Operational Risk Manager

3 days ago


Mumbai, Maharashtra, India IDFC FIRST Bank Full time

At IDFC FIRST Bank, we are committed to delivering exceptional risk management expertise.

The estimated salary for this role is ₹12,00,000 - ₹18,00,000 per annum, depending on location and experience.

Job Description

This Operational Risk Manager role forms a critical part of our Enterprise Risk Management team.

We are seeking a seasoned professional with 5-10 years of experience in operational risk to join our team.

Key Responsibilities
  • Assess and monitor operational risks across various shared services functions, including Finance, Human Resource, Procurement, Marketing, and Legal.
  • Provide expert advice on risk mitigation strategies, including defining Standard Operating Procedures (SOPs), Risk Registers, Key Risk Indicators (KRIs), and conducting annual Risk Control Self-Assessments.
  • Analyse reported incidents, verify corrective and preventive actions, and review Product Notes from an operational risk perspective.
  • Develop and maintain relevant dashboards, ensuring timely dissemination and follow-up in adherence to defined procedures and quality standards.
  • Contribute to various projects, suggesting and implementing best industry practices as advised by management.

In this role, you will have the opportunity to work closely with our business leaders to identify and mitigate potential risks.

You will be responsible for providing strategic guidance on operational risk management, ensuring that our organization remains compliant with regulatory requirements and maintains a strong risk culture.



  • Mumbai, Maharashtra, India Hiranandani Financial Services Full time

    About the RoleAs an Operational Risk Manager at Hiranandani Financial Services, you will play a crucial role in ensuring the effective management of operational risk across the organization.We are looking for a highly skilled and experienced professional to join our team as an Operational Risk Manager. The successful candidate will be responsible for...


  • Mumbai, Maharashtra, India Hiranandani Financial Services Full time

    Job DescriptionWe are seeking an experienced Operational Risk Manager to join our team at Hiranandani Financial Services. This role is responsible for ensuring the effective management of operational risk across the organization.Key Responsibilities:Develop and maintain a comprehensive risk governance framework to ensure alignment with regulatory...


  • Mumbai, Maharashtra, India Fincrif Full time

    **Job Title:** Operational Risk Management SpecialistFincrif is seeking an experienced Operational Risk Management Specialist to join our team. This role will play a critical part in managing operational risks within the Enterprise Risk Management (ERM) team.Risk Management Responsibilities:Monitor, assess, and mitigate risks across various operational...


  • Mumbai, Maharashtra, India IDFC FIRST Bank Full time

    Job Title: Operational Risk Management ExpertAbout the Role:IDFC FIRST Bank is seeking a seasoned IT Governance Specialist to join our team. The successful candidate will be responsible for reviewing policies, product notes, and standard operating procedures from an operational risk perspective.Key Responsibilities:Review of Policies, Product Notes, and...


  • Mumbai, Maharashtra, India Parag Parikh Financial Advisory Services Limited Full time

    Job Overview We are seeking a highly skilled Risk Management Expert to join our team at Parag Parikh Financial Advisory Services Limited. About the Role This is a challenging opportunity for an experienced risk professional to lead and manage operational and investment risk across our organization. As a key member of our team, you will be responsible for...


  • Mumbai, Maharashtra, India Acies Full time

    About the Role: We are seeking an experienced Operational Risk Management Specialist to join our team at Acies. This is a unique opportunity for individuals who want to make a meaningful impact in the financial services industry. Job Description: As an Operational Risk Management Specialist, you will be responsible for assisting the team in executing BFSI...


  • Mumbai, Maharashtra, India Neo Risk Management & Insurance Brokers Full time

    Our MissionAt Neo Risk Management & Insurance Brokers, our mission is to provide innovative risk advisory and insurance broking solutions that address complex business risks.We achieve this through the use of industry-specific expertise and global experience.Your Role in Our TeamYou will play a critical role in driving revenue growth by identifying and...


  • Mumbai, Maharashtra, India FlexiLoans Full time

    As a forward-thinking financial institution, FlexiLoans is seeking an experienced Risk Management Expert to oversee the operational risks within its Credit function.Job OverviewThe ideal candidate will possess in-depth knowledge of operational risk frameworks, particularly within credit operations, and have a proven track record of identifying and mitigating...


