2,547 Risk Manager jobs in India

Business Function

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business – they were made just right for you.

Job Purpose

The candidate in this role will own (design, implement, improve, monitor and steer other teams & vendors) the overall governance & controls framework across all products, channels and services of Consumer bank. S/he will ensure internal and pertinent local/global regulatory guidelines are implemented or reporting’s are done by teams concerned in time and with the desired quality. As a gatekeeper for all regulations & controls, this person will ensure operational risk identification, periodic management awareness & management as well.

Key Accountabilities

• Act as the CBG Unit Operations Risk Manager, managing operational risks & events:
• Enhance risk governance at CBG India by facilitating various Committees within the unit and providing due representation in governance committees across the bank.
• Ensure timely implementation of operational risk policies, standards and guides
• Develop and ensure timely implementation of unit specific operational risk policies, standards and procedures
• Review and ensure approvals are obtained for deviations from corporate operational risk policies and standards
• Co-ordinate audit and regulatory inspections
• Ensure timely reporting of Ops risk events and the completeness and correctness reporting being done in accordance with Group’s reporting and classification standards
• Reviewing & providing advisory guidance on the appropriateness of risk mitigating measures/plans
• Analyzing and reporting operational risk events, loss trends and root cause to CBG/ SU management and relevant risk and control committees.
• Key Risk Indicators monitoring.

Job Duties & Responsibilities

Risk and Control Self Assessment

• Identify/update the scope of RCSA to be completed for CBG India.
• Plan and implement the RCSA program across all areas within CBG
• Provide guidance on identifying and assessing inherent/net/residual risks and aligned internal controls
• Validate RCSA against actual risk event losses, KRI trends, audit and regulatory inspections

Governance of Partnership tie-up

• Facilitate the Outsourcing Risk Review with the control teams including ISS, Operations, Technology, Audit, GPS, Risk, Legal and Compliance
• Facilitate the assessment process required for Outsourced Service Providers with the Ecosystem partners and the control teams

Product/ Process Risk reviews

• Facilitate NPA review and approval process for CBG products within the Country and Regional stakeholders
• Review of periodic Product releases
• Review Standard Operating procedures as and when needed and highlight controls to be built in
• Identification and running of theme based reviews of the processes from Controls perspective

Business Risk Management

• Identification of Legal and Compliance risks, mitigants and residual risks in co-ordination with the business & operations teams, and facilitate the process of risk acceptance.
• Co-ordinate with Legal and Compliance teams for necessary Regulatory compliance and communications. Represent CBG at the Country RGG.
• Facilitate the business and operations team in establishing the risk framework for CBG and ensuring timely closures.

Pro-active audits to ensure the best possible audit rating

• Liaise with the Audit team for establishing a risk based audit approach for CBG
• Co-ordinate with the audit team for assessments pertaining to CBG. Close monitoring & tracking on audit issues pertaining to CBG

Business Continuity Management

• Ensure timely implementation of BCM policies and standards
• Ensure timely reporting/ escalation of incidents causing disruptions to the business
• Highlight key BCM issues to unit mgmt and track action plans to closure

Stakeholder Talent Management

• Coordinate during regulatory inspections to ensure data and responses provided are in line with requirements
• Timely identification of resource requirements and onboarding + retention of selected team
• Manage & supervise team, maintaining team productivity and motivation levels
• Creating knowledge depth in the team by regular training & knowledge assessments, upskilling – to aid in business continuity
• Constant compliance to laid down training & certification requirements

Required Experience

• Minimum 12 – 15 years’ experience in banking, operational risk management, business controls
• Experience of multi-tasking, managing multiple stakeholders and independently having CXO level interactions

Education / Preferred Qualifications

• Bachelor’s degree from a recognized university
• Post graduate qualifications are desirable but not necessary if suitably compensated by top notch exposure to above listed experience
• Professional qualifications on projects and change management are desirable but not mandatory

Core Competencies

• Understanding of country regulation specifically in consumer/retail banking space is a must
• Understanding of digital lending processes
• Periodic review of the unit specific KRIs/ Common KRIs in consultation with BU/ SU Head.
• Analyze and monitor the KRI data and trends.
• Highlight KRI trends and issues/ exceptions to BU/ SU mgmt and relevant risk and control committees and forums

Technical Competencies

• Data Analysis: Proficiency in analyzing data to identify trends, patterns, and potential risks.
• Timely implementation of BCM policies and standards
• Analyse and monitor the KRI data and trends

A.P. Moller - Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, the company operates in 130 countries and employs roughly 76,000 people.

