Assistant Manager

• *Job Description:**
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• Financial Risk Policy and Compliance interprets financial risk policies standards and limits monitors how well the business adheres to them and assesses where practice and policy have drifted apart
• The role covers credit liquidity funding and capital related policy requirements and acts as a practical point of guidance for first line teams
• Policies are written in general terms the situations they govern are specific
• The role is expected to decide with reasons whether a practice the policy did not anticipate falls inside or outside it and whether an exception is a one off or a symptom of a control that is not working
• These are the cases the role exists to get right
• Policy ownership exception approval and breach determination remain
• The role assesses documents and recommends

• *Key Responsibilities:**
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• Policy Interpretation and Advisory
• Interpret financial risk policies standards and limits for first line teams and give clear written guidance that can be relied on later
• Support the annual policy review cycle benchmark against regulatory expectations and industry practice draft proposed changes and track approvals
• Maintain the policy inventory and the mapping of policy requirements to procedures and controls
• Monitoring and Adherence Assessment
• Execute the monitoring plan that tests adherence to financial risk policy requirements and limits
• Review exception requests and policy deviations and document an assessment and recommendation for approval
• Track limit breaches and exceptions through to resolution and confirm the agreed remediation actually happened
• Judgement and Assessment
• Distinguish a technical breach from a material weakness and say which it is and why
• Look across individual exceptions for patterns that point to a policy that is unclear unworkable or not being followed
• Reason from the intent of the policy where its wording does not cover the situation and record the reasoning so it can be reviewed as precedent
• Issues Reporting and Governance
• Log findings with root cause agree remediation with owners and track to closure
• Prepare adherence reporting and committee material that leads with what needs attention
• Support internal audit and regulatory requests with evidence and clear narrative

• *Technical Requirements:**
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• Required Skills and Experience
• Working knowledge of credit liquidity funding and capital risk concepts and how policy limits are set and monitored
• Experience drafting or maintaining risk policies standards or procedures
• Experience executing monitoring or testing against policy requirements and documenting conclusions
• Sound judgement on ambiguous cases able to reach and defend a position where the policy wording runs out
• Assessed at interview through a case exercise
• Precise plain written English
• Preferred
• Familiarity with OSFI guidance on liquidity capital and enterprise risk management and FCAC expectations where they touch financial risk
• Professional designation such as FRM PRM CRM or CPA
• Experience with a GRC platform
• Experience in a fintech card issuer or consumer lending environment

• *Additional Responsibilities:**
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• Location Bangalore
• Experience 6 years
• Shift Flexible 24 5

• *Preferred Skills:**
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