Assistant Risk Manager

Job Description

About Groww: We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA. Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo. Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat. Our Vision Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians. Our Values Our culture enables us to be what we are — India’s fastest-growing financial services company. It fosters an environment where collaboration, transparency, and open communication take center-stage and hierarchies fade away. There is space for every individual to be themselves and feel motivated to bring their best to the table, as well as craft a promising career for themselves. The values that form our foundation are: Radical customer centricity Ownership-driven culture Keeping everything simple Long-term thinking Complete transparency About the role We are looking for high ownership, self motivated candidates with excellent analytical and problem solving skills with a proven track record of result oriented performance. As a risk manager you will be responsible for overseeing the development and implementation of the operational risk management framework across the organization. This role involves working closely with cross-functional teams, senior leadership, and external stakeholders to ensure effective risk identification, assessment, and mitigation strategies. The successful candidate will play a key role in shaping a robust risk culture within the organization. Responsibilities: Perform risk identification and assessment across various functions and recommend process changes in order to mitigate operational risks. Work closely with cross-functional teams, including Credit, Risk, Compliance, and Technology, to implement risk mitigation strategies' Monitor and analyze key risk indicators, providing regular reports to management and stakeholders. Conduct and orchestrate Monthly Risk Committee meetings provide insightful reports to senior management and key stakeholders. Examining reported incidents and validating the implementation of corrective and preventive actions. Coordinate with internal audit teams to ensure alignment between risk management and audit activities. Conduct root cause analysis (5 Whys, Fishbone etc) against the risk observations to identify corrective and preventive actions Conduct training sessions to promote risk awareness and adherence to risk management practices. Requirement: Proven experience in operational risk management, preferably within the financial industry. In-depth knowledge of risk assessment methodologies, risk mitigation strategies, and regulatory requirements. Clear understanding of regulatory requirements Strong knowledge of auditing principles and procedures Good analytical and logical problem-solving skills with an aptitude to learn quickly Excellent communication and interpersonal skills to effectively interact with senior leaders, cross-functional teams, and external stakeholders. Excellent analytical and problem-solving skills with a keen attention to detail. High level of ownership Qualification: 2-5 years of experience working in quality, audit and risk management domain Excellent Excel skills (knowledge of SQL will be an advantage). Knowledge of internal and external audit standards like ISO, CMMI, etc Strong organizational, communication, presentation, and project management skills Graduate, CA, MBA from a Tier 1 Institute preferred