Job Title: Assistant General Manager (AGM) – Operational Risk Management

???? Location: Noida

???? Organization: Paytm Payments Bank

???? Employment Type: Full-time

About Us

Paytm Payments Bank is at the forefront of India's digital banking revolution, committed to delivering secure, innovative financial solutions with a strong focus on customer satisfaction. We are looking for a seasoned risk management professional to join our team as an Assistant General Manager (AGM) – Operational Risk Management.

This role is crucial in strengthening our risk management framework, ensuring operational resilience, and maintaining compliance with regulatory standards.

???? Role Overview

The AGM – Operational Risk Management will be responsible for leading risk identification, assessment, and mitigation strategies while fostering a culture of proactive risk management across the organization.

???? Key Responsibilities

1️⃣ Operational Risk Management Committee (ORMC):

✔️ Prepare and deliver comprehensive ORMC presentations for the bank.
✔️ Monitor and track open action items from ORMC meetings, ensuring timely resolution.
✔️ Report the bank’s risk appetite and related metrics to RMCB and ORMC.

2️⃣ Risk and Control Self-Assessment (RCSA):

✔️ Strengthen the RCSA framework across business and support units.
✔️ Track deliverables related to RCSA, control testing, risk incidents, and Key Risk Indicators (KRIs).
✔️ Maintain and enhance the RCSA dashboard, providing actionable insights to senior management.

3️⃣ Key Risk Indicators (KRIs) & Risk Event Management:

✔️ Monitor KRIs across business functions, ensuring alignment with the bank’s risk appetite.
✔️ Maintain an operational loss database to track gross and net exposure.
✔️ Conduct root cause analysis of risk events and recommend preventive actions.

4️⃣ Policy, SOP, & Process Review:

✔️ Review and update policies, Standard Operating Procedures (SOPs), and processes.
✔️ Recommend changes to policies based on emerging risks and control measures.

5️⃣ Risk Advisory & Reporting:

✔️ Provide expert risk advisory to business units to support strategic risk-taking.
✔️ Conduct risk assessments for new products, services, and processes, ensuring compliance with the bank's risk appetite.
✔️ Track and implement effective controls, publishing detailed scorecards for relevant functions.

6️⃣ Big Data Analytics & Control Testing:

✔️ Utilize big data analytics to drive effective control testing across business units.
✔️ Publish control testing scorecards for business and support functions.

7️⃣ Regulatory Compliance & Governance:

✔️ Ensure adherence to RBI and NPCI regulatory guidelines.
✔️ Collaborate with internal & external stakeholders to address regulatory findings and implement corrective measures.

???? Why Join Us?

???? Be a part of India’s leading digital banking revolution.
???? Opportunity to lead critical risk management initiatives.
???? Work in a dynamic and fast-paced financial ecosystem.
???? Career growth in a compliance-focused organization.

???? How to Apply?

Interested candidates can apply now by submitting their resume and a short motivation letter.

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