157 Risk Assessments jobs in Mumbai

Role & responsibilities

KEY RESPONSIBILITIES/ ACCOUNTABILITIES:

1. Independently conduct process audits and process reviews across various business functions
2. Anticipate potential risk events, perform risk assessments, and identify appropriate control measures
3. Monitor the progress of risk mitigation action plans to ensure timely reduction of identified risks and closure of open issues
4. Periodically evaluate and monitor the design and operating effectiveness of key controls to manage business risks
5. Ensure timely completion of control self-assessments, functional assurance activities, and process reviews as per the approved plan
6. Review detailed reports and submit consolidated summary reports on compliance status and progress of action items.
7. Actively participate in and support organisation-wide risk management awareness initiatives and communication drives.
8. Lead and facilitate the implementation of identified process improvement initiatives to enhance operational efficiency and risk management practices.

Educational Qualifications: MBA / CA / CMA / Semi Qualified CA.

Experience: More than 5- 8 years post qualification experience.

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.

*Position Title: *
Associate – Investment Risk Management
Location:
Mumbai, India

Department:
Morgan Stanley Investment Management (MSIM)

*Department Overview *
Morgan Stanley Investment Management (IM), along with its advisory affiliates, manages over USD 1.6 trillion in assets globally (as of June 30, 2025).

*Role Summary *
This role is within the Mumbai-based Investment Risk Management. The successful candidate will contribute to both fund risk management initiatives, including but not limited to fund risk reporting, analysis, and monitoring. This role also involves active participation in portfolio hedging programs and advanced risk analytics, including sensitivities and Greeks. The candidate will work closely with investment, trading, and operational teams to ensure robust risk oversight, regulatory compliance, portfolio hedging and rebalancing and other related objectives.

*Key Responsibilities
Fund Risk Management *

• Good knowledge and experience in Asset Management and Hedge Fund styles.
• Conduct regular risk reporting, including Value-at-Risk (VaR) backtesting, stress testing, and scenario analysis.
• Monitor risk exposures across multi-asset classes and ensure alignment with fund mandates and regulatory limits.
• Ensure compliance with UCITS and AIF regulations (UCITS knowledge is a strong plus).
• Produce periodic board and regulatory reports, highlighting risk metrics and compliance breaches.
• Develop and maintain comprehensive investment risk and compliance framework tools.

Portfolio Hedging & Rebalancing

• Execute and monitor Portfolio hedging programs for Global Markets, Multi-asset portfolios.
• Minimize basis risk and ensure efficient trade execution for swap basket rebalancing.
• Collaborate with traders to optimize portfolio hedging strategies using derivatives.
• Analyze and report on portfolio sensitivities including delta, gamma, vega, Beta, and other Greeks.

Cross-functional Collaboration

• Partner with various investment, operational, etc. teams to support risk activities of all funds under coverage in accordance with local and global regulations.
• Participate in board meetings and communicate risk findings and strategic insights.
• Support fund and strategy research initiatives.

*Required Skills & Experience *

• Master's degree in a quantitative discipline (Mathematics, Quantitative Finance, Economics, Engineering, etc.).
• CFA, FRM (completed) level 1 onwards is a plus.
• 2–4 years of experience in finance, preferably in trading, risk, or investment management.
• Strong understanding of financial instruments and derivatives pricing (futures, swaps, options).
• Excellent understanding about various asset classes including Equities, Fixed Income, derivatives, swaps, FX, Commodities.
• Good understanding of fund strategies and hedging styles.
• Proficiency in financial market tools like Bloomberg, Aladdin is preferred.
• Proficiency in coding, data processing & visualization tools like SQL, Python, PowerPoint, Excel, VBA is preferred.
• Solid grasp of portfolio and risk concepts including VaR, stress testing, and derivatives sensitivities.
• Experience with European fund regulations (UCITS/AIF) is highly desirable.
• Excellent analytical, organizational, and communication skills.
• Ability to thrive in a fast-paced, collaborative environment.
• Good understanding about various asset classes including Equities, Fixed Income, derivatives, swaps, FX, Commodities.

What You Can Expect From Morgan Stanley
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste into your browser.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

Responsibilities :

1. Risk Identification

1.1 Support in Designing the Branch Risk Review module and Risk ScoreCard.

1.2 Monitoring and Guiding the Regional Risk Managers (RRM) for Branch Risk

Assessments in the Regions on following aspects:

1.2.1 Process Risks, People Risk and Systems Risk

1.2.2 Business Continuity Management

1.2.3 Information Security

1.3 Visiting few Branches / Regions across PAN India for Risk Assessments and identifying

Process Risks, People Risk and Systems Risk, Info Sec Assessment and BCM

assessment.

1.4 Checking cases on the basis of information received from Industry.

2. Risk Evaluation

2.1 Evaluation of Identified Risks from Branch Risk Assessments.

2.2 Root Cause Analysis of Identified Risks.

2.3 Approval of observations Identified during the Branch Risk Assessments.

2.4 Analysis of identified Risks and interdepartmental coordination with respective Risk

Owner for mitigation.

