Business Operational Risk Manager

1 day ago


Mumbai, Maharashtra, India Acura Solution Full time ₹ 12,00,000 - ₹ 24,00,000 per year


Job Description:

Job Title – BORM Specialist

Function – Rural Banking

Job Purpose:

The role entails leveraging a thorough understanding of the processes to provide analytical insights for business. Role bearer is responsible for ensuring adherence to Regulatory and Risk Policies for the business unit. The role bearer has the responsibility to conduct and monitor risk assessment and working in collaboration with the internal stakeholders to build the risk awareness within the business units.

Roles & Responsibilities:

* Ensure adherence to Regulatory and Risk Policies for the business unit
* Lead Risk Assessment which involves analyzing risks as well as identifying, describing and estimating the operational risks affecting the business
* Communicate with transparency on issues and gaps identified through escalation process for remediation
* Gain a thorough understanding of the work and processes performed within the department
* Provide examination, audit and review support
* Actively participates in control calibration sessions
* Conduct and monitor risk assessment, which involves analyzing risks as well as identifying, describing and estimating the operational risks affecting the business
* Conduct risk evaluation, which involves comparing estimated risks with criteria established by the organization
* Define Key Risk Indicators (KRIs) for the identified operational risks in collaboration with various stakeholder's/ process owners
* Provide support, education and training to staff to build risk awareness within the business units
* Provide analytical and functional support for any risk related issues within the business unit
* Gather updates in regulations to ensure compliance with internal guidelines and statutory requirements




  • Mumbai, Maharashtra, India V Konnect Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Role & responsibilitiesThe role of Wholesale Banking - Business Operational Risk Management is to reinforce the compliance culture in Wholesale Banking and proactively addressing regulatory and operational risk minimizing losses and providing operational stability. It encompasses implementation of regulatory guidelines within all Wholesale Banking Business...


  • Mumbai, Maharashtra, India Svamaan Financial Services Pvt. Ltd. Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Company DescriptionSvamaan Financial Services Pvt. Ltd. is a modern NBFC-MFI dedicated to enhancing the lives and livelihoods of customers across India through financial inclusion. Our mission is to provide accessible and reliable financial services to underserved communities, empowering them to achieve economic growth and stability.Role DescriptionThis is a...


  • Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Team Member-SUPPORT SERVICES-Risk Role- Operation Risk Manager Grade- M6/7 Location- Kotak infinity Malad East, Mumbai Job Profile - 1.Identifying, Defining, quantifying, reviewing and reporting of various risks faced by Organisation on regular basis. 2. Monitoring changes in laws, regulations, and industry best practices that could impact...


  • Mumbai, Maharashtra, India Workassist Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Work Level: Middle ManagementCore: CollaborationLeadership: TrainingRole: Operational Risk ManagementIndustry Type: BankingFunction: Banking OperationsKey Skills: Credit Risk,Credit Operation,SSIS Package,Governance, risk and compliance (GRC),Risk ControlEducation: GraduateNote: This is a requirement for one of the Workassist Hiring Partner.Roles &...


  • Mumbai, Maharashtra, India Incred Full time ₹ 4,00,000 - ₹ 6,00,000 per year

    .KEY RESPONSIBILITIESAssist with daily risk assessments and reviews, ensuring compliance with internal standards and applicable laws/regulationsParticipate in RBI reporting, inspections, and adhoc data assembly for submissions to regulatorsContribute to internal control documentation, including followup on remediation itemsDevelop or update operational risk...


  • Mumbai, Maharashtra, India InCred Capital Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Key ResponsibilitiesORM Framework & GovernanceDraft, review, and implement the Operational Risk Management policy in line with the latest regulatory guidelines.Develop and operationalize risk management models, tools, and systems to ensure effective implementation of ORM policies.Define and monitor Key Risk Indicators (KRIs) and set risk appetite thresholds...

  • Business Risk

    7 days ago


    Mumbai, Maharashtra, India Deutsche Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    About The Role :  Job TitleBusiness Risk & Control Analyst Corporate TitleAVP LocationMumbai, India Role Description About Deutsche Bank:- Deutsche Bank is the leading German bank with strong European roots and a global network. Were driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world...

  • Risk Management

    7 days ago


    Mumbai, Maharashtra, India Nomura Full time ₹ 8,00,000 - ₹ 24,00,000 per year

    Nomura Overview:Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global...


  • Mumbai, Maharashtra, India BNP Paribas Full time ₹ 15,00,000 - ₹ 30,00,000 per year

    Position Purpose RISK Operational Risk Management (RISK ORM), created early 2021 to oversee operational risks within the mandate of the RISK function, is organised, under the responsibility of the Group Chief Operational Risk Officer (Group CORO), around 3 Poles: RISK ORM Framework, RISK ORM Technology Transversal Risks and RISK ORM Network.Under the...

  • Manager - Risk

    2 weeks ago


    Mumbai, Maharashtra, India Equifax Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Synopsis of the Role:Risk Business Partner is responsible for providing expert challenge and oversight on the development, application and maintenance of the Risk Management frameworks across the Equifax India businesses. The role holder will have particular responsibility for delivery of the annual Risk & Control Self-Assessment plan; understanding the...