10 Risk Management jobs in Kolkata
Claims & Risk Management
Posted today
Job Viewed
Job Description
To handle client claims with respect to commercial claims (non-health) & (non-motors) for clients of the Kolkata location, to ensure the highest standards of client satisfaction towards making Salasar the preferred insurance broking house for clients.
Job Responsibilities:
Financial
- Contribute to renewal portfolio expansion through
relationship building with the insurance companies and surveyors to ensure optimum claim settlement in minimum time
During processing of claim analyze the following and communicate to underwriters:
- adequacy of coverage wrt. location specifications e.g. Earthquake /flood etc.
- adequacy of sum insured
- anomalies in the policy
- scope of additional policies
- other related information
- Control expenses
Business Process
- Facilitate proper settlement of the claim in the shortest possible time to the satisfaction of the client by ensuring the following:
- Obtain complete information of loss from client after initial intimation
- Submit intimation to insurance company for
Registration of claim
Allocation of surveyor
- Follow up for deputation of surveyor
- In case of big losses, ensure Salasar representative accompanies surveyor to understand nature and extent of loss and give client indication of documents required
- Intimate documents requirement to client
- Obtain LOR (List of requirements) from Surveyor
- Match LOR with Salasar requirement already taken from client and take rest of documents
- Once documents are received, check exclusions in fine print and prepare the draft reply from client submitted to insurance company
- Follow up with client for repair and reinstatement for early completion and help in documentation of estimate, contractor details, expenses etc. so that surveyor gets structured inputs for preparation of the survey report
- Follow up with surveyor for completion of assessment
- Communicate surveyors comments to client in terms of estimate and exclusion and arrange meeting between surveyor and client to resolve differences to obtain client assessment
- Ensure surveyors report is submitted at the earliest
- Follow up with insurance company for early settlement of claim
- Obtain settlement voucher from insurance company and forward to client
- Get discharge of client (signoff) and submit to insurance company for disbursement
- Update each step in SAIBA on real time basis and ensure due IRDA compliance
- Ensure resolution of all complex technical issues in claims and timely escalation of the same for quick disposal of the claim
Customer
- Support the marketing department in obtaining new business and ensuring best possible coverage for client, talk to technical dept of client to understand which risks need to be covered, type of production (continuous/ batch)
- Reopen claims in case of new businesses and follow up to obtain claims after reopening of file by insurance company if repudiation is not time barred
- Participate in fortnightly meetings to give updates to the business development and client servicing teams on the status of claims in order that they are updated about the same before meeting client for renewals
- Interface with clients to reinforce relationship with existing clients
- Prepare and submit daily / monthly reports on status of claims
People Growth
- Acquire product knowledge and always keep self-updated with latest variations in product offerings
- Attend training sessions (external/ internal) and working on on-job assignments to implement new learning
- Conduct training sessions for marketing team as well underwriting and claims teams to build product knowledge across functions
- Set objectives, review and evaluate performance periodically and give feedback
- Review pending work and initiate action
Perform all such duties which are required to be performed by this position in an insurance broking house in general course and to perform all such duties and carry out all such responsibilities so delegated or asked to be performed by the Designated Authority from time to time
Interested Candidates can send their resumes to
Senior Quantitative Analyst - Risk Management
Posted today
Job Viewed
Job Description
Key Responsibilities:
- Develop, test, and validate complex quantitative models for risk assessment, pricing, and valuation across various financial products (e.g., derivatives, loans, securities).
- Implement and maintain risk models in production environments, ensuring accuracy, efficiency, and compliance with regulatory requirements.
- Perform in-depth analysis of large datasets to identify trends, patterns, and potential risk exposures.
- Contribute to the development and enhancement of risk management frameworks and methodologies.
- Work closely with business units, IT, and compliance teams to ensure model relevance and effective implementation.
- Prepare detailed documentation for models, including assumptions, methodologies, limitations, and validation results.
- Conduct stress testing and scenario analysis to assess the impact of adverse market conditions on the bank's portfolio.
- Stay abreast of regulatory changes and industry best practices in quantitative risk management.
- Present model findings and risk analyses to senior management and regulatory bodies.
- Mentor junior analysts and contribute to the technical development of the team.
- Collaborate on the development of data visualization tools and reporting dashboards to communicate risk insights effectively.
- Ensure the integrity and quality of data used for model development and analysis.
- Master's or PhD in a quantitative discipline such as Financial Engineering, Statistics, Mathematics, Physics, or Economics.
- Minimum of 6 years of experience in quantitative analysis, risk management, or a related field within the financial services industry.
- Proven experience in developing and validating credit risk, market risk, or operational risk models.
- Expertise in statistical modeling, econometrics, time series analysis, and machine learning techniques relevant to finance.
- Strong programming skills in languages such as Python, R, C++, or Java, with proficiency in statistical and data manipulation libraries.
- Experience with SQL and database management.
- Familiarity with financial regulations (e.g., Basel III, FRTB) and their impact on quantitative modeling.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication and presentation skills, with the ability to explain complex concepts to diverse audiences.
- Experience with risk management software and platforms is a plus.
- Ability to work effectively both independently and collaboratively in a team-oriented environment.
Lead Financial Analyst - Risk Management
Posted 7 days ago
Job Viewed
Job Description
Senior Quantitative Analyst - Risk Management
Posted 13 days ago
Job Viewed
Job Description
Responsibilities:
- Develop, test, and implement quantitative models for risk measurement, pricing, and hedging.
- Analyze large datasets to identify risk factors, trends, and potential vulnerabilities.
- Validate existing models and methodologies to ensure accuracy and compliance with regulatory standards (e.g., Basel III, IFRS 9).
- Perform back-testing and stress-testing of models to assess their performance under various market conditions.
- Collaborate with business units, IT, and other risk functions to integrate risk models into operational processes.
- Prepare comprehensive documentation of models, methodologies, and validation results.
- Present complex analytical findings and recommendations to senior management and stakeholders.
- Stay abreast of the latest developments in quantitative finance, financial modeling, and regulatory changes.
- Mentor junior quantitative analysts and contribute to the team's technical growth.
- Contribute to the development of new risk management strategies and frameworks.
- Design and implement automated risk reporting solutions.
- Conduct ad-hoc analysis to support strategic decision-making.
- Ensure compliance with internal policies and external regulations governing financial risk.
- Engage in peer reviews of quantitative models developed by other team members.
- Provide expert input on financial instrument valuation and risk attribution.
Qualifications:
- Master's or Ph.D. in Quantitative Finance, Mathematics, Statistics, Physics, Computer Science, or a related field with a strong quantitative focus.
- Minimum of 5-7 years of relevant experience in quantitative analysis, risk management, or financial modeling within the banking or financial services industry.
- Advanced proficiency in programming languages such as Python, R, C++, or Java.
- Strong knowledge of financial markets, derivatives, and risk management principles.
- Experience with statistical modeling, time series analysis, and machine learning techniques.
- Familiarity with regulatory requirements in the financial sector.
- Excellent analytical, problem-solving, and critical thinking skills.
- Outstanding communication and presentation skills, with the ability to explain complex concepts clearly.
- Proven ability to work independently and manage multiple projects in a remote setting.
- Experience with data visualization tools and techniques.
- Strong understanding of financial data management and databases.
This remote opportunity offers the chance to work on cutting-edge quantitative challenges in a collaborative and intellectually stimulating environment.
Director of Quantitative Risk Management
Posted 15 days ago
Job Viewed
Job Description
Responsibilities:
- Develop, implement, and maintain quantitative models for market, credit, and operational risk.
- Lead a team of quantitative analysts and risk modelers in model development and validation.
- Perform complex risk analyses, including VaR calculations, stress testing, and scenario analysis.
- Assess the effectiveness of risk mitigation strategies and provide recommendations.
- Collaborate with business units to understand risk exposures and integrate risk management principles.
- Ensure compliance with regulatory requirements and internal policies.
- Present findings and recommendations to senior management and risk committees.
- Stay current with industry best practices and advancements in quantitative risk management.
- Master's or Ph.D. in Finance, Mathematics, Statistics, Economics, or a related quantitative field.
- 10+ years of experience in quantitative risk management in the financial services sector.
- Proven expertise in developing and validating risk models (e.g., VaR, credit scoring, pricing models).
- Strong knowledge of financial markets, derivatives, and asset classes.
- Proficiency in programming languages such as Python, R, or C++.
- Experience with data analysis tools and statistical software.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong leadership and team management capabilities.
- Effective communication and presentation skills, with the ability to convey complex information clearly.
