Operational Risk Manager

2 days ago


Mumbai, Maharashtra, India Godrej Capital Full time

Godrej Capital is a subsidiary of Godrej Industries and is the holding company for Godrej Housing finance & Godrej Finance. With a digital-first approach and a keen focus on customer-centric product innovation, Godrej Capital offers Home Loans, Loan Against Property, Property Loans, Business Loans and is positioned to diversify into other customer segments and launch new products. The company is focused on building a long-term, sustainable retail financial services business in India, anchored by Godrej Group's 125+year legacy of trust and excellence. Godrej Capital has a special focus on learning and capability development across its employee base and is committed to diversity, equity, and inclusion as a guiding principle.

The organization has been consistently recognized as a Great Place to WorkTM receiving certifications in 2022 and 2023. As it stands, Godrej Capital holds a spot among India's Top 50 Best Workplaces in BFSI 2023 and is also recognized as one of India's Great Mid-Size Workplaces 2023. Beyond that, it has also had the honor of being named the Best Organization for Women by The Economic Times in both 2022 and 2023, and the Best Workplaces for Women by Great Place to Work in 2022 and in 2023.

Job Purpose

To ensure a sound Risk Management Framework is established and promulgated in the Company

Role

  • Work in collaboration with cross functional units in ensuring risks are identified, assessed, measured, monitored and reported
  • Establish and Review of Risk and Control Self Assessment Framework (RCSA) across organisation, report the issues identified, track the action plan to ensure mitigation within agreed timelines
  • Review the Risk Control Matrices of each unit on a quarterly basis. Engage with internal auditors on driving risk based supervision, delegation of powers
  • Review and approve any change in operational processes from a risk standpoint
  • Control Testing/Thematic Review to assess the effectiveness of process design and the control environment
  • Incident reporting along with RCA
  • Prepare and present Heat map for risk areas and operational risk dashboards
  • Assess non credit financial risks such as Treasury, ALM, etc.
  • Monthly governance with all stakeholders on Open risk points and action plan
  • Responsible for Business Continuity Management(BCM) design and implementation across the organisation
  • Work on Data preventive data leakage by deployment of relevant security tools in collaboration with Technology team

Qualification & experience

  • MBA / CA
  • 4+ years of relevant experience. Prior experience in the BFSI space a must

Essential skills

  • Essential to have a good understanding of loan product workings, loan system workings and calculations
  • Should be comfortable in a startup-environment: work hands-on on day-to-day problem solving, taking quick and effective actions to meet short-term priorities. Additionally, should also be comfortable with longer-term strategic thinking / planning
  • Good communication, presentation, and leadership skills to drive thought process with internal & external clientele

Nature of role

  • Full time and permanent
  • Based in Head Office in Mumbai (Godrej One, Vikhroli)


  • Mumbai, Maharashtra, India beBeeOperationalRiskManagement Full time ₹ 1,04,000 - ₹ 1,30,878

    Operational Risk Management RoleThis position is responsible for providing expert guidance and support to business units on operational risk matters. The successful candidate will be responsible for facilitating the use of operational risk tools and methodologies, engaging with relevant stakeholders, and managing the operational risk management system.Key...


  • Mumbai, Maharashtra, India beBeeOperational Full time US$ 1,20,000 - US$ 1,80,000

    Job Title: Risk and Regulatory Team Supervisor">Lead a global team responsible for operational risk management, reporting, oversight, and support.">Main Responsibilities:">Manage operational risk across operations to protect the firm from such risks.Report to senior management on operational risk issues.Promote an operational risk culture throughout...


  • Mumbai, Maharashtra, India beBeeRiskManagement Full time ₹ 1,04,000 - ₹ 1,30,878

    Operational Risk Management SpecialistWe are seeking a highly skilled professional to join our team in India. The ideal candidate will be responsible for identifying, assessing, and mitigating operational risks within the organization, ensuring compliance with regulatory requirements, and enhancing our risk management practices.The successful candidate will...


  • Mumbai, Maharashtra, India beBeeRisk Full time ₹ 2,00,00,000 - ₹ 3,50,00,000

    Job OpportunityAs a seasoned professional in operational risk management, you will play a pivotal role in developing and implementing strategies to identify, assess, and mitigate operational risks while ensuring compliance and operational efficiency.Responsibilities include:Designing and implementing frameworks to manage operational risks across business...


  • Mumbai, Maharashtra, India Nomura Full time

    Nomura Overview: Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global...

  • Risk Management

    7 days ago


    Mumbai, Maharashtra, India Northern Arc Capital Full time

    Department: Risk Management Job Summary: The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational,...

  • Risk Management

    6 days ago


    Mumbai, Maharashtra, India Northern Arc Capital Full time

    Department: Risk ManagementJob Summary:The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological,...


  • Mumbai, Maharashtra, India beBeeOperational Full time ₹ 15,00,000 - ₹ 20,10,000

    Job Opportunity: We are seeking an experienced Operational Risk Management Specialist.Key Responsibilities:Strong understanding of operational risk frameworksVendor management expertiseWhat You'll Gain:Develop your career in a dynamic environmentWork with a collaborative teamContribute to the success of our organizationEssential Qualifications:Operational...

  • Risk Manager

    3 days ago


    Mumbai, Maharashtra, India Corenza Full time

    Overview : The Risk Manager will be responsible for identifying, assessing, and mitigating risks that could impact the company's financial stability, operational efficiency, legal compliance, or reputation. This role involves close collaboration with cross-functional teams to design and implement effective risk management strategies and frameworks. Lead...

  • Risk Manager

    1 day ago


    Mumbai, Maharashtra, India SKS Enterpprises - Human Resource Planning and Management Full time

    Position Name - Risk Manager Location - Worli, Mumbai Experience Range - 7-10 yrs Mandatory Requirement: 7 - 10 years of experience in risk management, preferably within an investment management or financial services organization. Responsible for identifying, assessing, and mitigating market, credit, operational, liquidity, and regulatory risks by...