  • Mumbai, Maharashtra, India HDB Financial Services Ltd. Full time

    Job DescriptionWe are seeking an experienced Operational Risk Director to join our team at HDB Financial Services Ltd.Key Responsibilities:Foster a culture of risk awareness and facilitate the effective use of operational risk tools, including Risk Event Reporting, Risk Control Self-Assessment (RCSA), Key Risk Indicators (KRI), etc., to enable business units...


  • Mumbai, Maharashtra, India FlexiLoans Full time

    About FlexiLoansFlexiLoans is a pioneering digital financing platform that addresses the challenges faced by small businesses in accessing quick, flexible, and adequate funds. Our mission is to provide 'Financial access at a click' to 70 million+ MSME businesses in India. We boast a talented pool of rockstars from diverse backgrounds, including ex-founders,...


  • Mumbai, Maharashtra, India FlexiLoans Full time

    FlexiLoans, a pioneer in the digital lending ecosystem for small businesses in India, seeks an experienced Operational Risk Manager to join its team.We are a four-time certified 'Great Place to work' workplace with top-tier talent from diverse backgrounds. Our vision is to provide 'Financial access at a click.'About the RoleThe ideal candidate will play a...


  • Mumbai, Maharashtra, India Search Syerngy Full time

    Job Overview:Search Syerngy is seeking an experienced Operational Risk Specialist to join our team. The successful candidate will be responsible for identifying and assessing operational risks, implementing effective controls, and managing mitigation strategies.Responsibilities:Collaborate with process owners to identify risks and assess control...


  • Mumbai, Maharashtra, India Search Syerngy Full time

    Job Title: Operational Risk SpecialistEstimated Salary: $110,000 per yearJob OverviewSearch Syerngy is an innovative company that prides itself on its commitment to risk management. We are looking for a seasoned Operational Risk Specialist to join our team and help us achieve our goals.The successful candidate will have 5-6 years of experience in risk...


  • Mumbai, Maharashtra, India Fincrif Full time

    About the RoleWe are looking for an experienced Operational Risk Analyst to join our Enterprise Risk Management team at Fincrif. The successful candidate will play a key role in monitoring, assessing, and mitigating risks across various operational areas.Key Responsibilities:Perform Risk Control Self-Assessments (RCSA) in collaboration with various...


  • Mumbai, Maharashtra, India Search Syerngy Full time

    About the RoleWe are looking for an experienced Operational Risk Professional to join our team at Search Syerngy. In this role, you will be responsible for identifying and assessing risks, implementing effective controls, and managing mitigation strategies.Responsibilities:Collaborate with process owners to identify risks and assess control...


  • Mumbai, Maharashtra, India Fincrif Full time

    Job Description: As a Risk Analyst at Fincrif, you will play a critical role in managing operational risks across various areas. Your key responsibilities will include monitoring, assessing, and mitigating risks, producing detailed risk reports, and supporting the implementation of the Risk Management Framework. You will also assist the Head of ERM in...


  • Mumbai, Maharashtra, India Hiranandani Financial Services Full time

    Job DescriptionWe are seeking an experienced Operational Risk Manager to join our team at Hiranandani Financial Services. This is a challenging role that requires strong analytical and problem-solving skills, as well as the ability to work independently in a fast-paced environment.About the RoleThis position will be responsible for identifying, assessing,...


  • Mumbai, Maharashtra, India MMC Full time

    We are looking for an experienced investment expert to join our Investments team at Mercer as a Senior Manager - Investments. This role involves conducting operational due diligence risk assessments of investment managers using Mercer Sentinel's framework, working as part of a team of ODD specialists and client consultants. The estimated salary for this...


  • Mumbai, Maharashtra, India Hiranandani Financial Services Full time

    **Job Summary**Hiranandani Financial Services is seeking an experienced Operational Risk Manager to join our team. As a key member of the risk management function, you will play a critical role in identifying, assessing, and mitigating operational risks that could impact our business.About the Role:Develop and implement effective risk management strategies...


  • Mumbai, Maharashtra, India Fincrif Full time

    Job Description: As an Enterprise Risk Governance Specialist, you will be responsible for overseeing the implementation of the Risk Management Framework across Crif Highmark and its functions. You will work closely with the Head of ERM to identify and mitigate operational risks, produce detailed risk reports, and support the development of a strong risk...