1,055 Risk Management jobs in India

We are seeking an experienced
Risk Management Consultant
with strong expertise in
Governance, Risk & Compliance (GRC), NIST Cybersecurity Framework (CSF), and NIST controls
. The consultant will be responsible for
planning, implementing, and monitoring enterprise risk management strategies
to ensure compliance, security resilience, and alignment with business objectives.

1. Risk Planning & Strategy

• Develop and implement Enterprise Risk Management (ERM) frameworks aligned with NIST CSF, NIST 800-53, ISO 31000, and regulatory requirements.
• Define
  risk appetite and tolerance
  in collaboration with executive leadership.
• Create
  risk management roadmaps, timelines, and policies
  .

2. Risk Assessment & Analysis

• Conduct enterprise-wide
  risk assessments and gap analyses
  (cybersecurity, compliance, operational).
• Maintain and update
  risk registers, heat maps, and mitigation strategies
  .
• Perform
  Business Impact Analysis (BIA)
  and threat modeling exercises.

3. Control Implementation & Compliance

• Map organizational controls to
  NIST 800-53, ISO 27001, HIPAA, PCI DSS
  and other regulatory frameworks.
• Develop and maintain
  System Security Plans (SSPs)
  ,
  POA&Ms
  , and compliance documentation.
• Support
  internal/external audits
  and provide evidence for regulatory assessments.

4. Governance, Risk & Compliance (GRC)

• Assist in GRC tool implementation and automation of compliance monitoring.
• Provide governance structures, policies, and processes for effective risk management.
• Conduct
  vendor risk management assessments
  and third-party compliance reviews.

5. Monitoring, Reporting & Training

• Establish
  Key Risk Indicators (KRIs)
  and
  Key Performance Indicators (KPIs)
  .
• Deliver
  executive dashboards, board reports, and compliance scorecards
  .
• Conduct risk awareness training,
  tabletop exercises, and incident simulations
  .

Qualifications & Skills

• Proven experience in
  Risk Management, GRC, or Cybersecurity Compliance Consulting
  .
• Strong knowledge of
  NIST CSF, NIST 800-53, ISO 27001, and regulatory frameworks
  .
• Experience with
  risk assessment methodologies, BIA, and threat modeling
  .
• Ability to draft and implement policies, frameworks, and compliance documentation.
• Familiarity with
  GRC tools
  (RSA Archer, ServiceNow GRC, MetricStream, or similar).
• Excellent communication, stakeholder management, and advisory skills.
• Relevant certifications preferred:
  CISSP, CISA, CRISC, CISM, CGEIT, ISO 27001 LA/LI
  .

Engagement Benefits

• Work on projects with
  global clients in BFSI, Healthcare, and FinTech sectors
  .
• Flexible
  remote or hybrid work model
  .
• Opportunity to provide
  end-to-end consulting
  from strategy planning to execution.

Feel free to write on

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.

Nomura Overview:

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit

Nomura Services, India supports the group's global businesses. With world-class capabilities in trading support, research, information technology, financial control, operations, risk management and legal support, the firm plays a key role in facilitating the group's global operations.

At Nomura, creating an inclusive workplace is a priority. Our approach to inclusion encompasses a variety of initiatives, including sensitization campaigns, implementing conducive policies & programs, providing infrastructure support and engaging in community events. Over time, we have made meaningful progress in these areas, and this commitment has been well-recognized across the industry. We are proud recipients of the prestigious Top 10 Employers award by the India Workplace Equality Index (IWEI), IWEI Gold Employer of Choice awards, India CSR Leadership Award 2024 for Holistic Village Development Program and the YUVA Unstoppable Changemaker Awards.

Divisional Overview:

The Risk Management Division encompasses the firm's comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm's risk-return profile which ensures the efficient deployment of the firm's capital. It is one of the firm's core competencies and is independent of the trading areas and operational areas. The Risk Management Division in India comprises:

• Market Risk Management
• Credit Risk Management
• Model Risk Management
• Operational Risk Management
• Data Integrity Group

Department Overview: Model Risk Management

Within Nomura's Risk Management division, Model Risk Management (MRM) is responsible for maintaining and executing the firm's Model Risk Management Framework. With team members based across multiple global locations, MRM operates as a single, integrated function where all members contribute equally to projects. MRM is structured into two key areas: Model Validation and Model Governance. Model Governance manages the Model Risk Framework, Model Inventory, and Model Risk Reporting processes. The team also oversees supporting technology, develops and monitors risk and performance indicators, coordinates regulatory communications, drives cross-functional initiatives, designs policies and procedures, and carries out business management responsibilities for the function. Model Validation ensures the integrity and robustness of models across a wide range of areas, including Risk, Valuation, Algorithmic Trading, Finance, Compliance and Artificial Intelligence among others.

