Tamil Nadu / Chennai
Roles & Responsibility:
Develop and maintain relationships with the GCSC teams to understand adjustments to strategies, provide support for new product launches and understand associated control impacts.
Develop and maintain relationships with the senior executive level bank partners.
Lead a team with responsibilities for BRCL activities and adverse action program regulatory requirements.
Develop and maintain product specific Adverse Action procedures and track related changes through real-time updates as new initiatives are introduced through the Credit Governance process.
Ensure Adverse Action notifications are meeting regulatory requirements as well as Bank partner standards
Support annual risk assessment and mitigation response activities related to Adverse Action.
Coordinate the review / approval process for new initiatives, procedures, or changes to existing strategies between our bank partners, legal department, compliance, and Snr. Management to identify any potential risks that may impact project and/or business timelines.
Manage the relationships between bank partners and appropriate internal stakeholders, and ensure follow-ups are conducted in a timely manner.
Represent risk management in internal project meetings to provide status updates on internal and external approval process as it relates to each initiative.
Represent GCSC as the First Line of Defense (FLOD) for all product specific testing, audit and external exam related engagements.
Perform risk assessment activities including risk identification, documentation, risk rating and control evaluation.
Create and maintain risk and control inventories including Capabilities, Products, Processes, legal entity, risks and controls
Ensure all bank testing and oversight requirements are met, including but not limited to, on-site and remote activities.
Identify product changes with associated control impacts and ensure appropriate implementation through the product development lifecycle
Drive execution of issue, incident, complaint and ARCP remediation
Review and derive insights from key risk metrics for GCSC, interpreting the data provided through dashboards and reporting (such as reg exams, complaints, incidents etc.) from centralized teams
Maintain strong understanding of key risk management principles and PayPal products and services within GCSC
Bachelor’s degree or equivalent.
3 years of Audit, Risk, Compliance, Regulatory, banking or similar experience
Experience in managing risks, controls, and/or compliance obligations, preferably in the financial industry including managing or supporting the following:
The identification, assessment, control, and response to risks;
Execution of risk response plans, including the development, prioritization, and communication of same
Driving adherence to risk and compliance policies and procedures.
Monitoring key risks and identifying emerging risks; and
Navigating within a three lines of defense model to address risk matters.
Experience in control and/or process design
Track record of driving action to support business results
Strong People Management skills
Strong Communication & negotiation skills – possess the ability to persuade & influence at all levels.
Demonstrate the ability to be an independent critical thinker
Possess the credibility and reputation to achieve effective working relationships with senior executives across the organization and in a matrixed organization
Ability to provide risk expertise through a practical, business lens
Ability to multitask effortlessly and manage competing priorities under demanding deadlines.
Demonstrated ability to learn quickly, manage projects and drive/achieve results.
Strong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skills.
Operate with strong integrity with the ability to handle projects of a sensitive and confidential nature.
Demonstrates a natural curiosity to understand root cause
Possess sound judgment, flexibility and nimbleness in changing courses and solving problems swiftly.
Demonstrates strong and effective collaboration skills and ability to operate comfortably within a complex cultural, global environment.
Demonstrates understanding of the organization’s strategic direction and objectives in order to articulate and embed the role of risk in enabling strategy
Deep, established credibility with the business to understand and communicate risks generated and impacting the business
You can expect a minimum salary of Not Disclosed. The salary offered will depend on your skills, experience and performance in the interview.
The candidate should have completed Graduation are eligible to apply for this job.
It is a Full Time job having timing of 09 am - 06 pm
No It is not a work from home job
Go to website and apply for this job or call HR directly to schedule your interview.