Operational Risk Management Specialist

7 days ago

Gurgaon, Haryana, India beBeeRisk Full time ₹ 9,00,000 - ₹ 12,00,000

The role of Operational Risk Management Specialist plays a crucial part in supporting the implementation of operational risk policies and processes, contributing to a robust operational risk management framework that ensures strong organizational resilience.

The primary responsibility is to provide independent and effective assurance over operational risk controls to safeguard the organization's assets, reputation, and long-term sustainability. This involves leading the development and execution of business continuity and resiliency strategies to enhance the organization's ability to withstand and recover from crises such as cyber threats, operational incidents, and other disruptions across processes and technologies.

Key responsibilities include:

  • Designing and communicating risk policies and procedures across the business
  • Conducting RCSA and control testing for relevant departments
  • Supporting ongoing thematic reviews of processes and business areas
  • Tracking and evaluating root cause, as well as overseeing remedial action for Operational Risk Events & Issues
  • Monitoring ongoing Key Risk Indicators, actions recorded on Risk Events and Issues
  • Coordinating and leading annual Business Impact Analysis (BIA) & Risk Assessment Programs enterprise-wide
  • Planning and coordinating exercises to test business continuity plans, incident management, emergency notification process, and developing schedules for training/awareness

Prior experience in Operational Risk Management and Mitigation or in Business Strategy with focus in operations processes is highly desirable.

Required skills and qualifications:

  • MBA or Equivalent Degree with 5+ years of experience
  • Detailed knowledge of Operational Processes in Life insurance industry
  • Working knowledge of Business Continuity

A self-driven, collaborative team player with a strong learning mindset is ideal for this role.

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