Senior Quantitative Analyst - Risk Management (Remote)
Posted 9 days ago
Job Viewed
Job Description
The ideal candidate will possess a deep understanding of financial markets, quantitative finance, and statistical modeling. You will be responsible for developing, validating, and implementing quantitative models for credit risk, market risk, and operational risk. This includes performing complex data analysis, programming statistical models, and communicating technical findings to both quantitative and non-quantitative stakeholders. Your expertise will be crucial in enhancing the firm's risk assessment capabilities and ensuring regulatory compliance. The ability to work independently, manage multiple projects, and collaborate effectively in a virtual environment is essential.
Key Responsibilities:
- Develop, test, and implement quantitative models for various risk types (credit, market, operational).
- Perform rigorous statistical analysis on large datasets to identify trends and risk factors.
- Validate existing models to ensure accuracy, robustness, and compliance with regulatory requirements.
- Design and conduct back-testing and stress-testing of risk models.
- Collaborate with risk managers, traders, and other business units to understand their needs and provide quantitative solutions.
- Communicate complex quantitative concepts and findings clearly to both technical and non-technical audiences.
- Contribute to the development of risk management policies and procedures.
- Stay current with industry best practices, regulatory changes, and emerging quantitative techniques.
- Develop and maintain documentation for all models and analytical processes.
- Utilize programming languages such as Python, R, or C++ for model development and implementation.
- Participate in peer reviews and contribute to the continuous improvement of the quantitative team's capabilities.
- Master's degree or Ph.D. in a quantitative field such as Finance, Mathematics, Statistics, Physics, or Engineering.
- Minimum of 5 years of experience in quantitative analysis within the financial services industry.
- Strong knowledge of financial markets, instruments, and risk management principles.
- Proficiency in statistical modeling, time series analysis, and machine learning techniques.
- Expertise in programming languages commonly used in quantitative finance (e.g., Python, R, C++, SQL).
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong written and verbal communication skills, with the ability to explain complex topics effectively.
- Experience with risk modeling frameworks and regulatory requirements (e.g., Basel Accords).
- Ability to work independently and manage deadlines in a remote setting.
- Proven ability to work collaboratively within a distributed team.
Your contributions will be vital to risk management strategies impacting Kolkata, West Bengal, IN .
Risk Management Deal Strategy and Contract Support-Manager
Posted today
Job Viewed
Job Description
Summary
Position Summary
Risk Management, Deal Strategy and Contract Support, Manager
Deloitte Consulting LLP's Quality and Risk Management group is seeking a Risk Manager to join our Industry risk management team.Successful candidates will have extensive experience in identifying and ameliorating business and contract risks associated with the provision of professional consulting services.The Risk Manager role involves providing risk consultations to consulting opportunity pursuit teams, reviewing and revising as applicable draft contracts (Statements of Work, Engagement Letters, Change Orders) for professional services, assisting in and, at times, leading negotiations with clients and other third parties, and serving as a trusted risk advisor to senior client service executives.
Work you'll do
Deal Desk Support, Contracting and Negotiations
- Assist with deal desk and contract review activities. Supports our sales teams in identifying potential risks associated with contemplated services and recommending solutions to ameliorate such risks, review and revise as necessary draft contracts (e.g. statements of work) and proposals in response to RFIs/RFPs
- Coordinate with various functions including sales, legal, finance and delivery to act as a strategic risk advisor to help ensure that risks to the firm are sufficiently addressed during the sales and contracting cycles.
- Responsible for risk consultations and risk reviews of draft statements of work, engagement letters and change orders. Assist internal business stakeholders and legal in reviewing framework agreements such as MSAs, NDAs, teaming agreements etc. relevant to the delivery of consulting services.
- Identify risks and provide guidance on approaches to reduce and managerisks associated with consulting services
- Coordinate with risk managers of other firm functions in connection with cross-functional opportunities to help ensure a seamless risk management experience for client service executives.
- Ensure that contracting requirements are met and handled in a manner that is consistent with the Firm's policies, requirements, and good business practices.
Ongoing and Post Execution Risk Management and Contracting Support
- Assist with contracting, risk management and mitigation support for ongoing contracting requirements - SOWs, Change Orders, amendments, and renewals.
- Facilitate continued compliance with contractually required policies and processes and with the Firm's internal policies.
- Continue to collaborate with different functions to socialize agreement/contractual requirements and business terms.
