Risk Manager

1 day ago


Mumbai, Maharashtra, India Acura Solution Full time ₹ 12,00,000 - ₹ 36,00,000 per year


Job Description:

A risk manager in a bank is responsible for identifying, evaluating, and managing risks to ensure that the bank operates within acceptable limits and meets regulatory requirements. Their role includes: 

  • Risk assessment
    Analyzing risks, identifying and describing them, and estimating their impact on the business 


  • Risk evaluation
    Comparing estimated risks to the bank's criteria, such as legal requirements, costs, and environmental factors 


  • Risk appetite
    Establishing the level of risk the bank is willing to accept 


  • Risk reporting
    Communicating risk to different audiences, such as the board of directors, business heads, and individuals 


  • Risk management processes
    Designing, implementing, and reviewing risk management processes to ensure compliance with regulations 


  • Risk mitigation
    Developing contingency plans, purchasing insurance, and implementing health and safety measures to limit risks 


  • Risk oversight
    Providing independent oversight to ensure risk-taking activities are aligned with the bank's risk appetite 


  • Collaboration


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