About the Role

We are looking for a highly skilled Manager – Operational & Market Risk to lead and strengthen the risk management framework for our India operations.

This role combines operational risk, market & liquidity risk, and fraud/vigilance oversight , making it a critical position in ensuring regulatory compliance, strong governance, and risk-informed decision-making across the organization.

Key Responsibilities

Risk Strategy & Governance

- Develop and implement frameworks for Operational, Market, and Liquidity Risk
- Ensure alignment with Basel II/III, ICAAP, and regulatory requirements (RBI)
- Provide strategic risk insights and reporting to senior management and committees

Market & Liquidity Risk Management

- Monitor and assess risks across banking and trading portfolios
- Support ALCO and Risk Committees with analysis and insights
- Advise on exposure to:
- Interest rate risk
- Liquidity risk
- Market movements
- Recommend hedging and mitigation strategies

Operational Risk Management

- Design and maintain the Operational Risk Framework
- Lead RCSA (Risk & Control Self Assessments) workshops
- Monitor KRIs, KPIs, and KCIs
- Strengthen risk culture and awareness across the organization

Loss Event & Risk Analytics

- Investigate operational loss events and perform root cause analysis
- Maintain loss databases and identify trends
- Recommend corrective and preventive controls

Fraud Risk & Vigilance





- Lead fraud risk management and investigation activities
- Oversee vigilance-related responsibilities as per regulatory guidelines
- Develop and implement fraud risk policies and frameworks
- Ensure timely escalation and reporting of incidents

Risk Reporting & Controls

- Prepare dashboards, risk reports, and heatmaps
- Identify control gaps and recommend improvements
- Ensure audit findings and regulatory observations are addressed

Stakeholder Management

Partner with

- Treasury (Front & Back Office)
- Finance & Operations
- Risk & Compliance teams

Liaise with external stakeholders including regulators and auditors

Ideal Candidate Profile

Experience

- 10–12 years in banking / financial services risk management
- Strong exposure to:
- Operational Risk frameworks
- Market / Liquidity Risk
- Regulatory environment (RBI, Basel norms)

Skills & Expertise

- Sound understanding of risk frameworks and controls
- Experience with RCSA, KRIs, incident management
- Knowledge of treasury / market risk concepts
- Robust analytical and problem-solving skills
- Excellent stakeholder and communication skills

Preferred Qualifications

- Certifications such as FRM, CFA, PRM are an advantage
- Bachelors/ Masters in Finance, Accounting, Economics, Business Administration, Risk Management (or related discipline)

📌 Manager – Market & Operational Risk (Mumbai)
🏢 DOHA BANK
📍 Mumbai