Deputy Manager | Risk & Control | Pune | Regulatory & Financial Risk
• Job requisition ID : 113541
• Location: Pune
• Entity: Deloitte Touche Tohmatsu India LLP

Manager| SRT- RRF| 1st Line of Defense (1LOD) Controls Testing

- Location: Chennai, Bangalore, Pune/Mumbai, Hyderabad

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 Professionals to support 1st Line (1LOD) Controls testing experience across Markets, Lending, consumer business with a robust understanding of processes across front office, risk, finance etc.

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

- Strong understanding of data controls, lineage, and reconciliations

- Must have hands on experience with data analytics, SQL

Good to Have:

- Hands on Experience for Global US, UK, European banks

📌 Deputy Manager | Risk & Control | Pune | Regulatory & Financial Risk (Maharashtra)
🏢 Deloitte
📍 Maharashtra