506 Operational Risk jobs in India
Analyst-Operational Risk Management
Posted 2 days ago
Job Viewed
Job Description
At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.
Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.
How will you make an impact in this role?
The Analyst, Operational Risk Management (ORM) Issues and Events will:
+ Assist in administrative activities required to maintain the scope of issues and events within an enterprise framework
+ Assist specific activities/tasks required to maintain technology and processes used to record, manage and report issues
+ Assist in compiling materials required to support senior team members in running/facilitating cross-functional Committees of Practice (CoPs)
+ Support compile key operational risk trends, activities, for senior leadership including thematic risk reporting to provide actionable and meaningful insights on current risk levels, emerging trends and root causes
+ Collaborate with stakeholders & cross functional teams to understand their reporting requirements and ensure delivery of customized reporting/MIS
+ Partner with Technology and other functional teams to build, test and implement reporting solutions including power in-depth strategic data analysis to support decisions.
Minimum Qualifications
+ 1-2 years of experience in operational risk management (e.g., within Risk and/or Internal Audit function) and understands critical operational risk management lifecycle activities
+ Project management, communication, and interpersonal skills
+ Experience in process governance, establishing and overseeing robust decision-making processes that align with policies, regulatory frameworks, and/operational standards
+ Analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively
Preferred Qualifications
+ Bachelor's degree in Finance, Business, Risk Mgmt., or related field advanced degrees (e.g., MBA, MSc or certifications is advantageous)
+ Knowledge of Big Data oriented tools (e.g., Python, Big query, SQL); Advanced Excel/VBA etc.
+ Hands on experience on visualization tools like Tableau, Power BI etc.
**Qualifications**
We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:
+ Competitive base salaries
+ Bonus incentives
+ Support for financial-well-being and retirement
+ Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
+ Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
+ Generous paid parental leave policies (depending on your location)
+ Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
+ Free and confidential counseling support through our Healthy Minds program
+ Career development and training opportunities
American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.
Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.
**Job:** Risk
**Primary Location:** India-Haryana-Gurugram
**Schedule** Full-time
**Tags** ORMCM
**Req ID:** 25013023
VP- Operational Risk Management
Posted today
Job Viewed
Job Description
About Our Client
Prominent financial services player
Job Description
* Lead, conduct and assist the identification, assessment, monitoring and mitigation of risks throughout the group.
* Analyze and report risk profile and control performance, and benchmark processes against regulatory requirements, Company standards and industry best practices to develop and improve the Company risk management framework.
* Liaise with directors and senior managers to identify risks in their business areas, and agree the controls required to mitigate each risk. Enter those risks and controls on the risk register and ensure that the entries are consistent.
* Provide monthly updates to the Executive on current business risks and progress with action points and prepare quarterly reports for the Audit and Risk Committee. Support the Board in its ownership and management of regulatory risk (including without limitation RBI regulatory risk).
* Provide support and leadership where appropriate on specific risk projects, method changes or risk systems developments.
* Develop a continuous improvement culture where lessons learned are shared.
* Act as an exemplar of leadership values and behaviors through effective role modelling and actions.
* Ensure the Risk Function is a strong 2nd line of defense that is supportive, enabling and independently challenging to the business.
* Ensure the business manages all types of risk within agreed statements of risk appetite.
* Represent and promote the importance of robust and appropriate internal controls to senior management, advising on the response business should take to key risk and regulatory issues
The Successful Applicant
CA - with experience in a regulated entity / Big 4 with risk audit experience.
Excellent leadership skills - demonstrates gravitas, personal credibility and ability to influence.
Excellent communication and stakeholder management skills - able to communicate complex ideas in an understandable way and get people behind ideas. Able to operate independently and objectively - empowering others, building trust with peers and direct reports
Analyst-Operational Risk Management
Posted today
Job Viewed
Job Description
Job Description
Work Location Options:
HybridAt American Express, our culture is built on a 175-year history of innovation, shared and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.
Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.
How will you make an impact in this role?
The Analyst, Operational Risk Management (ORM) Issues and Events will:
Minimum Qualifications
Preferred Qualifications
We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:
American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.
Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.
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Slide 1 of 3When you become part of our Talent Community, well keep you posted about future job opportunities that you may be a match for, as well as career-related events.Analyst-Operational Risk Management
Posted today
Job Viewed
Job Description
At American Express, our culture is built on a 175-year history of innovation, shared and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.
Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.
How will you make an impact in this role?
The Analyst, Operational Risk Management (ORM) Issues and Events will:
Minimum Qualifications
Preferred Qualifications
We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:
American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.
Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.
Operational Risk Manager
Posted today
Job Viewed
Job Description
Role : Operational Risk Manager
Exp : 3 7 Location : Bangalore
Position Summary:
The Operational Risk Manager will be responsible for identifying, assessing, monitoring, and mitigating operational risks within the health insurance business. This role involves ensuring compliance with internal policies and external regulatory requirements, overseeing risk events, and implementing risk management frameworks to protect organizational objectives.
Key Responsibilities:
1. Operational Risk Management: Identify, assess, and monitor key operational risks across health insurance business operations. o Develop and implement risk management strategies, frameworks, and policies. o Conduct risk assessments and ensure action plans are in place to address identified risks.
2. Compliance and Regulatory Oversight: o Ensure compliance with regulatory requirements, insurance guidelines, and organizational policies. o Participate in the implementation and managing the requirements of the Risk Based Supervisory Framework. o Participate in the implementation of AML / KYC Framework o Liaise with regulatory bodies, as required, to maintain adherence to local and international risk management standards.
3. Risk Event Reporting and Analysis: o Analyze operational risk events, identify root causes, and track mitigation measures. o Maintain proper documentation and ensure timely reporting of risk events to senior management and relevant stakeholders.
4. Risk Monitoring and Testing: o Develop and oversee regular monitoring of key risk indicators (KRIs) and operational risk metrics. o Implement risk testing methodologies to identify emerging risks and assess controls' effectiveness.
5. Process Improvement: o Identify opportunities to strengthen operational processes to reduce risk exposure. o Partner with business units to design and implement controls and solutions to mitigate risk. o Drive culture of updated process documentation across the organization
6. Training and Awareness: o Conduct operational risk awareness sessions and training programs for employees. o Promote a risk-conscious culture across departments.
7. Stakeholder Engagement: o Work collaboratively with business leaders, operations, finance, compliance, audit, and IT teams to strengthen risk mitigation strategies. o Provide operational risk insights to senior management for decision-making.
8. Audit and Review Support: o Facilitate internal and external audit processes related to operational risk. o Respond to audit findings and support follow-ups.
Required Skills and Qualifications:
Education:
Bachelor's or Masters degree in Finance, Risk Management, Insurance, Business Administration, or related fields.
Experience:
Minimum 3 years of experience in operational risk management within the health insurance or financial services industry. o Proven experience with regulatory compliance, risk assessment, and risk framework implementation.
Skills :
Strong analytical, problem-solving, and data interpretation skills. o Proficiency in risk management tools, metrics, and methodologies. o Knowledge of health insurance regulations and market practices. o Proficiency in risk reporting, risk control frameworks, and internal audits.
Leadership and Communication: o Excellent interpersonal and leadership abilities to engage with cross-functional teams. o Strong verbal and written communication skills.
Preferred Qualifications:
Certification in Risk Management (e.g., FRM, CRM, or other relevant qualifications). Familiarity with digital transformation trends in health insurance and technological impacts on operational risk. Experience managing risks related to claims processing, underwriting, IT infrastructure, or fraud prevention.
Company Attributes / Personality Fit:
Ability to thrive in a fast-paced, dynamic, and diverse environment. Results-driven with a proactive, hands-on approach to problem-solving. A strategic thinker with attention to detail and a focus on collaboration. This role offers an opportunity to lead operational risk initiatives in a rapidly growing health insurance market in India, ensuring that risks are effectively managed while aligning with business growth and compliance standards.
Operational Risk Manager
Posted today
Job Viewed
Job Description
Alcentra is owned by Franklin Templeton, a dynamic firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.
Alcentra operates independently as a Specialist Investment Manager and is headquartered in London, with offices in New York, Boston, Tokyo and Hong Kong. We are a leading, global asset management firm specializing in the sub-investment grade debt markets, experts in credit management, private credit, and structured credit strategies. Our investors include pension funds, insurance companies, government agencies, banks, wealth managers and high net worth individuals.
Visit to learn more who we are.
Alcentra, recently acquired by Benefit Street Partners ("BSP"), is a wholly owned subsidiary of Franklin Resources, Inc. that, together with its various subsidiaries, operates as Franklin Templeton. The BSP/Alcentra combined organization is a leading credit-focused alternative asset management firm with approximately $77 billion in assets under management. Established in 2008, the BSP platform manages funds for institutions, high-net-worth and retail investors across various strategies including: private/opportunistic debt, liquid loans, high yield, special situations, long-short liquid credit and commercial real estate debt. Established in 2002, the Alcentra platform manages funds for institutions, high-net-worth and retail investors with a focus on the sub-investment grade debt capital markets in Europe and the U.S. Their objective is to deliver strong, risk-adjusted returns that are less correlated, through a complementary suite of traditional and alternative credit strategies. In pursuing this objective, their investment strategy and approach to credit selection are based on intensive fundamental research and credit analysis, combined with active portfolio management to minimize credit losses.
