Manager - Operational Risk Management

2 days ago


Mumbai, Maharashtra, India Aegon Life Full time ₹ 15,00,000 - ₹ 20,00,000 per year

Role Details:

Department: Risk

Employment Type: Full Time

Key Focus areas:

  • Manage the ORM incident management process by ensuring timely identification, recording, investigation, and closure of risk incidents through the PRISM system.
  • Monitor closure timelines and provide regular updates to the ORM Manager and relevant stakeholders.
  • Act as the first point of contact for queries related to incident reporting and facilitate consistent understanding of risk guidelines across teams.
  • Work closely with function-specific SPOCs to ensure comprehensive RCA and resolution of risk incidents.
  • Maintain a comprehensive database of risk incidents and operational losses, ensuring accuracy and integrity of data.
  • Assist the ORM Manager in preparation of periodic risk dashboards, risk reports, and presentations for senior management.
  • Support compliance with internal governance requirements by ensuring timely submission and escalation of key risk indicators and risk events.
  • Coordinate with process owners to ensure completion of RCSA exercises, and track action plans arising from identified control weaknesses. Assist in the development and periodic review of RCSA questionnaires across business functions.
  • Assist the ORM Manager in conducting risk assessments of critical operational processes across functions and recommend mitigation actions.
  • Participate in cross-functional meetings to proactively identify risks and influence adoption of best practices in risk mitigation.
  • Collaborate with cross-functional teams to assess operational risks associated with Operational processes or new product launch.
  • Provide support and training to functional Risk Champions on incident reporting, risk awareness, and ORM processes

Qualifications & Competencies:

  • Minimum 23 years of relevant experience in the Life Insurance industry

  • Risk Manager

    2 days ago


    Mumbai, Maharashtra, India SKS Enterpprises - Human Resource Planning and Management Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Position Name - Risk ManagerLocation - Worli, MumbaiExperience Range yrsMandatory Requirement:7 - 10 years of experience in risk management, preferably within an investment management or financial services organization.Responsible for identifying, assessing, and mitigating market, credit, operational, liquidity, and regulatory risks by implementing risk...

  • Risk Manager

    4 days ago


    Mumbai, Maharashtra, India SKS Enterpprises - Human Resource Planning and Management Full time

    Position Name - Risk Manager Location - Worli, Mumbai Experience Range - 7-10 yrs Mandatory Requirement: 7 - 10 years of experience in risk management, preferably within an investment management or financial services organization. Responsible for identifying, assessing, and mitigating market, credit, operational, liquidity, and regulatory risks by...


  • Mumbai, Maharashtra, India PINKERTON | Comprehensive Risk Management Full time

    Job DescriptionOverview170+ Years Strong. Industry Leader. Global Impact. At Pinkerton, the mission is to protect our clients. To do this, we provide enterprise risk management services and programs specifically designed for each client. Pinkerton employees are one of our most important assets and critical to the delivery of world-class solutions. Bonded...


  • Mumbai, Maharashtra, India beBeeOperationalRiskManagement Full time ₹ 1,04,000 - ₹ 1,30,878

    Operational Risk Management RoleThis position is responsible for providing expert guidance and support to business units on operational risk matters. The successful candidate will be responsible for facilitating the use of operational risk tools and methodologies, engaging with relevant stakeholders, and managing the operational risk management system.Key...


  • Mumbai, Maharashtra, India beBeeOperational Full time US$ 1,20,000 - US$ 1,80,000

    Job Title: Risk and Regulatory Team Supervisor">Lead a global team responsible for operational risk management, reporting, oversight, and support.">Main Responsibilities:">Manage operational risk across operations to protect the firm from such risks.Report to senior management on operational risk issues.Promote an operational risk culture throughout...


  • Mumbai, Maharashtra, India beBeeRiskManagement Full time ₹ 1,04,000 - ₹ 1,30,878

    Operational Risk Management SpecialistWe are seeking a highly skilled professional to join our team in India. The ideal candidate will be responsible for identifying, assessing, and mitigating operational risks within the organization, ensuring compliance with regulatory requirements, and enhancing our risk management practices.The successful candidate will...

  • Risk Management

    13 hours ago


    Mumbai, Maharashtra, India Northern Arc Capital Full time

    Department: Risk ManagementJob Summary:The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological,...

  • Risk Management

    1 week ago


    Mumbai, Maharashtra, India Northern Arc Capital Full time

    Department: Risk Management Job Summary: The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational,...

  • Risk Management

    1 week ago


    Mumbai, Maharashtra, India Northern Arc Capital Full time

    Department: Risk ManagementJob Summary:The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological,...


  • Mumbai, Maharashtra, India beBeeRisk Full time ₹ 2,00,00,000 - ₹ 3,50,00,000

    Job OpportunityAs a seasoned professional in operational risk management, you will play a pivotal role in developing and implementing strategies to identify, assess, and mitigate operational risks while ensuring compliance and operational efficiency.Responsibilities include:Designing and implementing frameworks to manage operational risks across business...