Manager - Operational Risk Management

Hiring for: One of India’s leading non-banking financial companies (NBFCs), focused on driving financial inclusion across rural and semi-urban markets.

Role: Manager - Operational Risk Management

Experience: 3 to 5 years

Location(s): Kurla Wes, Mumbai

Salary: Up to INR 16 LPA (Including 5% to 10% variable)

JOB DESCRIPTION

1: Job Purpose Statement (Summarise in one/two statements why this job exists and the contribution makes to the overall business of the company).

To establish and oversee a comprehensive operational risk management framework that identifies, assesses, monitors, and mitigates risks arising from internal processes, systems, people, and external events.

2: Duties & Responsibilities (List in the order of importance the duties & responsibilities of this job)

·      Design and implement the ORM framework in alignment with regulatory guidelines (e.g., RBI, Basel II/III).

·      Define risk taxonomy, risk appetite, and control standards across business units.

·      Conduct risk and control self-assessments (RCSAs) across departments.

·      Identify key risk indicators (KRIs) and operational loss events.

·      Facilitate scenario analysis and stress testing for high-risk areas.

·      Develop dashboards and MIS for tracking operational risk metrics.

·      Report risk exposures, incidents, and trends to senior management and the Board Risk Committee.

Professional Qualification

• CA/MBA (Finance) or equivalent; FRM/CFA preferred.
• 3 to 5 years of experience in credit risk management, preferably in NBFCs or banks.

 Knowledge

·      Credit Risk Management

·      Regulatory Frameworks

·      Portfolio Analytics

·      Operational risk principles

·      Financial modeling