Senior Manager - Enterprise Risk Management

7 - 12 years

12 - 18 Lacs

Posted:23 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Job Summary:

The primary responsibility of this role is to support the implementation of operational risk policies and processes, contributing to a robust operational risk management framework that ensures strong organizational resilience. The role serves as a second line of defense, providing independent and effective assurance over operational risk controls to safeguard the organization's assets, reputation, and long-term sustainability. The individual in this role should be self-driven, collaborative team player with a strong learning mindset, equipped with knowledge of life insurance processes and a passion for promoting resilience across the enterprise

Role & Responsibilities:

  • Lead identification, assessment, and oversight of

    operational risks and key controls

    across insurance value chain
  • Drive

    RCSA execution and control testing

    , ensuring design and operating effectiveness across critical business processes
  • Execute focused

    Thematic Reviews

    to identify emerging risks, control gaps, and process weaknesses
  • Oversee

    Operational Risk Events & Issues

    , including root-cause analysis, remediation tracking, and closure assurance
  • Monitor and report

    Key Risk Indicators (KRIs)

    and

    Key Control Indicators (KCIs)

    risk events, and action plans, with timely escalation of material risks
  • Partner with business stakeholders to strengthen

    process governance and control ownership

  • Promoting Risk culture

    to enhance self-disclosures on incidents and deeper integration with Risk Vanguards across Organization

Preferred Candidate Profile:

  • MBA or Equivalent Degree with 5+ years' experience in relevant field
  • Detailed knowledge of operational processes in Life Insurance industry
  • Prior experience in Operational risk management and mitigation or in Business Operations processes is desirable

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