2.5 Checking cases on the basis of Industry Information.

2.6 Support in Evaluation of the BCM Star assessment done by the RRMs.

3. Risk Treatment & Monitoring

3.1 Derive inferences from the identified Risks and propose suitable mitigation plan.

3.2 Follow up with respective departments for suggested process changes.

3.3 Ensuring prompt implementation of the actionable of inter departments.

3.4 Manage and coordinate with RRMs and CRM Team for Sales Audit calls to the

customers wherein mis-selling complaints are registered.

3.5 Coordinating with RRMs for timely closure of Branch Risk Assessment Reports.

4. Monthly Reporting / Dashboards

4.1 Maintaining & analysis of RCU data bank and dashboard.

4.2 Preparation of Monthly report for publishing to Regional Risk Managers.

4.3 Monthly dashboard on Risk Champion Scorecard.

5. Internal Control

5.1 Alignment of Branch Risk Assessment to the ISO standards viz ISO 31000, ISO 22301

& ISO

5.2 UAT of development / enhancement of Risk Control Module in Operational Risk

Management System.

5.3 Branch Risk Profiling based on various parameters.

6. Implementation of Risk Management Initiatives at Region

6.1 Supporting RRMs in implementation of Risk Management initiatives across all SBIL

Internal Offices by Regional Risk Managers.

7. Risk Awareness in the Region

Support in Designing the training program and creating awareness module for various

risk awareness sessions conducted by RRMs.

8. Ad Hoc Projects / Activities

Contribution towards various Risk Based Projects / Activities like DRM Implementation,

Risk Maturity Assessment, Organizational Resilience, BCM practices in Region, Creation

of Risk Register for Region etc.

Preferred technical skills

ISO 22301, ISO 31000, ISO 27001 and Other Risk Management Related Certifications.

Location: Navi Mumbai. (Should be open to be deployed at customer location)

Certifications: Candidates with ISO 27001 Lead Auditor, CISA, CISM, or CISSP, or are working toward certification are preferred.

Experience: Min. 2-4 years

Key Responsibilities:

1. Perform risk assessment, control testing and audits in accordance with standards such as ISO/NIST.

2. Develop comprehensive project plans outlining scope, objectives, timelines, and resource requirements for carrying out audits and assessments.

3. Experience in managing and delivering risk, compliance & audit programs.

4. Document policies & procedures in line with regulatory compliance and risk management requirements.

5. Ensure quality delivery as per customer requirements.

6. Manage security standards, policies, and practices on a periodic basis to make sure they meet corporate demands.

7. Understanding of the various standards in the information risk and compliance domain, including relevant regulatory compliance requirements.

Skills Required:

1. Minimum 2 years of experience in independently conducting IT risk assessments and audits.
2. Experience in creating and publishing audit reports and dashboards.
3. Basic understanding of Cyber Security / Information Security standards such as ISO 27001:2013, NIST, SOC2 etc.
4. Good knowledge of IT Risk Management and Auditing principles.
5. Excellent communication, leadership, and interpersonal skills.
6. Ability to work collaboratively with clients and internal stakeholders.
7. Analytical mindset with problem-solving skills and attention to detail

Job Purpose

This role is envisaged to operationalize various aspects related to Risk review, control and monitoring. Market Risk monitoring The role is to ensure strict adherence to various regulatory guidelines and BASEL requirements related to credit risk Review & Monitoring function. This role also envisages monitoring various aspects related to market risk including regulatory requirements. It would also include assisting the Chief Risk Officer (CRO), India on various aspects of credit, market risk and operational risk.

Key Result Areas

Credit Risk
– Review, Monitoring & Control: Assist Chief Risk Officer (CRO), India in review of credit proposals and ensure that the business and customers are within credit risk guidelines laid down by the Head Office.

Ensuring the appropriateness of credit rating assigned to counterparties as per H.O. requirements. Undertake peer group comparison and industry / sector analysis. Make customer calls as and when needed to assess borrower's credit worthiness.

On-going monitoring of credit portfolio through early warning signals like share price, adverse industry / company information. Pro-active identification of potential weak credits to ensure maintaining credit quality and minimizing credit cost / losses.

On-going monitoring of system reports to identify irregularities including overdrawing and overdue. Escalating the same to senior management Assisting CRO, India in drafting changes / modification in local credit policies and procedures (i.e - based on changes in local regulatory – RBI guidelines). Monitoring / exercising due date control to ensure timely submission of annual review of credit lines and rating.

Use Monitoring of RBI - local regulatory requirements including prudential norms to ensure adherence to- Single & Group Borrower norms, Large exposures, Sectoral / Industry limits, PSL, Country/Bank limits. Preparation of presentation material for Risk Management Committee meetingsincluding credit portfolio reports.

Vetting of loan / security documents including sanction letters. Periodic checks to ensure adherence to covenants and credit conditions as stipulated in related loan agreements.

Market Risk:
Assist Chief Risk Officer (CRO), India in 'Market Risk management' within Mumbai branch independent of dealing / trading (front) and dealing back office functions. On-going monitoring of various limit's both internal (HO) and regulatory (RBI) with respect to dealing activities (FOREX & Money Market).

