129 Risk Assessment jobs in Mumbai
Risk Assessment & Assurance, Enterprise Risk, Vice President
Posted 15 days ago
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Job Description
We are looking for an experienced individual to lead the **RQA** **Risk Assessment & Assurance Team** in Mumbai, India.
**Business Overview**
Understanding and managing risk is the cornerstone of BlackRock's approach to responsible investing. The Risk & Quantitative Analysis (RQA) group provides independent oversight of BlackRock's fiduciary and enterprise risks. Our mission is to advance the firm's risk management practices and to deliver independent risk expertise and constructive challenge to drive better business and investment outcomes. RQA promotes BlackRock as a leader in risk management by providing independent top-down and bottom-up oversight to help identify investment, counterparty, operational, regulatory, technology, and third-party risks.
RQA is committed to investing in our people to increase both individual enablement and a strong collaborative environment. As a global group located all around the world, our goal is to create a culture of inclusion which encourages teamwork, innovation, diversity and the development our future leaders. We actively engage in discussions on career growth and work with team members to understand how personal passions and strengths connect with our purpose.
**Who We Are**
As part of the broader Thematic Risk Assessment team (TRA) within the Enterprise Risk Management group (a Second Line of Defense function), the **RQA Risk Assessment & Assurance (RAA) Team** is vital to the "true-up" understanding of our enterprise risk and control landscape, and continued confidence that our risk management processes are effective and reliable. These help provide assurance that the firm's enterprise risk management framework is adept at managing current and emerging risks, protects protecting our clients and firm, and supports the achievement of firm-wide business goals within our risk tolerance. Key stakeholders include, but not limited to, broader RQA Enterprise Risk Management teams and leaders, Enterprise Technology Risk & Control (First Line of Defense risk function), Innovation Office and Information Security, and other risk and control functions.
**What You Will Be Doing** :
Your primary responsibilities include:
+ Execute risk assurance plans that evaluate, monitor and report on the design &/or effectiveness of enterprise risk assessment programs and its activities.
+ Perform and support thematic risk assessments that evaluate enterprise risks of interest.
+ Identify, analyze, execute, and support improvements to enterprise risk assessment programs.
+ Manage the RAA Team and team members' performance.
+ Identify, dimension, and propose practical solutions for improving enterprise risk assessment programs, risk management processes, risk and control taxonomies, and risk and control assessment techniques.
+ Identify and escalate potentially systemic enterprise risk issues in a timely manner.
+ Ensure risk assessment and assurance exercises are comprehensively documented and reported.
+ Be a risk champion within the wider BlackRock business.
**What We Look For** :
As a **Team Lead** with people management responsibilities, you must have:
+ Strong risk and control assessment expertise (especially in technology &/or information security).
+ Excellent attention to detail, strong work ethics, and able to work as part of a global team and make informed risk management decisions.
+ **13+ years** of practical experience in Enterprise &/or Technology Risk Management, Business Process Engineering, Quality Assurance, or Audit (experience earned in Asset Management or Banking industry is preferred).
+ **5+ years** of experience **leading and performance managing** a team (non project-based).
+ **5+ years** of experience in **performing** risk and control assessments, quality testing, control testing, &/or IT auditing.
+ Demonstrable ability to identify and analyze process, risk and control issues, challenge the status quo, and work with cross-functional and international teams to ideate pragmatic solutions that strengthen the risk management framework.
+ Strong understanding of industry-leading practices and control frameworks (e.g. CRI Profile, NIST CSF, ISO 27001, SOC, SOX, SWIFT, and COBIT).
+ An ability to explain complex ideas &/or sophisticated technical concepts in simple but impactful terms and use effective communication to influence outcomes.
+ Familiarity with office productivity, usage of open-source frameworks and business intelligence tools, including (but not limited to) Microsoft Office, PowerBI &/or Tableau.
The following are competitive advantages that we are interested in:
+ You are a Certified in Risk & Information Systems Control (CRISC), a Certified Information Systems Auditor (CISA), &/or Six Sigma-certified.
+ You have both led and performed technology &/or business risk and control assessments.
+ You have automated control assessment activities or analytics using one or more of the following: Python, JavaScript, .NET &/or SQL.
