Senior Risk Manager

6 days ago


Mumbai, India Weekday AI Full time

This role is for one of the Weekday's clients Min Experience: 8 years Location: Mumbai JobType: full-time Requirements Key Responsibilities 1. Operational Risk Management (ORM) - Lead and oversee Risk & Control Self Assessments (RCSA) across business units. - Identify, assess, and document operational risks related to processes, systems, people, and external factors. - Maintain and continuously update the Operational Risk Register. - Monitor Key Risk Indicators (KRIs), track breaches, and escalate issues appropriately. - Conduct root-cause analysis for operational incidents, losses, and near-miss events. - Evaluate internal control design and effectiveness, and recommend mitigation actions. - Review process flows, SOPs, and identify areas for control improvement. 2. Enterprise Risk Management (ERM) - Identify and assess strategic, financial, compliance, credit, operational, and reputational risks. - Facilitate enterprise-wide risk assessments in collaboration with business leaders. - Develop risk heat maps, dashboards, and support the creation of the Risk Appetite Statement. - Track emerging risks and analyze their potential impact on the organization. 3. Governance & Compliance - Ensure robust adherence to internal policies and applicable regulatory guidelines (RBI/SEBI/NBFC, as relevant). - Work closely with Internal Audit, Compliance, and Finance for integrated risk governance. - Support Business Continuity Planning (BCP), disaster recovery testing, and policy reviews. - Assist in preparing risk committee presentations, documentation, and follow-up actions. 4. Reporting & Analytics - Prepare periodic risk reports for senior management and the Board Risk Committee. - Develop comprehensive dashboards for key risk metrics using Excel or BI tools. - Present risk insights, trends, and mitigation progress to stakeholders. Required Experience & Skills - 8–10 years of hands-on experience in Risk Management, preferably within NBFCs, BFSI, housing finance, or financial services. - Strong knowledge of Operational Risk, ERM frameworks, RCSA, KRI, BCP/DR, and Risk Appetite concepts. - Familiarity with regulatory requirements applicable to financial institutions. - Experience in designing policies, risk registers, and governance frameworks. - Strong analytical and problem-solving capability. - Excellent communication, documentation, and stakeholder management skills. - Proficiency in risk tools, MIS, Excel, and PowerPoint. Education - MBA (Finance/Risk), CA, FRM, CRM, or equivalent professional qualifications preferred. Skills Operational Risk · ERM Frameworks · RCSA · KRI · BCP/DR · Risk Appetite



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