What is the Operational Risk Manager responsible for?
The role sits within a small team in a dynamic entrepreneurial investment management firm.
The purpose of the role is to work directly with the Head of Operational Risk in running the Alcentra Operational Risk Framework. Given the small team size, the successful candidate will be required to individually own key components of the framework and work proactively with colleagues across the business to complete required deliverables.
The team’s remit is to ensure the firm is compliant with its regulatory requirements in respect of operational risk, and to constructively add value to operational processes and controls. The successful candidate will need to apply commercial judgement to ensure that recommendations made to the business are proportionate to risk levels and harms that could arise.
The successful candidate will be an integral member of the department, and will have the opportunity to deliver both as part of a team and also individually.
The Operational Risk team report into the Alcentra Head of Risk & Compliance. Operational Risk work closely with departments across the business including: Compliance; Investment Risk; Finance; Operations; AML/KYC; Portfolio Management; Trading; IT; Business Development; Product; Investment Structuring & Fund Formation; Credit Research and others.
This role is a great opportunity for a candidate looking to gain experience across the full Operational Risk Framework, as well as getting involved in broader risk initiatives and projects. Your work will be meaningful and visible within the company. There is significant responsibility from day one.
The successful candidate will be required to work London hours to align with the Alcentra Limited business. There is a requirement for employees to be present in the office Tuesday through Thursday, with occasional Mondays also.
What are the ongoing responsibilities of the Operational Risk Manager?
Conducting controls testing reviews on the most material operational risks facing the company. Documenting process flows on critical processes.
Participating in the annual refresh of the firm’s RCSA. Initially the successful candidate will be project managing the RCSA refresh. This involves organising workshops; preparing materials; and documenting changes to risks and controls as discussed in the meetings. Over time there is the opportunity to host workshops also.
Collating KRI reporting and commentary monthly. Raising appropriate queries to KRI providers for metrics trending outside of risk appetite.
Monitoring the open action items tracked within the RCSA, and working with action owners to ensure they are closed timely.
Providing RfP / DDQ responses to the client facing teams on Operational Risk topics.
Documenting and remediating errors. This includes conducting root cause analysis, agreeing control improvements (where applicable) and conducting error closure validation.
Contributing to the Strategic & Emerging Risk Assessment.
Periodic update of Operational Risk team procedures and policies as required.
Acting constructively and with a solutions-focussed mindset to the business on topics of Operational Risk both in terms of BAU and also on projects undertaken by the business.
Other tasks and initiatives as may be required by Senior Management.
What ideal qualifications, skills & experience would help someone to be successful?
Operational risk, internal audit, or similar background within an investment manager is essential.
Experience of working within a boutique investment manager is advantageous.
Proven experience in building controls testing plans and conducting controls testing reviews is highly desirable.
Process mapping ability.
Experience of running components of an operational risk framework independently.
Highly motivated self-starter with the ability to work efficiently and with credibility.
Well-organised. Able to proactively manage and prioritise their workload.
Clear and precise verbal and written communication skills with the ability engage with various professionals and teams of all seniorities across the company.
Logical approach to problem solving, including possessing the commercial acumen to ensure recommendations made to the business are proportionate to the level of risk being mitigated.
Naturally high attention to detail and strong critical thinking / analytical skills.
Intermediate skills in PowerPoint, Excel, and Word.
Work Shift Timings - 2:00 PM – 11:00 PM IST
Experience our welcoming culture and reach your professional and personal potential!
Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.
By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.
*Most benefits vary by location. Ask your recruiter about benefits in your country.
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for or apply for one of our positions, please send an email to . In your email, please include the accommodation you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.
Operational Risk Practitioner
Posted today
Job Viewed
Job Description
- Practitioner
Place of work
- Mumbai
Business Unit
- Operational Risk Management
Function
- Enterprise Risk Management
Reporting to
- Lead - Operational Risk
**Job Purpose**:
The role entails leading the operational risk management activities at the enterprise level for the Retail Assets domain of the Bank. It will be responsible for designing/redesigning strategies to ensure effective coverage of operational risk. The role will closely collaborate with the team responsible including Business / Product Heads and Heads of Credit, Risk, Operations, Legal, and Collections to drive efficiency in Operational Risk area of the Enterprise Risk Management.