What We Offer:

• We support employee wellbeing by ensuring a sense of purpose and belonging.
• We offer a comprehensive range of wellbeing services which allows employees to get access to the assistance they need at any point in their wellbeing journey.
• Our bespoke benefits support employees and their family's holistic wellbeing and are inclusive of diverse identities and family structures.

Position Specifications:

Corporate Title: AVP/Senior Associate/Associate

Functional Title: Global Business Manager

Experience: 5 years+

Qualification: Strong University degree

Role & Responsibilities:

The
Global Business Manager
will play a central role in overseeing global operational activities and supporting the delivery of strategic initiatives within the Model Risk function. This role requires a proactive and solutions-oriented individual who can work across regions, collaborate with senior stakeholders, and manage both strategic projects and day-to-day business operations.

The successful candidate will be highly organised, detail-oriented, and able to challenge and influence senior stakeholders.

Business & Operational Management

• Act as the primary business manager for the Global Model Risk function, ensuring smooth delivery of day-to-day operations and execution of strategic priorities.
• Manage budgets, expenses, invoices, purchase orders, and vendor contracts (including due diligence, service-level reviews, vendor risk management and consultant onboarding).
• Support recruitment and talent processes by liaising with HR on job specifications, interview coordination, and pipeline management.
• Oversee onboarding for new joiners and contractors, ensuring system access, IT setup, and business integration.
• Maintain and update organisational charts and inter-departmental/Legal Entity SLAs, ensuring alignment and audit-readiness.
• Own and regularly update the department's Business Continuity Plans (BCPs).

Governance & Risk

• Represent Model Risk in internal governance and risk forums (e.g. Risk Working Groups, Operational Risk & Control forums, Information Security/Framework discussions).
• Act as End User Computing (EUC) Coordinator for Model Risk, ensuring compliance with heightened standards, supporting adoption of new tools, and attending working groups.
• Coordinate and maintain the function's Risk and Control Self-Assessment (RCSA) register, ensuring risks/controls are accurately captured.
• Liaise with Internal Audit (IA) and update systems (e.g., Connected Risk), ensuring timely responses to reviews.
• Support and prepare for internal/external audits, regulatory reviews, and other oversight functions.

Strategic & Project Delivery

• Support the Head of Model Risk Governance and the Head of Model Risk Management in designing, implementing, and optimising the Target Operating Model for Model Risk Management.
• Provide project management support across global initiatives, including resource allocation, milestone tracking, and executive reporting.
• Lead specific departmental initiatives (e.g., clean-up of legacy systems, email groups, confluence, streamlining of reporting obligations, efficiency improvements).
• Support decision-making through preparation of high-quality analysis, reporting, and presentations for senior management, regulators, and forums.
• Coordinate departmental contributions to wider firm initiatives (e.g., budget submissions, planning processes, regulatory requests).

Mind Set

• Strong background in business management, risk management, or financial services operations, preferably within a Model Risk or Risk Management function.
• Excellent communication and influencing skills, with experience engaging senior stakeholders, regulators, and cross-functional teams.
• Analytical mindset with the ability to prepare clear and impactful presentations and recommendations.
• Detail-oriented, proactive, and capable of identifying operational efficiencies and control enhancements.
• Knowledge of model risk processes, governance, or risk frameworks (desirable).
• Familiarity with audit, compliance, and regulatory engagement processes.

Technical

• Strong project management skills with the ability to deliver multiple initiatives simultaneously.
• Experience using Risk Management tools such as model inventory, RCSA etc

We are committed to providing equal opportunities throughout employment including in the recruitment, training and development of employees. We prohibit discrimination in the workplace whether on grounds of gender, marital or domestic partnership status, pregnancy, carer's responsibilities, sexual orientation, gender identity, gender expression, race, color, national or ethnic origins, religious belief, disability or age.

*Applying for this role does not amount to a job offer or create an obligation on Nomura to provide a job offer. The expression "Nomura" refers to Nomura Services India Private Limited together with its affiliates.

*The benefits are subject to change and will be in accordance with Company's policies as may be applicable from time to time).

About Us

Moder, formerly known as Archwell Operations, is a part of Archwell Holdings founded in 2017. We are a tech forward outsourcing company specializing in supporting the US Mortgage, Insurance, and Banking industries. We specialize in end-to-end component-based outsourcing, managing one-off projects to become an extension of the customer service or operations team. Our team is built on industry expertise and provides the traction clients need to grow their company.

Equipped with diverse tools, platforms, solutions, and services we strive to work towards our mission to positively impact the financial health of companies by powering in-house processes using top talent, workflow best practices, and progressive technology.

