Risk Management Team Member
Kotak Mahindra Bank
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Risk Management Team Member
Kotak Mahindra Bank
Mumbai/Bombay
Not disclosed
Job Details
Job Description
Team Member-Group Risk Management-SUPPORT SERVICES-Group Risk Management
As a Team Member in Group Risk Management, you will be a key contributor to our risk assessment and mitigation processes. Your role will involve collaborating with various teams to identify, analyze, and address potential risks across the organization. This position offers an opportunity to be part of a dynamic and critical function within the bank, ensuring the stability and success of our operations.
- Conduct comprehensive risk assessments to identify potential threats and vulnerabilities.
- Develop and implement risk management strategies, ensuring alignment with the bank's objectives.
- Monitor and analyze market trends, regulatory changes, and industry practices to stay ahead of emerging risks.
- Collaborate with business units to understand their specific risk profiles and provide tailored risk management solutions.
- Prepare and present risk reports to senior management, offering insights and recommendations for risk mitigation.
- Ensure compliance with regulatory requirements and internal policies related to risk management.
- Maintain and update risk registers, documenting and tracking risks across the organization.
- Conduct regular risk reviews and audits to identify areas of improvement and implement necessary actions.
- Provide support and guidance to other teams on risk-related matters, fostering a culture of risk awareness.
- Stay updated with industry best practices and emerging trends in risk management.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum 10-12 years of experience in risk management, preferably in the banking or financial services industry.
- Strong analytical skills with the ability to interpret complex data and identify trends.
- Excellent communication and interpersonal skills for effective collaboration with diverse teams.
- Proficiency in risk assessment methodologies and tools, including risk modeling and scenario analysis.
- Knowledge of regulatory requirements and compliance standards relevant to the banking sector.
- Ability to work independently and manage multiple tasks in a fast-paced environment.
- Strong attention to detail and a proactive approach to identifying and addressing risks.
- Proficiency in Microsoft Office suite, particularly Excel, for data analysis and reporting.
- Willingness to continuously learn and adapt to evolving risk management practices.
Experience Level
Senior LevelJob role
Work location
Mumbai, Maharashtra, India
Department
Risk Management & Compliance
Role / Category
Risk Management - Operations / Strategy
Employment type
Full Time
Shift
Day Shift
Job requirements
Experience
Min. 1 year
About company
Name
Kotak Mahindra Bank
Job posted by Kotak Mahindra Bank
Apply on company website