+ Good understanding of worldwide regulatory requirements.
**Our benefits**
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
**Our hybrid work model**
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
**About BlackRock**
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock ( | Twitter: @blackrock ( | LinkedIn: is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, family status, gender identity, race, religion, sex, sexual orientation and other protected attributes at law.
DCO – Risk & Control Assessment (RCA) – AVP
Posted today
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Job Description
Description
Divisional Control Office (DCO) team ensures that the division operates with high levels of integrity. It is responsible for supporting the business by developing, implementing and maintaining a risk culture to ensure a strong and sustainable business control environment whilst minimizing risk arising from non-financial risk factors. DCO strategy includes improving the risk management information and strengthening the governance and risk culture.
The Corporate Bank (CB) DCO has functional responsibility for providing a central point of oversight over the CB Risk & Control Assessments (RCA).
This includes supporting the business by driving Risk & Control Assessment specifically focusing on Information Security (IS) / Information Technology (IT) risks in line with NFRM guidelines. RCA is a key component of the bank's non-financial risk management toolkit, to enable the effective profiling, monitoring and management of operational risks.
What we will offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
Your Key Responsibilities
Your Skills & Qualifications:
How we’ll support you
AVP/Sr Manager - AI/ML Security Risk Assessment Specialist with a Large Private Bank
Posted today
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Job Description
Job Summary
The AIML Security Risk Assessment Specialist will play a critical role in validating reports and making final risk assessments for AIML models used in various business applications and use cases. This role will work closely with the Digital Risk Management Portfolio team to ensure the security and integrity of AIML models, use case along with applications.
Key Responsibilities
- Risk Assessment: understand the business requirement, finalise the scope and perform end to end risk assessment.
- Validate reports from various sources and make final risk assessments for AIML models, considering factors such as data quality, model performance, and potential security threats.
- Conduct Security Risk assessment for GenAI models, tools, and platforms risk assessment.
- Perform in-depth risk assessments of GenAI systems and associated data pipelines, both internally developed and third party.
- Evaluate the risk profile of different model architectures (e.g. transformer-based LLMs, multimodal models) and deployment types (cloud, edge, open-source, API-based)
- AIML Model Review: Review AIML models for potential security vulnerabilities, including data poisoning, model evasion, and adversarial attacks.
- Report Analysis: Analyse reports from AIML model testing and validation teams to identify potential security risks and provide recommendations for mitigation.
- Risk Classification: Classify risks associated with AIML models and provide recommendations for risk mitigation and remediation.
- Collaboration: Work closely with cross-functional teams, including data science, engineering, and security, to ensure secure AIML system development and deployment.
- Review AIML use cases and provide assurance/feedback/confirmation on feedback.
- Reasonable understanding on LLM security, Agentic and RAG security
Required Skills
- AIML Fundamentals: Strong understanding of AIML concepts, including machine learning, pipelines, model architecture deep learning, and natural language processing.
- Secure software development and MLOps (DevSecOps Principles)
- Hands-on experience with GenAI toolkits and APIs (e.g. OpenAI, Claude, Bard, LLaMA, Hugging face transformers.
- Security Expertise: Experience with security risk assessment, threat modelling, and vulnerability management.
- Analytical Skills: Excellent analytical and problem-solving skills, with the ability to interpret complex data and reports.
- Communication: Strong communication and collaboration skills, with the ability to provide clear and concise recommendations.
Experience
- Experience with AIML Security Frameworks: Familiarity with AIML security frameworks and guidelines Gartner / NIST 100 / ISO 42001
- Knowledge of Regulatory Requirements: Understanding of regulatory requirements, such as GDPR, HIPAA, or CCPA.
- Experience with Risk Management: Familiarity with risk management frameworks and methodologies, such as NIST or ISO 27001, ISO 31000.
- Experience overall in Information & cyber security domain
- Understanding of BFSI domain so that terms like DPSC, payments ecosystem, API banking, Cloud, IAM, application security etc in context of risk assessment and management.
Education
- Bachelor's or Master's degree in Computer Science, Information Security, or related field.
- Minimum 7-15 years of experience with 2-3 years of experience* in AIML / GenAI security, risk management, or related field.