- Work actively with account leadership and quality team to identify and help mitigate post-signature delivery and engagement risks.
Knowledge Management and Training Support
- Maintain knowledge of core professional services (IT, Managed Services, Outsourcing) and product offerings to continue supporting contracting and risk matters in a fast paced constantly changing environment.
- Work independently to manage contractual matters and risks and be the trusted advisor on multiple accounts.
- Provide mentoring and training to Risk Management colleagues and to a broader audience to enhance knowledge of and compliance with firm's policies, templates and processes.
- Proactively pursue, assess and, where appropriate, advance firm's initiatives including in the areas of software, cloud, data analytics, AI, operate services and privacy & security.
- Support strategic initiatives pertaining to development/updating of processes, tools, and templates to improve overall risk management and contracting practices and to help drive adoption of such processes, tools, and templates.
The Team
The QRM organization partners with the business by bringing meaningful insights that help to manage risk and improve quality in the way we sell and deliver projects.
This results in market differentiation, improved client outcomes, and positions the business to navigate the growing complexity in engagements.
Qualifications And Experience
Required
:
- Strong understanding of professional services contracting lifecycle with an emphasis on technology services
- Deep understanding of risks associated with the delivery of professional consulting services and an ability to identify specific approaches to ameliorating such risks
- Proven track record influencing diverse set of stakeholders and driving common outcomes with a strong understanding of commercial contracting processes, including terms and conditions
- Outstanding verbal/written communication, collaboration, and negotiation skills to lead an environment driven by customer service and teamwork
- Excellent leadership skills including ability to prioritize critical needs, act decisively, and handle a high volume of complex tasks within a given timeframe
- Experience in reviewing and revising scope of work documents with a focus on incorporating actionable and measurable guidance to address specific risks around delivery execution
- Proven willingness to listen and learn, and a consistent record of making and explaining appropriate decisions (even when this leads to tough business discussions).
- Education: BBA/BA/BS in related field, Masters' Degree is desirable
- Experience Requirements: Minimum 5-8 years of experience in the Consulting/Professional Services space
- Location: Flexible
- Travel Requirements: Willingness and ability to travel approximately 25%, flexibility required based on candidate location and role
Preferred:
- Knowledge of one or more segments of our key industries: Life Science & Health Care (LSHC), Technology, Media and Telecommunications (TMT), Financial Services (FS), Consumer, and/or Energy, Resources, & Industrials (ERI) including key industry issues, the competitive landscape and recent developments.
- Experience in Consulting field or a professional partnership
- Experience handling risk issues pertaining to some combination of outsourcing, cloud software, software licensing and alliance agreements
How You'll Grow
At Deloitte, we've invested a great deal to create a rich environment in which our professionals can grow. We provide our professionals with a variety of learning and networking opportunities, some of which are:
- Intensive trainings on latest technologies from eminent external trainers.
- Internal trainings and workshops.
- Subscriptions to prominent online training platforms, such as Lynda.
- Hackathons and tech challenges to exercise your front-end skills.
- Freedom to adopt and use the latest technologies in your live projects.
- Travel opportunity (wherever possible) to work at the client's location or at our global offices.
Apart from the above, you will have access to DU: The Leadership Center in India, our state-of-the-art, world-class learning Center in the Hyderabad offices is an extension of the DU in Westlake, Texas, and represents a tangible symbol of our commitment to our people's growth and development. Explore DU: The Leadership Center in India
Benefits
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
Deloitte's culture
Our positive and supportive culture encourages our people to do their best every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer comprehensive well-being programs and are continuously looking for new ways to maintain a culture that is inclusive, invites authenticity, leverages our diversity, and where our people excel and lead happy lives. Learn more about Life at Deloitte.
Corporate citizenship
Deloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships that we have with our clients, our people and our communities.We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte's impact on the world.
Our purpose
Deloitte's purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities.
Our people and culture
Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.
Professional development
At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India .
Benefits To Help You Thrive
At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.
Recruiting tips
From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.
Requisition code:
Be The First To Know
About the latest Risk management Jobs in Kolkata !
