Operational Risk Manager
3 days ago
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 DescriptionThis 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.
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