With simple end-to-end offering of products and digital services, seamless customer engagement and a superior end-to-end delivery network, Maersk enables its customers to trade and grow by transporting goods anywhere - all over the world.

Key Responsibilities:

1. Regulatory Compliance Monitoring
2. Ensure day-to-day compliance with applicable regulations, Income Tax provisions, FEMA, and anti-money laundering (AML) guidelines.
3. Implement and monitor compliance with internal policies and procedures.
4. Periodic Compliance Reporting
5. Prepare and submit regulatory reports to all authorities including tax authorities, and internal management in a timely manner.
6. Maintain a compliance calendar for statutory filings and deadlines.
7. Internal Compliance Audits
8. Conduct periodic audits of compliance functions to identify gaps and suggest corrective actions.
9. Ensure implementation of audit recommendations.
10. Regulatory Updates and Communication
11. Monitor changes in regulations and update internal policies accordingly.
12. Communicate regulatory changes to the management team.
13. Record Maintenance

Secretarial:

1. Ensure accurate maintenance of all compliance-related records such as KYC files, transaction records, regulatory submissions, and audit reports. Preparing and finalizing a series of documents related to the Board, General, CSR and Trust meetings (Notice, Agenda, minutes, authority letters, shorter consent).
2. Prepare, review and file of statutory forms within deadline round the year Update and maintain statutory registers which involves keeping track of the limits allowed for loans and RPT arrangements.
3. Drafting and finalizing board resolutions on request from various functions like finance, HR and Admin.
4. Assisting and supporting finance during statutory audit.
5. Coordinating and completing the filing of Annual Return of the Company after secretarial inspection post AGM.
6. Monitoring each change triggering multiple secretarial compliances
7. Working on various facilities Agreement, HR agreements related employee benefits, intern-company agreements, Rent/ Lease agreement, LOIs, Legal notice
8. Managing CSR spend and ensuring proper documentation and approvals in place and reporting requirements
9. Has recognised legal skills allowing partnering/counselling role outside of function to optimise commercial decisions.
10. May be required to draw expertise from direct manager or other legal specialists (ie those with in-depth knowledge in areas such as data protection law, maritime law, oil and gas law, labour law, contract law, mergers and acquisition, and claims)
11. Ability to navigate through stakeholders for a mutual agreement

Qualification & Experience:

• Company Secretary (CS) mandatory, LLB, or other relevant compliance qualifications.
• 5–7 years of experience in compliance, risk management, or regulatory roles (preferably in shipping).
• Strong knowledge of SEZ regulations and Indian regulatory framework.
• Detail-oriented, analytical, and good at process implementation.

About the Company

Anand Rathi Global Finance Limited is a financial services company registered with Reserve Bank of India as a non-banking finance company (NBFC) and classified as a Loan Company that is categorized as 'Systemically Important Non-Deposit taking Non-Banking Financial Company (NBFC-ND-SI). The Company is engaged in the business of lending and offers products such as Lending to SME sector, LAP, Construction Finance, Loan against Securities, etc.

Candidate should have minimum experience in this role should be 4-5 years.

Preferred qualifications - CA, MBA, CFA

Job Responsibilities for this role are:

• Overall retail book portfolio analysis & management, monitoring of various risk triggers, in order to effectively assess and manage the risk. This involves implementing corrective action based on portfolio performance.
• Preparation of Policy/amendment/launch of new product as per the Regulatory OR business requirement.
• Monitoring of underlying portfolio through quarterly financials, news articles, security perfection etc. to maintain credit hygiene.
• