance materials with high level of accuracy and attention to detail;
• Investigation of model impact and updates in GMD;
• Knowledge of ORAC, Sentinel, GMD, ERMF and model risk framework preferred.

Mandatory skill sets:

ORAC, Sentinel, GMD, ERMF and model risk framework

Preferred skill sets:

Model Risk Management Guidelines and Regulations

Years of experience required:

5+ Years

Education qualification:

MBA (Finance) or CA