Job Summary
Consumer and Business Banking Risk Consultant Strategic Initiatives and Product Risk Support
The Role
Consumer and Business Banking CBB Risk Management has an opening for a Risk Consultant to support the Business Banking team in India The Risk consultant is responsible for providing compliance and operational risk management expertise and leadership for business banking key initiatives This role will specifically support activities related to digital delivery for Business products by providi
Responsibilities
Essential Functions
Provide compliance and operational risk subject matter expertise SME to ensure compliance with applicable US federal regulations and state laws Engage other risk SMEs as needed but ultimately responsible for making decisions and accountable for the decisions made
Establish and maintain appropriate systems of risk management and internal controls to support business objectives maintain acceptable risk appetitetolerances and comply with applicable laws and regulations
Operate independently within the CBB framework often with tight deadlines and multiple concurrent projects
Make informed risk decisions expeditiously to ensure consistent and timely risk support for the project teams
Partner with peer Strategic Initiatives and Product Risk Support CBB Risk Business Banking leaders and Second Line of Defense Risk partners to ensure an effective risk management framework
Facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes systems or human errors Ensure the active identification response andor escalation of risks as appropriate
Take initiative to influence strategies policies and procedures to promote a strong customer experience while maximizing profit potential and minimizing regulatory exposure
Navigate all risk approvals required for Enterprise Change Management as needed
Lead andor support strategic initiatives in an anticipatory posture related to the rapidly changing risk and compliance environment while balancing process efficiencies and customer experience
Preferred SkillsExperience
Proven experience and subject matter expertise of compliance and operational risks related to digital properties and business banking products
Comprehensive knowledge and experience with the industry products policies operations and procedures related to business banking products
Strong professional presence to support regular interactions with senior management
Demonstrated skills in leadership and management of process projects and people
Strong analytical skills and strategic thinker
Strong collaboration interpersonal management and ability to interact and present to management
Ability to work in an open fastpaced and dynamic environment
Ability to research and manage multiple projects and deadlines simultaneously
Demonstrated oral and written communication and interpersonal skills planning and implementation skills and negotiation
Previous experience in Agile work environment preferred
Certifications desired eg Certified Regulatory Compliance Manager CRCM
Location
Position will be located in Chennai India