Strategic Risk Professional
2 days ago
Operational Risk Manager
Job Description:We are seeking a seasoned Operational Risk Manager to lead our risk management team and oversee the identification, assessment, and mitigation of operational risks across all business verticals.
- The ideal candidate will have a minimum of 8 years of relevant experience, with at least 3 years in a dedicated risk management function within financial services.
- Strong analytical skills, understanding of operational processes in financial services, and proficiency in risk control frameworks, incident management, and risk reporting tools are essential.
- Lead a team of skilled risk management professionals to identify, assess, and mitigate operational risks.
- Enhance the organization's Early Warning Signal (EWS) capabilities by designing smart triggers for early detection of risk exposure.
- Conduct Risk and Control Self-Assessments (RCSA) to assess process-level risks and controls.
- Develop and monitor Key Risk Indicators (KRIs) and collaborate with departments to design actionable risk mitigation plans.
- Manage the risk incident database and ensure timely and accurate reporting to stakeholders.
- Work closely with field risk teams and branch leadership to monitor and escalate operational risks in a timely manner.
- Provide insights and recommendations to senior management for continuous improvement of the operational risk framework.
The successful candidate will have the opportunity to work on challenging projects, develop their skills, and contribute to the growth and success of our organization.
Requirements:- Bachelor's degree in Science, Mathematics, Economics, or Engineering.
- Excellent verbal and written communication skills in English.
- Ability to work cross-functionally and drive a risk-conscious culture across departments.
- Proven track record in risk leadership roles in Banking, NBFC, or Microfinance sectors.
- Strong exposure to field operations risk, especially in distributed branch-led models.
- Experience working with RBI-compliant risk frameworks and regulatory audits is a plus.
- Ability to manage teams and projects independently with minimal supervision.
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