Senior Risk Manager
5 days ago
This role is for one of the Weekday's clients
Min Experience: 8 years
Location: Mumbai
JobType: full-time
Requirements
Key Responsibilities1. Operational Risk Management (ORM)- Lead and oversee Risk & Control Self Assessments (RCSA) across business units.
- Identify, assess, and document operational risks related to processes, systems, people, and external factors.
- Maintain and continuously update the Operational Risk Register.
- Monitor Key Risk Indicators (KRIs), track breaches, and escalate issues appropriately.
- Conduct root-cause analysis for operational incidents, losses, and near-miss events.
- Evaluate internal control design and effectiveness, and recommend mitigation actions.
- Review process flows, SOPs, and identify areas for control improvement.
- Identify and assess strategic, financial, compliance, credit, operational, and reputational risks.
- Facilitate enterprise-wide risk assessments in collaboration with business leaders.
- Develop risk heat maps, dashboards, and support the creation of the Risk Appetite Statement.
- Track emerging risks and analyze their potential impact on the organization.
- Ensure robust adherence to internal policies and applicable regulatory guidelines (RBI/SEBI/NBFC, as relevant).
- Work closely with Internal Audit, Compliance, and Finance for integrated risk governance.
- Support Business Continuity Planning (BCP), disaster recovery testing, and policy reviews.
- Assist in preparing risk committee presentations, documentation, and follow-up actions.
- Prepare periodic risk reports for senior management and the Board Risk Committee.
- Develop comprehensive dashboards for key risk metrics using Excel or BI tools.
- Present risk insights, trends, and mitigation progress to stakeholders.
- 8–10 years of hands-on experience in Risk Management, preferably within NBFCs, BFSI, housing finance, or financial services.
- Strong knowledge of Operational Risk, ERM frameworks, RCSA, KRI, BCP/DR, and Risk Appetite concepts.
- Familiarity with regulatory requirements applicable to financial institutions.
- Experience in designing policies, risk registers, and governance frameworks.
- Strong analytical and problem-solving capability.
- Excellent communication, documentation, and stakeholder management skills.
- Proficiency in risk tools, MIS, Excel, and PowerPoint.
- MBA (Finance/Risk), CA, FRM, CRM, or equivalent professional qualifications preferred.
Operational Risk · ERM Frameworks · RCSA · KRI · BCP/DR · Risk Appetite
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