**Roles and Responsibilities**:
Support the risk and operations functions by assessing the quantum of operational risk, providing a view on the level of exposure relative to risk appetite and advising on risk mitigation for the Retail Assets function. Activities includes but not limited to
Defining of Standard Operating Procedures (SOPs), Risk Registers, KRIs and monitoring them.
Conducting the annual RCSA,
Analyzing of Incidents being reported and verifying the Corrective and Preventive actions.
Review and approve the Product Notes from the ORMD perspective.
Ensure that relevant dashboards are generated, disseminated and followed-up appropriately in adherence to defined procedures and quality standards.
Working on various projects and actionable as and when advised by the senior management.
Working on various internal projects to enhance the productivity of the department.
Suggesting and implementing the best industry practices.
**Educational Qualifications**:
Post Graduate
- CA / MBA
**Experience**:
8-12 Years preferably in Banks, Financial Institution, Consulting having exposure to Retails Assets (including Digital Lending) and related Operations.
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Operational Risk Manager
Posted 4 days ago
Job Viewed
Job Description
Role : Operational Risk Manager
Exp : 3 7 Location : Bangalore
Position Summary:
The Operational Risk Manager will be responsible for identifying, assessing, monitoring, and mitigating operational risks within the health insurance business. This role involves ensuring compliance with internal policies and external regulatory requirements, overseeing risk events, and implementing risk management frameworks to protect organizational objectives.
Key Responsibilities:
1. Operational Risk Management: Identify, assess, and monitor key operational risks across health insurance business operations. o Develop and implement risk management strategies, frameworks, and policies. o Conduct risk assessments and ensure action plans are in place to address identified risks.
2. Compliance and Regulatory Oversight: o Ensure compliance with regulatory requirements, insurance guidelines, and organizational policies. o Participate in the implementation and managing the requirements of the Risk Based Supervisory Framework. o Participate in the implementation of AML / KYC Framework o Liaise with regulatory bodies, as required, to maintain adherence to local and international risk management standards.
3. Risk Event Reporting and Analysis: o Analyze operational risk events, identify root causes, and track mitigation measures. o Maintain proper documentation and ensure timely reporting of risk events to senior management and relevant stakeholders.
4. Risk Monitoring and Testing: o Develop and oversee regular monitoring of key risk indicators (KRIs) and operational risk metrics. o Implement risk testing methodologies to identify emerging risks and assess controls' effectiveness.
5. Process Improvement: o Identify opportunities to strengthen operational processes to reduce risk exposure. o Partner with business units to design and implement controls and solutions to mitigate risk. o Drive culture of updated process documentation across the organization
6. Training and Awareness: o Conduct operational risk awareness sessions and training programs for employees. o Promote a risk-conscious culture across departments.
7. Stakeholder Engagement: o Work collaboratively with business leaders, operations, finance, compliance, audit, and IT teams to strengthen risk mitigation strategies. o Provide operational risk insights to senior management for decision-making.
8. Audit and Review Support: o Facilitate internal and external audit processes related to operational risk. o Respond to audit findings and support follow-ups.
Required Skills and Qualifications:
Education:
Bachelor's or Masters degree in Finance, Risk Management, Insurance, Business Administration, or related fields.
Experience:
Minimum 3 years of experience in operational risk management within the health insurance or financial services industry. o Proven experience with regulatory compliance, risk assessment, and risk framework implementation.
Skills :
Strong analytical, problem-solving, and data interpretation skills. o Proficiency in risk management tools, metrics, and methodologies. o Knowledge of health insurance regulations and market practices. o Proficiency in risk reporting, risk control frameworks, and internal audits.
Leadership and Communication: o Excellent interpersonal and leadership abilities to engage with cross-functional teams. o Strong verbal and written communication skills.
Preferred Qualifications:
Certification in Risk Management (e.g., FRM, CRM, or other relevant qualifications). Familiarity with digital transformation trends in health insurance and technological impacts on operational risk. Experience managing risks related to claims processing, underwriting, IT infrastructure, or fraud prevention.
Company Attributes / Personality Fit:
Ability to thrive in a fast-paced, dynamic, and diverse environment. Results-driven with a proactive, hands-on approach to problem-solving. A strategic thinker with attention to detail and a focus on collaboration. This role offers an opportunity to lead operational risk initiatives in a rapidly growing health insurance market in India, ensuring that risks are effectively managed while aligning with business growth and compliance standards.