- CISA, CISM or at least AIML security certification
This job description highlights the key responsibilities and required skills for an AIML / GenAI Security Risk Assessment Specialist role. The focus is on validating reports, making final risk assessments, and providing recommendations for risk mitigation and remediation.
Risk Management
Posted 11 days ago
Job Viewed
Job Description
Department: Risk Management
Job Summary:
The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological, and regulatory risks associated with digital platforms.
Key Responsibilities:
- Risk governance
- Design and implement the risk framework for the wealth platform
- Ensure compliance with SEBI and other regulatory requirements applicable to OBPPs, stock brokers, distributors etc.
- Platform and product risk management
- Identify, assess, and mitigate risks specific to OBPP and distribution operations.
- Set up and implement risk controls for digital operations, including order placement, settlements, payment processing etc.
- Analyze risks related to suitability and appropriateness of products, mis-selling, scheme-specific risks.
- Operational risk management of Altifi platform
- Assess and mitigate operational risks in the platform.
- Build and maintain SOPs for all processes; develop and monitor KRI dashboards
- Risk reporting
- Comprehensive reporting of risk metrics, mitigation measures to all relevant stakeholders
Qualifications:
- Education: MBA or equivalent post-graduation degree with specialisation in finance, risk management, business administration, statistics or similar field. Professional qualifications such as FRM, NISM certifications etc. are added advantages
- Experience: 5-8 years of experience in risk management with at least 3 years in a leadership role. Relevant experience should be in a stock broking firm (focus on debt segment), wealth management firm, fixed income desk of Bank or NBFC.
Specific experience with OBPP preferred.
Risk Management
Posted 3 days ago
Job Viewed
Job Description
Department: Risk Management
Job Summary:
The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological, and regulatory risks associated with digital platforms.
Key Responsibilities:
- Risk governance
- Design and implement the risk framework for the wealth platform
- Ensure compliance with SEBI and other regulatory requirements applicable to OBPPs, stock brokers, distributors etc.
- Platform and product risk management
- Identify, assess, and mitigate risks specific to OBPP and distribution operations.
- Set up and implement risk controls for digital operations, including order placement, settlements, payment processing etc.
- Analyze risks related to suitability and appropriateness of products, mis-selling, scheme-specific risks.
- Operational risk management of Altifi platform
- Assess and mitigate operational risks in the platform.
- Build and maintain SOPs for all processes; develop and monitor KRI dashboards
- Risk reporting
- Comprehensive reporting of risk metrics, mitigation measures to all relevant stakeholders
Qualifications:
- Education: MBA or equivalent post-graduation degree with specialisation in finance, risk management, business administration, statistics or similar field. Professional qualifications such as FRM, NISM certifications etc. are added advantages
- Experience: 5-8 years of experience in risk management with at least 3 years in a leadership role. Relevant experience should be in a stock broking firm (focus on debt segment), wealth management firm, fixed income desk of Bank or NBFC.
Specific experience with OBPP preferred.
Risk Management
Posted today
Job Viewed
Job Description
Department: Risk Management
Job Summary:
The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological, and regulatory risks associated with digital platforms.
Key Responsibilities:
- Risk governance
- Design and implement the risk framework for the wealth platform
- Ensure compliance with SEBI and other regulatory requirements applicable to OBPPs, stock brokers, distributors etc.
- Platform and product risk management
- Identify, assess, and mitigate risks specific to OBPP and distribution operations.
- Set up and implement risk controls for digital operations, including order placement, settlements, payment processing etc.
- Analyze risks related to suitability and appropriateness of products, mis-selling, scheme-specific risks.
- Operational risk management of Altifi platform
- Assess and mitigate operational risks in the platform.
- Build and maintain SOPs for all processes; develop and monitor KRI dashboards
- Risk reporting
- Comprehensive reporting of risk metrics, mitigation measures to all relevant stakeholders
Qualifications:
- Education: MBA or equivalent post-graduation degree with specialisation in finance, risk management, business administration, statistics or similar field. Professional qualifications such as FRM, NISM certifications etc. are added advantages
- Experience: 5-8 years of experience in risk management with at least 3 years in a leadership role. Relevant experience should be in a stock broking firm (focus on debt segment), wealth management firm, fixed income desk of Bank or NBFC.
