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Associate Vice President Risk

Navi Mumbai, Maharashtra

PES HR Services

Job Description

1. Implementation and monitoring of risk management practices as stipulated by Sebi, AMFI and best practices from Union AMC

i. Risk & Compliance Committee (RCC): preparation (stakeholder) for the risk part:

1. Monitoring and coordinating of the implementation of the Operational Risk management

2. Validation of risk management assessments

3. Reports and remedial actions on loss events

4. Reports on various KRIs

5. Preparation of Schemes risk frameworks

6. Proposal & Review of risk class and profiles of the schemes

7. Proposing special and ad hoc internal regulations

8. Enterprise risks;

ii. Providing necessary inputs & monitoring robustness of various Procedures (best practices from Union AMC, its updates and regular controls):

1. Product Committee and policy

2. Damages

3. General policies

4. Business Continuity Management and Disaster Recovery plan

5. IT Access Authorizations

6. Risk Self Assessments: coordination with the departments to execute these risk self assessments;

iii. Controls: various ex-post and ex-ante controls on different frequencies: NAV control, Debit/credit positions, interests paid, cash transactions, late trades, crosses, reverse transactions, orders initiated by dealers, gaming, delegations, negative positions, new products created by PFM, orders edited by dealing desk, control end day of open orders, .

iv. Reporting requirements to RCC, Boards, MC, Group Risk Committee of Union Bank

v. Monitoring Enterprise risk:

1.General Market risks: Tracking Error, Liquidity, Rating control, Credit risk

2.Third party risks;

3.Proprietary risks;

4.HR related risks;

5.Reputational risk;

vi. Business Continuity and Disaster Recovery Plan

Company Description

We are a full service HR company creating value and cost savings for its clients. PES... HR is founded on the principles of trust and equity. We provide the complete end to end HR solutions to our clients through well defined systems, processes and strategic initiatives. Our team is a mix of dynamic & young, passionate & experienced Human Resources professionals committed to deliver solutions where others give up. We started in 2004 as Protech Executive Search and have now rechristened ourselves as PES HR to reflect the transition from a pure recruitment service provider to holistic HR Services Company.   Read full description

Additional Information

Last updated:
Job type:
Full time
Position type:
Minimum experience:
Between five and ten years
Compulsory Education
Jobs in Consulting / Strategy / Corporate Planning
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