Link -

Job Role:

• Oversight & monitoring on market/ financial risks & related portfolio management e.g., status of investments, policy gapping, risk appetite monitoring etc.
• Transaction (buying loans or pools of loans) due diligence and oversight, along with downstream performance tracking e.g., capital adequacy (financial reserves etc.)
• Manage operational risk risk assessments, key risk indicator reporting, issues management
• Understanding and usage of models & model risk; Risk aggregation & Reporting
• Monitors cash flows and liquidity, inclusive of ongoing capital stress testing, portfolio investment activities, analyzing market trends and evaluating and providing credible challenge

Experience & Qualifications:

• CFA/MBA in Finance with at least years of experience in capital markets, risk management etc. managing financial/market risk in mortgages/mortgage servicing
• Data & Analytical skills, good communication and relationship management skills
• Ability to be nimble and flexible, to undertake any risk management initiatives and guide them from start to finish
• Strong problem-solving skills, professionalism, producing high quality results, and meeting deadlines

• Unassailable ethics, personal values, and integrity
  • Unassailable ethics, personal values, and integrity.

• The candidate should be comfortable to work in night shift

• Candidate should be comfortable to Work from Office
• Two-way cab facility will be provided
• Immediate to 30 days' Notice Period candidate are preferred

Company Name - Anand Rathi Global Intermediaries Limited (Stock Broker)

Company Overview

We are a SEBI-registered Trading Member and Self-Clearing Member with a focus on institutional broking, proprietary trading, and promoter group trading activities.

Role Overview

The Risk Manager leads the development, implementation, and oversight of risk management policies and daily surveillance in a prop and institutional desk environment. This individual will be responsible for real-time risk controls, regulatory margin management, exposure monitoring, and limit enforcement across all firm and group trading activities.

Key Responsibilities

• Develop and implement comprehensive risk management frameworks and processes for prop, institutional, and promoter trades
• Monitor exposures, P&L, and real-time risk across trading desks; implement controls to ensure compliance with SEBI, Exchange, and internal policies
• Oversee margin management, position limits, scrip profiling, and fund allocation in alignment with regulatory and internal risk norms
• Perform stress testing, scenario analysis, and risk analytics for large and complex positions/trades
• Supervise surveillance of all client and group trades to detect anomalies, trigger alerts, and enforce action as per policy
• Collaborate with front office, compliance, and technology teams to ensure system readiness for risk capture and reporting
• Conduct regular reviews of risk management systems, participate in audits, and enhance processes in line with best practices
• Ensure timely regulatory and internal risk reporting; present key risk exposures and action plans to management
• Train desk and ops teams in risk awareness, policy updates, and compliance practices

Candidate Requirements

• Graduate/Postgraduate with 5–10 years’ experience in risk management for institutional/prop broking.
• Advanced understanding of capital market risk controls, margin management, position/limit monitoring, and risk reporting
• Familiar with exchange systems (e.g., NMASS, OFS Portals), scrip/client profiling, and risk system tools
• Analytical with hands-on skills in scenario analysis, stress testing, and exposure surveillance
• Strong regulatory knowledge: SEBI, NSE/BSE, clearing and settlement framework, internal controls
• Excellent communication, technology acumen, and cross-team coordination
• FRM/CFA/NISM series or equivalent risk certifications

Company Name - Anand Rathi Global Intermediaries Limited (Stock Broker)

Company Overview

We are a SEBI-registered Trading Member and Self-Clearing Member with a focus on institutional broking, proprietary trading, and promoter group trading activities.

Role Overview

The Risk Manager leads the development, implementation, and oversight of risk management policies and daily surveillance in a prop and institutional desk environment. This individual will be responsible for real-time risk controls, regulatory margin management, exposure monitoring, and limit enforcement across all firm and group trading activities.

Key Responsibilities

• Develop and implement comprehensive risk management frameworks and processes for prop, institutional, and promoter trades
• Monitor exposures, P&L, and real-time risk across trading desks; implement controls to ensure compliance with SEBI, Exchange, and internal policies
• Oversee margin management, position limits, scrip profiling, and fund allocation in alignment with regulatory and internal risk norms
• Perform stress testing, scenario analysis, and risk analytics for large and complex positions/trades
• Supervise surveillance of all client and group trades to detect anomalies, trigger alerts, and enforce action as per policy
• Collaborate with front office, compliance, and technology teams to ensure system readiness for risk capture and reporting
• Conduct regular reviews of risk management systems, participate in audits, and enhance processes in line with best practices
• Ensure timely regulatory and internal risk reporting; present key risk exposures and action plans to management
• Train desk and ops teams in risk awareness, policy updates, and compliance practices

Candidate Requirements

• Graduate/Postgraduate with 5–10 years’ experience in risk management for institutional/prop broking.
• Advanced understanding of capital market risk controls, margin management, position/limit monitoring, and risk reporting
• Familiar with exchange systems (e.g., NMASS, OFS Portals), scrip/client profiling, and risk system tools
• Analytical with hands-on skills in scenario analysis, stress testing, and exposure surveillance
• Strong regulatory knowledge: SEBI, NSE/BSE, clearing and settlement framework, internal controls
• Excellent communication, technology acumen, and cross-team coordination
• FRM/CFA/NISM series or equivalent risk certifications

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.