Assistant Manager Operational Risk

Assistant Manager jobs in Karnataka- Operational Risk Management

Job Requirement‍
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:

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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