Monitoring of various prudential limits and ratios pertaining to market risk. Assist CRO, India in implementation of Regulatory guidelines related to BASEL implementation related to market risk. Prepare MIS reports including presentations related to market risk for Asset Liability Committee (ALCO) and Risk Management Committee (RMC).

Assist CRO, India during Annual Regulatory (RBI) inspection, statutory and internal audits. Assist CRO India in drafting policies and procedures related to Market risk.

ICAAP reporting and stress testing related to relevant risk.

Ensuring implementation of BASEL norms for credit and market risk as prescribed by local regulator – RBI.

Operational Risk:
Reviews of Risk Registers, conducting RCSAs, undertaking BIA/BCP and other Operation Risk management issues.

All other activities/assignments, as may be assigned by CRO/CEO India in line with Business need.

Operating Environment, Framework and Boundaries, Working Relationships

The function will be independent from the business units and is part of the bank's risk management function.

The role, however, requires a high level of interaction and working relationship with front office, back office, Finance & Reporting functions.

Problem Solving

High level of understanding of various aspects related to credit risk monitoring. The role also requires flexibility and a positive business approach to support trading / dealing activities of Mumbai branch.

Decision Making Authority & Responsibility

The Job holder will be responsible in assisting the CRO, India to ensure highest level of credit quality for the loan portfolio of Mumbai branch. He has to ensure adherence to sanction terms. The job holder is responsible for spotting credit weakness, irregularities and alerting front office for corrective action. The job holder will be responsible to assist CRO, India in implementation of various regulatory guidelines pertaining to market and operation risk including BASEL requirements. The job holder will be responsible in on-going monitoring of market and ops risk including prudential limits, ratios and related functions.

Knowledge, Skills and Experience

Minimum 8-10 years' experience in risk management in a bank in India. University Graduate & Masters Qualifications in Finance / Chartered Accountancy (CA). Advanced credit skills broad understanding on credit rating process. Excellent written / verbal communication skills. Adequate knowledge on RBI regulations related to corporate lending. Working awareness on loan documentation and various loan / credit products. Proficiency in quantitative and financial techniques / skills.

Manage and maintain the Commodity Risk Management System (RMS) for accurate risk tracking.

Conduct UAT testing for system related changes of Risk Management

Monitor risk limits and ensure compliance with internal risk policies and regulatory requirements.

Coordination and Communication with various stake holders such as Compliance, Product, IT, CS and Operations on Risk related matters

Stay updated with market trends, risk methodologies, circulars, and regulatory changes.

Handle Audit process by supporting and assisting in providing data and replying to queries

Handle Allocation and Reporting of Funds

Handle daily activities of Risk Management and participate in Mock sessions.

Work Level
: Middle Management

Core
: Collaboration

Leadership
: Training

Role
: Operational Risk Management

Industry Type
: Banking

Function
: Banking Operations

Key Skills
: Credit Risk,Credit Operation,SSIS Package,Governance, risk and compliance (GRC),Risk Control

Education
: Graduate

Note: This is a requirement for one of the Workassist Hiring Partner.

Roles & Responsibility:

Acting as the first line of defense, following are the key deliverables/tracks for the role, where the candidate will assist his/her leader in achieving the aforesaid objective:

1. Act as the Operations Risk Manager, managing operational risks & events

a) Support UORM in managing the Operational Risk Landscape

b) Support UORM in ensuring the Ops Risk and Governance framework in complied

c) Integrate the Ops Risk, Regulatory Risk, Governance framework across the branches network

d) Review and ensure approvals are obtained for deviations from corporate operational risk policies and standards

e) Co-ordinate audit and regulatory inspections

f) Analyzing and reporting operational risk events, loss trends and root cause to CBG (Consumer Banking Group) / Support Unit management and relevant risk and control committees

1. Product/ Process Risk reviews

a) Facilitate NPA review and approval process for CBG products within the Country and Regional stakeholders

b) Identification and running of theme-based reviews of the processes from Controls perspective

1. Risk and Control Self-Assessment

a) Identify/update the scope of RCSA to be completed for CBG India, eLVB & DBIL

b) Plan and implement the RCSA program across all areas within CBG

c) Provide guidance on identifying and assessing inherent/net/residual risks and aligned internal controls

d) Validate RCSA against actual risk event losses, KRI trends, audit and regulatory inspections

Company Description

Workassist is an online recruitment and employment solution platform based in Lucknow, India. We provide relevant profiles to employers and connect job seekers with the best opportunities across various industries. With a network of over 10,000+ recruiters, we help employers recruit talented individuals from sectors such as Banking & Finance, Consulting, Sales & Marketing, HR, IT, Operations, and Legal.

We have adapted to the new normal and strive to provide a seamless job search experience for job seekers worldwide. Our goal is to enhance the job seeking experience by leveraging technology and matching job seekers with the right employers.

For a seamless job search experience, visit our website:

(Note: There are many more opportunities apart from this on the portal. Depending on the skills, you can apply for them as well).

So, if you are ready for a new challenge, a great work environment, and an opportunity to take your career to the next level, don't hesitate to apply today. We are waiting for you