Strategic Risk Manager

3 days ago


Mumbai, Maharashtra, India IDFC FIRST Bank Full time

At IDFC FIRST Bank, we are seeking a highly skilled and experienced Strategic Risk Manager to lead our Enterprise Risk Management (ERM) initiative. This is an exceptional opportunity for a seasoned professional to drive strategic risk management practices across the organization.

Job Description:

  • We are looking for a talented individual with 5-10 years of experience in operational risk management to join our team as a Strategic Risk Manager.
  • In this role, you will be responsible for designing and implementing effective risk management strategies to ensure the bank's assets are aligned with desired risk levels.
  • You will work closely with business heads, credit, risk, operations, legal, and collections teams to drive efficiency in ERM and ensure regulatory compliance.
  • Your responsibilities will include assessing operational risk, defining standard operating procedures, risk registers, and key risk indicators, as well as monitoring and reporting on risk metrics.
  • You will also conduct annual risk control self-assessments, analyze incident reports, and verify corrective actions.
  • An additional responsibility will be reviewing and approving product notes from an operational risk management perspective.
  • You will need to ensure relevant dashboards are generated, disseminated, and followed up accordingly, adhering to defined procedures and quality standards.
  • Familiarity with forex, trade, gold loan, and pan-India travel for branch control testing is highly recommended.

Educational Qualifications:

  • A bachelor's degree in commerce, science, arts, or business administration is required, while a master's degree in business administration or commerce is preferred.

Salary: $120,000 - $180,000 per annum

About the Role:

  • This role is ideal for someone who wants to make a meaningful contribution to the bank's risk management practices.
  • If you have a strong understanding of operational risk management principles and a proven track record of driving risk management initiatives, we encourage you to apply.


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