491 Banking Risk jobs in India

• Identify, assess, and quantify financial risks across various business units.
• Develop and implement risk models and methodologies (e.g., VaR, credit scoring).
• Conduct stress testing and scenario analysis to evaluate portfolio resilience.
• Monitor risk exposures against established limits and appetite.
• Analyze market trends and economic factors impacting risk.
• Prepare regular and ad-hoc risk reports for senior management and regulators.
• Evaluate the effectiveness of internal controls and risk mitigation strategies.
• Collaborate with business lines to embed risk management principles.
• Stay updated on relevant regulatory requirements and industry best practices.
• Propose improvements to risk management policies and procedures.
• Assist in the development and implementation of risk management systems.
• Conduct deep dives into specific risk areas as needed.

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field. Master's degree preferred.
• Minimum of 4-6 years of experience in risk management, financial analysis, or a related role within the banking or financial services industry.
• Strong understanding of credit risk, market risk, operational risk, and liquidity risk.
• Proficiency in quantitative analysis and statistical modeling techniques.
• Experience with risk management software and tools.
• Advanced Excel and data analysis skills are required. Knowledge of SQL, Python, or R is a significant advantage.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills for report writing and presentations.
• Ability to work effectively both independently and as part of a team in a hybrid setting.
• Familiarity with banking regulations (e.g., Basel Accords) is highly desirable.

Job Summary:

The role focuses on shaping and advancing cyber risk programs, ensuring operational excellence, and aligning with enterprise objectives. The ideal candidate is a strategic, execution-driven leader with deep expertise in governance, documentation standards, and managing high-performing teams.

Key Deliverables (Duties and Responsibilities)

Governance, Risk & Controls (GRC):

• Lead the revamp and uplift of the cyber Third Party Risk Management (TPRM) program, ensuring alignment with regulatory expectations and enterprise risk appetite.
• Design, build, and pilot a targeted cyber risk assessment program to proactively identify, measure, and address emerging risks.
• Elevate the quality, clarity, and consistency of policy, standard, and procedure documentation in alignment with corporate governance frameworks.
• Drive corporate and industry regulatory mapping to ensure full traceability and compliance across frameworks (e.g., NIST, ISO, FFIEC, RBI).
• Deliver impactful metrics, dashboards, and risk reporting, tailored to senior executive and board-level stakeholders.

Business Enablement (BE):

• Partner with US-based portfolio and business enablement teams to support key operational activities in a “follow-the-sun” model.
• Lead the planning and delivery of processes and requirements that enable the broader enterprise risk-based cybersecurity strategy.

Key Deliverables (Duties and Responsibilities):

• Lead the revamp and uplift of the cyber Third Party Risk Management (TPRM) program, ensuring alignment with regulatory expectations and enterprise risk appetite.
• Design, build, and pilot a targeted cyber risk assessment program to proactively identify, measure, and address emerging risks.
• Elevate the quality, clarity, and consistency of policy, standard, and procedure documentation in alignment with corporate governance frameworks.
• Drive corporate and industry regulatory mapping to ensure full traceability and compliance across frameworks (e.g., NIST, ISO, FFIEC, RBI).
• Deliver impactful metrics, dashboards, and risk reporting, tailored to senior executive and board-level stakeholders.
• Partner with US-based portfolio and business enablement teams to support key operational activities in a “follow-the-sun” model.
• Lead the planning and delivery of processes and requirements that enable the broader enterprise risk-based cybersecurity strategy.
• Provide leadership and oversight for key enablement pillars including financial management, vendor engagement, workforce planning, executive reporting, and automation
• Strategic mindset with the ability to see the big picture while delivering tactical outcomes.
• Deep knowledge of cybersecurity risk, controls, policy, and documentation standards within a highly regulated environment.
• Experience leading cross-functional and cross-regional teams, with demonstrated success in influencing and executing across global stakeholders.

Skills and Qualification (Functional and Technical Skills)

• Bachelor’s degree in Information Security, Risk Management, Business Administration, or related field; Master’s degree preferred.
• Overall 15+ years of experience with minimum 10 years of experience in cybersecurity, governance, risk, or compliance and project/program management.
• Minimum 5 years of direct people leadership.
• Experience in the financial services sector strongly preferred.
• Familiarity with key regulatory frameworks and standards including NIST, ISO 27001, RBI, FFIEC, and others.
• Proven ability to analyze, report, and communicate complex risks and data to senior leadership and executive stakeholders.

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• Develop, implement, and maintain sophisticated quantitative models for risk assessment (e.g., VaR, Expected Shortfall, credit scoring models, stress testing).
• Validate existing risk models to ensure accuracy, reliability, and compliance with regulatory standards (e.g., Basel Accords, IFRS 9).
• Conduct in-depth analysis of large datasets to identify risk drivers and patterns.
• Collaborate with business units to understand their risk management needs and provide analytical support.
• Prepare detailed reports and presentations on model performance, risk exposures, and mitigation strategies for senior management and regulatory bodies.
• Stay abreast of industry best practices, emerging trends, and regulatory changes in quantitative risk management.
• Design and execute back-testing and stress-testing procedures for risk models.
• Contribute to the development of risk management frameworks and policies.
• Mentor junior quantitative analysts and foster a culture of analytical rigor.
• Communicate complex technical findings clearly to both technical and non-technical audiences.
• Support the implementation of new risk management systems and technologies.

