Operational Risk Manager

8 - 13 years

1 - 6 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities:

  1. Lead a team

    of skilled risk management professionals with a focus on

    operations risk

    .
  2. Identify, assess, and mitigate

    operational risks across all business verticals and support functions.
  3. Enhance the organization's

    Early Warning Signal (EWS)

    capabilities by designing

    smart triggers

    for early detection of risk exposure.
  4. Conduct

    Risk and Control Self-Assessments (RCSA)

    to assess process-level risks and controls.
  5. Develop and monitor

    Key Risk Indicators (KRIs)

    and collaborate with departments to design

    actionable risk mitigation plans

    .
  6. Manage the

    risk incident database

    and ensure timely and accurate reporting to stakeholders.
  7. Work closely with

    field risk teams and branch leadership

    to monitor and escalate operational risks in a timely manner.
  8. Provide insights and recommendations to senior management for continuous improvement of the operational risk framework.

Skills & Qualifications:

  • Minimum 8 years

    of relevant experience, with at least

    3 years in a dedicated risk management function

    within financial services (Banking, NBFC, or Microfinance).
  • Bachelor's degree in

    Science, Mathematics, Economics, or Engineering

    .
  • Strong analytical skills and understanding of operational processes in financial services.
  • Proficient in

    risk control frameworks

    , incident management, and risk reporting tools.
  • Excellent verbal and written communication skills in English.
  • Ability to work cross-functionally and drive a risk-conscious culture across departments.
  • Knowledge of multiple regional/vernacular languages

    is an added advantage.

Preferred Candidate Profile:

  • Proven track record in

    risk leadership roles

    in

    Banking, NBFC, or Microfinance sectors

    .
  • Strong exposure to

    field operations risk

    , especially in distributed branch-led models.
  • Experience working with

    RBI-compliant risk frameworks

    and regulatory audits is a plus.
  • Ability to manage teams and projects independently with minimal supervision.

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Rekrut India

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