Group Company: AU Small Finance Bank Limited

Designation: Senior Manager Operational Risk

Office Location: Mumbai

Experience: 2+ years

Key Responsibilities

- Develop, implement, and enhance the Bank's Operational Risk Management framework, including risk governance, policies, standards, tools, and methodologies.
- Partner with business and support functions to facilitate identification, assessment, monitoring, and mitigation of key operational risks across the organization.
- Provide advisory support on operational risk governance, control frameworks, risk assessments, and policy implementation to business units and stakeholders.
- Conduct independent reviews of operational risk exposures and evaluate the effectiveness of risk controls and mitigation strategies.
- Analyze operational loss events, Risk and Control Self-Assessments (RCSA), Key Risk Indicators (KRIs), and other risk metrics to identify emerging trends and vulnerabilities.
- Prepare and present periodic risk reports, dashboards, and insights to senior management and Board/Risk Committees, highlighting key risk exposures, control gaps, loss trends,



and remediation actions.
- Identify, assess, and escalate systemic operational risks and emerging threats while ensuring the adequacy of preventive and detective controls.
- Monitor regulatory developments and industry best practices to ensure continuous enhancement of operational risk processes and compliance standards.
- Promote risk awareness and a solid risk culture through training sessions, workshops, and sharing of lessons learned and best practices.
- Review and assess the adequacy of insurance coverage programs to ensure appropriate protection against operational risk exposures.
- Manage risk management systems and reporting platforms to support effective risk analysis, governance, and decision-making.
- Manage the Third-Party Risk Management (TPRM) framework, including vendor due diligence, risk assessments, ongoing monitoring, and governance to safeguard the organization from operational, compliance, cyber, and reputational risks.

📌 Senior Manager Operational Risk (Mumbai)
🏢 AU Small Finance Bank
📍 Mumbai