• Master's or Ph.D. in Quantitative Finance, Statistics, Mathematics, Economics, Physics, or a related quantitative field.
• 5+ years of experience in quantitative risk management within the banking or financial services industry.
• Strong expertise in statistical modeling, econometrics, machine learning, and financial mathematics.
• Proficiency in programming languages such as Python, R, C++, or similar.
• Experience with data manipulation and analysis tools (e.g., SQL, SAS).
• In-depth knowledge of financial markets, instruments, and risk management principles.
• Familiarity with regulatory frameworks relevant to banking risk management.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong written and verbal communication skills, with the ability to present complex information effectively.
• Ability to work independently and collaboratively in a remote team environment.
• Professional certifications such as FRM or PRM are a plus.

• Identify, measure, and monitor financial risks across investment banking activities.
• Develop and enhance risk models, including market risk, credit risk, and liquidity risk models.
• Conduct scenario analysis and stress testing to assess the impact of adverse market conditions.
• Prepare regular risk reports and present findings to senior management and relevant committees.
• Ensure compliance with regulatory requirements and internal risk policies.
• Collaborate with trading desks, portfolio managers, and business units to understand and manage risks.
• Contribute to the development and implementation of risk mitigation strategies.
• Monitor industry best practices and emerging trends in financial risk management.
• Provide guidance and support to junior risk analysts.
• Perform ad-hoc analysis and special projects related to financial risk.

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in financial risk management, preferably within investment banking or a related financial services environment.
• Strong quantitative and analytical skills, with expertise in statistical modeling and data analysis.
• Proficiency in risk management software, statistical packages (e.g., R, Python, SAS), and Excel.
• In-depth understanding of financial markets, investment products, and trading activities.
• Knowledge of regulatory frameworks such as Basel Accords and Dodd-Frank is a plus.
• Excellent communication, presentation, and interpersonal skills.
• Ability to work independently and manage multiple priorities effectively in a remote setting.
• Relevant professional certifications (e.g., FRM, PRM) are highly desirable.

• Identify, assess, and monitor various types of financial risks (credit, market, operational, liquidity).
• Develop and implement comprehensive risk management frameworks and policies.
• Conduct quantitative analysis, stress testing, and scenario analysis to evaluate risk exposures.
• Ensure compliance with banking regulations, including Basel Accords and local requirements.
• Prepare risk reports and present findings and recommendations to senior management.
• Collaborate with business units to implement risk mitigation strategies.
• Monitor key risk indicators (KRIs) and develop early warning systems.
• Maintain and update risk models and databases.
• Stay informed about industry best practices and emerging risk management trends.
• Contribute to the development and enhancement of risk management tools and systems.

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in risk management, financial analysis, or a similar role within the banking or financial services sector.
• In-depth knowledge of risk management principles, financial markets, and banking regulations.
• Proficiency in statistical software such as R, SAS, or Python.
• Experience with financial modeling and risk assessment techniques.
• Strong analytical, problem-solving, and critical-thinking skills.
• Excellent written and verbal communication skills.
• Ability to work independently and manage multiple priorities in a remote setting.

• Drive portfolio level analytics to assess credit quality, risk concentrations, underwriting trends and alignment with risk frameworks.
• Enable thematic reviews and early risk identification by applying analytical techniques to structured and unstructured data.
• Design and oversee development of dashboards, visualizations, and automated tools to support review execution and reporting including executive level.
• Collaborate closely with credit reviewers, and cross functional stakeholders to frame analytic approaches, interpret results and co-develop narratives.
• Ensure analytics are well documented, repeatable and governed in line with internal standards and governance protocols.

What impact will you make?

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration and high performance. As the undisputed leader in professional services, Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential

Deloitte is where you’ll find unrivaled opportunities to succeed and realize your full potential.

The Team

Discover the various Financial Risk services, we offer to help organizations across the full life cycle of financial transaction. From governance and processes to technology and reporting, our services can enhance transparency, efficiency, compliance and financial integrity.

Work you’ll do

As a AM/DM in our team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations.

Required skill set:

• ECL Computation
• Credit Risk
• IFRS9
• PD, EAD, LGD

Job Purpose

Within the practice, the group is designed to take a risk based approach help clients improve performance and operating efficiency. We work closely and collaboratively with our clients, providing the full range of services. Supporting them to be effective and efficient through usage.

Key Job Responsibilities:

· Understand business requirements

• Data Analytics, SAS, Python

• Credit Risk

• IFRS9, PD, EAD, LGD

Qualifications

• Graduates with relevant experience can also be considered.
• M.Sc.IT, MBA, M.Tech, MCA, Any PG

Your role as a leader

At Deloitte India, we believe in the importance of leadership at all levels. We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society and make an impact that matters.

In addition to living our purpose, Deputy Managers across our organization:

• Builds own understanding of our purpose and values; explores opportunities for impact
• Demonstrates strong commitment to personal learning and development; acts as a brand ambassador to help attract top talent
• Understands expectations and demonstrates personal accountability for keeping performance on track
• Actively focuses on developing effective communication and relationship-building skills
• Understands how their daily work contributes to the priorities of the team and the business

How you’ll grow

At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to help build world-class skills in addition to hands-on experience in the global, fast-changing

business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University, The Leadership Centre.

Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.

Learn more about what working at Deloitte can mean for you.

Our purpose

Deloitte is led by a purpose: To make an impact that matters .

Every day, Deloitte people are making a real impact in the places they live and work. We pride ourselves on doing not only what is good for clients, but also what is good for our people and the communities in which we live and work—always striving to be an organization that is held up as a role model of quality, integrity, and positive change.

Learn more about Deloitte's impact on the world

Recruiter tips

We want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do your research: know some background about the organization and the business area you’re applying to.

Check out recruiting tips from Deloitte professionals.