Job Purpose
“This position is open with Bajaj Finance ltd.”
We are seeking a highly skilled Operational Risk Manager to join our agile team. The ideal candidate will be responsible for overseeing and managing the operational risk framework to ensure that our organization's processes, controls, and procedures are designed and implemented to mitigate risk and achieve strategic objectives. This role is crucial in protecting the company’s assets and maintaining operational efficiencyDuties and Responsibilities
• Identify and assess operational risks.
• Design and implement risk mitigation strategies.
• Ensure compliance with regulations and standards.
• Prepare and present risk reports.
• Oversee incident investigation and response.
• Develop and deliver risk management training.
• Continuously improve risk management processes.
• Engage with stakeholders and provide expert advice.
• Develop and maintain risk management policies.
• Monitor key risk indicators and performance metrics.Key Decisions / Dimensions
• Prioritizing Risks:



Assessing which risks addressing first based on impact and likelihood.
• Mitigation Strategies: Selecting appropriate measures and controls to manage identified risks.
• Compliance Actions: Ensuring adherence to regulatory requirements and industry standards.
• Incident Response: Deciding on actions to manage and minimize the impact of operational incidents.
• Resource Allocation: Allocating budget and resources for risk management initiatives.
• Training Programs: Designing and implementing risk management training for staff.
• Policy Development: Creating and updating risk management policies and procedures.
• Stakeholder Communication: Determining the content and frequency of risk reports and updates.
• Risk Monitoring: Choosing key risk indicators and metrics for ongoing tracking.
• Change Management: Managing risks associated with organizational changes and new projects.Major Challenges
An Operational Risk Manager faces challenges such

📌 Cluster Manager (Pune)
🏢 Bajaj Finance
📍 Pune