Specific experience with OBPP preferred.
Risk Management
Posted today
Job Viewed
Job Description
Job description
JD RMS EXECUTIVE
Roles and responsibilities
:
· Cross checking BOD for All segments before Market Start.
· Making Activation and Deactivation of Trading Terminal and Investor client.
· Ability to resolve queries on a day to day basis.
·
Keeping Monitoring on Additional Surveillance Margin (ASM) and reporting to HOD.
· Blocking GSM and Illiquid scrip on Time to Time in the Trading system.
·
RMS Blocking for Debit, RMS Blocking for Far month Contract, RMS Blocking for
Illiquid scrip.
· Keeping track of MTM Alert violation, MTM net position & Square off the open position
once MTM Loss get triggered.
· Responsible for squaring off all the intraday position through Timer Square off for all
segments.
· Supervision of Limit assigned to the clients (Base Limit and Intraday limits).
· Coordination with different teams.
· Surveillance of Script Wise & Client wise Position, Simulated Trade, Script concentration
etc.
· Track on Tender period contract in all Segments, Whole process of Straggled Delivery
Mechanism.
· Successfully Implementation Exchange & Depository Related Compliances.
· Enhance Supervisor Reporting, Client fund, Collateral, Security Balance (Weekly's).
· Daily Margin Reporting for all Segments.
· Quarterly Settlement of A/Cs & Dormant & Inactive Process & CTCL Empanelment.
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Risk Management
Posted 11 days ago
Job Viewed
Job Description
Department: Risk Management
Job Summary:
The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological, and regulatory risks associated with digital platforms.
Key Responsibilities:
- Risk governance
- Design and implement the risk framework for the wealth platform
- Ensure compliance with SEBI and other regulatory requirements applicable to OBPPs, stock brokers, distributors etc.
- Platform and product risk management
- Identify, assess, and mitigate risks specific to OBPP and distribution operations.
- Set up and implement risk controls for digital operations, including order placement, settlements, payment processing etc.
- Analyze risks related to suitability and appropriateness of products, mis-selling, scheme-specific risks.
- Operational risk management of Altifi platform
- Assess and mitigate operational risks in the platform.
- Build and maintain SOPs for all processes; develop and monitor KRI dashboards
- Risk reporting
- Comprehensive reporting of risk metrics, mitigation measures to all relevant stakeholders
Qualifications:
- Education: MBA or equivalent post-graduation degree with specialisation in finance, risk management, business administration, statistics or similar field. Professional qualifications such as FRM, NISM certifications etc. are added advantages
- Experience: 5-8 years of experience in risk management with at least 3 years in a leadership role. Relevant experience should be in a stock broking firm (focus on debt segment), wealth management firm, fixed income desk of Bank or NBFC.
Specific experience with OBPP preferred.
Risk Management
Posted today
Job Viewed
Job Description
Department: Risk Management
Job Summary:
The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological, and regulatory risks associated with digital platforms.
Key Responsibilities:
- Risk governance
- Design and implement the risk framework for the wealth platform
- Ensure compliance with SEBI and other regulatory requirements applicable to OBPPs, stock brokers, distributors etc.
- Platform and product risk management
- Identify, assess, and mitigate risks specific to OBPP and distribution operations.
- Set up and implement risk controls for digital operations, including order placement, settlements, payment processing etc.
- Analyze risks related to suitability and appropriateness of products, mis-selling, scheme-specific risks.
- Operational risk management of Altifi platform
- Assess and mitigate operational risks in the platform.
- Build and maintain SOPs for all processes; develop and monitor KRI dashboards
- Risk reporting
- Comprehensive reporting of risk metrics, mitigation measures to all relevant stakeholders
Qualifications:
- Education: MBA or equivalent post-graduation degree with specialisation in finance, risk management, business administration, statistics or similar field. Professional qualifications such as FRM, NISM certifications etc. are added advantages
- Experience: 5-8 years of experience in risk management with at least 3 years in a leadership role. Relevant experience should be in a stock broking firm (focus on debt segment), wealth management firm, fixed income desk of Bank or NBFC.
Specific experience with OBPP preferred.