Business Function

The Risk Management Group (RMG) is responsible for the development and maintenance of robust risk management and internal control frameworks across the bank. RMG works closely with business and support units to identify, assess, monitor, and mitigate risks, ensuring the bank operates within its risk appetite while complying with regulatory requirements and industry standards.

Within RMG, the Operational Risk function plays a critical role in strengthening the bank's resilience by overseeing the management of operational risks across processes, people, systems, and external events. The team drives a strong risk culture, supports effective governance, and provides independent challenge to ensure sustainable business growth.

Job Purpose

The Head of Operational Risk is responsible for establishing, maintaining, and continuously enhancing the Bank's Operational Risk Management Framework to ensure effective identification, assessment, mitigation, monitoring, reporting, and governance of operational risks across the organization.





The role provides independent oversight of operational risk exposures and controls, drives a solid risk culture across the Bank, ensures compliance with regulatory expectations, and enables informed decision-making through effective risk governance and engagement with Executive Management, Board Committees, and Regulatory Authorities.

Key Accountabilities
- Own and continuously enhance the Bank's Operational Risk Management Framework in alignment with regulatory requirements, industry best practices, and strategic objectives.
- Establish governance mechanisms to ensure consistent implementation of operational risk policies, standards, and procedures across the Bank. The governance mechanisms to ensure adherence to group defined guidelines and Local regulatory guidelines.
- Ensure effective challenge and oversight of operational risk management practices across Business and Support Functions.
- Ensure effective challenge an

📌 Executive Director, Department Head, Operational Risk Management, Risk Management Group (Mumbai)
🏢 DBS Bank
📍 Mumbai