Deputy Manager | Risk & Control | Bengaluru | Regulatory & Financial Risk

- Job requisition ID : 106815
- Location: Bengaluru
- Entity: Deloitte Touche Tohmatsu India LLP

Manager| SRT- RRF| Risk & Control

- Location: Bengaluru

The team

Innovation, transformation and leadership occur in many ways. At Deloitte, our ability to help solve clients’ most complex issues is distinct. We deliver strategy and implementation, from a business and technology view, to help you lead in the markets where you compete. Learn more about our Risk Regulatory & Forensic Practice.

Your work profile

Experience: 4-8 years

Role Overview:

We are looking for a skilled Risk & Control Analyst to support the risk and controls framework for enterprise-wide risk governance across key banking functions.

Key Responsibilities:

- Support development and maintenance of Risk & Control Frameworks, including RCMs, process flowcharts, and controls documentation
- Participate in Risk & Control Self-Assessments (RCSA) to identify inherent and residual risks, control gaps, and mitigation plans
- Perform current-state vs target-state controls gap analysis
- Support regulatory change programmes, impact assessments, and remediation tracking

Control Testing & Assurance

- Execute Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET)




- Document test results and work with process owners on remediation and compensating controls
- Support ongoing control monitoring, exception tracking, and trend analysis

Risk Monitoring & Reporting

- Monitor KRIs, control performance trends, and escalate emerging risks
- Prepare risk and control dashboards and reports for leadership and audit stakeholders
- Support internal and external audits and regulatory examinations

Stakeholder & Delivery Management:

- Partner with collections operations, credit risk, compliance, and second-line risk teams Identify opportunities for process improvement, simplification, and automation
- Provide risk awareness guidance and training to business stakeholders Ad Hoc & Strategic Initiatives
- Support policy updates, system implementations, and remediation initiatives
- Contribute to special projects aligned with risk transformation and control enhancement

Required Skills & Experience:

- 4-8 years in Banking Risk and controls assurance
- Understanding of risk management principles and controls framework
- Experience in RCSA, controls testing, KPI/KRI frameworks preferred
- Solid understanding of data controls, lineage, and reconciliations
- SQL, Data Lineage, Agile, Confluence, Change Management, BRD, FRD, UAT

Good to Have:

- BCBS 239 familiarity
- Experience in large banks or Big-4 consulting

📌 Deputy Manager | Risk & Control | Bengaluru | Regulatory & Financial Risk
🏢 Deloitte
📍 Bengaluru