Oracle Cloud Security and Risk Management (RMC) Consultant
Posted today
Job Viewed
Job Description
Job Title: Oracle Cloud Security and Risk Management (RMC) Consultant
Experience: 5–7 Years
Location: India Offshore
Job Summary:
We are seeking an experienced Oracle Cloud Security and Risk Management (RMC) Consultant to join our team. The ideal candidate will have 5–7 years of hands-on experience in Oracle Fusion Security, Oracle Cloud Infrastructure (OCI), PaaS Security, and Oracle Risk Management Cloud (RMC). This role will be responsible for designing, implementing, and managing robust security frameworks and risk controls across Oracle Cloud platforms.
Key Responsibilities:
- Design and manage user roles, data security, and access controls within Oracle Fusion Applications.
- Implement and maintain security policies in Oracle Cloud Infrastructure (OCI).
- Configure and monitor PaaS-level security and compliance requirements.
- Lead the setup and continuous improvement of Oracle Risk Management Cloud, including Advanced Financial Controls (AFC) and Segregation of Duties (SoD), Advance Access Controls (AAC) and Financial reporting Compliance (FRC), Advance Access Request (AAR) modules.
- Perform risk assessments and compliance audits, supporting internal and external regulatory requirements.
- Collaborate with business and technical teams to align security controls with business processes.
- Respond to security incidents and perform root cause analysis.
Required Skills & Qualifications:
- 5–7 years of experience in Oracle Cloud Security (Fusion, OCI, and PaaS).
- Proven expertise in Oracle Cloud Risk Management (RMC) and related governance frameworks.
- Strong knowledge of SoD, role-based access control (RBAC), and audit policies.
- Hands-on experience with Oracle Identity and Access Management (IAM) concepts.
- Excellent problem-solving, communication, and stakeholder engagement skills.
- Oracle certifications (preferred but not required).
Preferred Qualifications:
- Experience with compliance standards such as SOX, GDPR.
- Knowledge of automation and monitoring tools related to cloud security.
Oracle Cloud Security and Risk Management (RMC) Consultant
Posted 1 day ago
Job Viewed
Job Description
Job Title: Oracle Cloud Security and Risk Management (RMC) Consultant
Experience: 5–7 Years
Location: India Offshore
Job Summary:
We are seeking an experienced Oracle Cloud Security and Risk Management (RMC) Consultant to join our team. The ideal candidate will have 5–7 years of hands-on experience in Oracle Fusion Security, Oracle Cloud Infrastructure (OCI), PaaS Security, and Oracle Risk Management Cloud (RMC). This role will be responsible for designing, implementing, and managing robust security frameworks and risk controls across Oracle Cloud platforms.
Key Responsibilities:
- Design and manage user roles, data security, and access controls within Oracle Fusion Applications.
- Implement and maintain security policies in Oracle Cloud Infrastructure (OCI).
- Configure and monitor PaaS-level security and compliance requirements.
- Lead the setup and continuous improvement of Oracle Risk Management Cloud, including Advanced Financial Controls (AFC) and Segregation of Duties (SoD), Advance Access Controls (AAC) and Financial reporting Compliance (FRC), Advance Access Request (AAR) modules.
- Perform risk assessments and compliance audits, supporting internal and external regulatory requirements.
- Collaborate with business and technical teams to align security controls with business processes.
- Respond to security incidents and perform root cause analysis.
Required Skills & Qualifications:
- 5–7 years of experience in Oracle Cloud Security (Fusion, OCI, and PaaS).
- Proven expertise in Oracle Cloud Risk Management (RMC) and related governance frameworks.
- Strong knowledge of SoD, role-based access control (RBAC), and audit policies.
- Hands-on experience with Oracle Identity and Access Management (IAM) concepts.
- Excellent problem-solving, communication, and stakeholder engagement skills.
- Oracle certifications (preferred but not required).
Preferred Qualifications:
- Experience with compliance standards such as SOX, GDPR.
- Knowledge of automation and monitoring tools related to cloud security.
Financial Risk Assessment Professional
Posted today
Job Viewed
Job Description
Hello Connections
We are presently hiring for one of the leading bank of Kolkata for Internal Auditor role who is having string experience in audit of corporate loans and audit of disbursed files across the BBG, MMG, FIG, LAP, and Agri segments .
Experience:- 2 + Years experience in audit of corporate loans and audit of disbursed files across the BBG, MMG, FIG, LAP, and Agri segments .
Industry:- From banking background only
Job location:- Kolkata
CTC:- Best as per market
Education:- MBA or CA
Interested candidate please share your cv at