Senior Associate, Specialist, Operational Risk Management, Firm-Wide, Technology and Operationsnew

Business Function

Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Key Requirements 

Job Purpose

Job requires understanding of key elements of finance and reporting on underlying variance drivers on a monthly basis. Coupled with building up project spend and tracking the same. Along with financials – T&O COO mgmt. team also takes care of agenda for the COO office starting from townhalls, R&R, new key initiatives, scorecards and so on. The role requires candidate to be flexible in terms of working hours especially during budgeting cycle and needs to have great communication skills (written, verbal) to be able to influence sub-units to get the required information and translate the same to senior management. A go-getter attitude is a must to thrive through this role.

Key Responsibilities

• Preparing fortnightly / monthly Financial performance reports for the Technology, Operations and Other units.
• Reviewing business performance (P&L, BS and non-financial) and forming objective insights.
• Assisting with the strategic plans, annual budgeting exercise and forecasts.
• Developing cohesive presentations for internal and external forums. This will require active facilitation and teamwork across businesses and functional units.
• Coordinating and developing appropriate performance metric/systems in support of strategic intent (KPI/ Scorecard tracking)
• Creating scalability and efficiency through streamlining and automating reporting processes including monthly Financial forecast submissions to Head Office
• Participating in cross functional project work and new product proposals to help drive the strategic agenda including Strategic Cost Management Initiatives
• Facilitating ad hoc business and internal finance requests, including WOS related Financial planning
• Executive office reporting on goals/financials and business updates as required and preparation of materials for strategic discussions. Collaborate with multiple Technology and Operations (T&O) Units for preparation of budget, financial forecasts and report variances
• Prepare and publish timely monthly financial reports for allocated projects (specially on newly amalgamated entities)
• Champion Risk and control culture by analyzing drivers responsible for budget vs actual variance and implement sound controls to curb variation
• Build trust and collaborate with Regional teams across departments for various regulatory and management led deliverables
• Handle vendor consolidation activities related to Technology and Operations
• Maintains a complete and accurate general ledger, financial and management reports
• Unite with different T&O teams to ensure successful and timely closures of Audit reports
• Innovate and drive Employment Engagement activities within T&O units and report the engagement to Regional Teams
• Work with CRESA (Real estate team) for managing budget vs. actuals and providing valuable inputs in terms of closing divestment and branch relocation financial requests

Requirements:

• Relevant work experience of 2-3 years desired but not mandatory
• Good understanding and skillset required for operating on Microsoft Suite (Powerpoint, Excel, Word, Outlook)

Education / Preferred Qualifications:

• Chartered Accountant

Core Competencies

• Analytical skills to provide in-depth review on cost variance drivers
• Influencing ability to partner and extract information from stakeholders
• Data presentation and communication skills (to be able to provide key insights at various levels of stakeholders)
• Delivery with quick turn around time

Technical Competencies

• Understanding of basic banking products
• MS office – advanced level

Work Relationship

• Team player with enthusiasm, initiative and resilience.
• Proactive, accurate, accountable with strong problem-solving skills
• Possess good analytical, written and interpersonal skills to effectively communicate with team members and various stakeholders

Location:

Vikhroli

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time