Role: Operation Risk Management Years of experience - 3 -5 Years

Requirement: BFSI Sector CA/MBA/M.Com

Location - Mumbai (Goregaon) Key Responsibilities- Support the implementation and continuous enhancement of the Operational Risk Management (ORM) Framework across business, operations, and support functions.

Partner with stakeholders to identify, assess, monitor, and mitigate operational risks through Risk Registers and Risk & Control Self-Assessment (RCSA) exercises.

Review and challenge Risk Registers and RCSAs periodically to ensure alignment with changes in products, processes, technology, business models, and regulatory requirements.

Monitor and analyse Key Risk Indicators (KRIs), identify emerging risk trends, and facilitate timely remediation of control gaps and risk events.

Conduct end-to-end process reviews to identify operational risks, control weaknesses, process inefficiencies, and opportunities for control enhancement and automation.

Review Product Notes, SOPs, Policies, Operating Manuals, and business processes to identify key risk exposures and ensure effective preventive, detective, and corrective controls are embedded.

Review and assess application access controls and user entitlement management processes, including user provisioning, de-provisioning, role-based access, periodic access recertification, privileged access management, and segregation of duties controls.

Review physical access control processes for critical offices, data centres, records storage locations,



and restricted areas to ensure compliance with security and regulatory requirements.

Support Third-Party Risk Management (TPRM) and Outsourcing Governance activities, including vendor onboarding due diligence, vendor risk assessments, outsourcing compliance, periodic reviews, contract governance, and vendor site visits.

Track operational risk incidents, near misses, audit observations, and regulatory findings, and facilitate closure of corrective and preventive actions.

Assist in preparing risk reporting, governance dashboards, committee packs, and presentations for the Risk Management Committee (RMC), Group Risk Management Committee (GRMC), ICAAP, and senior management forums.

Support the development of risk MIS, control monitoring dashboards, management reporting, and risk analytics to support informed decision-making.

Preferred Candidate

Profile

3-5 years of experience in Operational Risk Management, Enterprise Risk Management, Internal Controls, Risk Consulting, Audit, Compliance, or Banking/Financial Services Risk functions.

Solid understanding of Risk Registers, RCSA, KRIs, Operational Risk Frameworks, Outsourcing Risk Management, and Regulatory Compliance.

Experience in the Banking, Broking, NBFC, Capital Markets, Financial Services, or FinTech sector will be preferred.

Excellent analytical, stakeholder management, communication, and report-writing skills.

Proficiency in Excel, PowerPoint, and risk reporting tools.

📌 ORM - Operational Risk Management (Mumbai)
🏢 Kotak Neo
📍 Mumbai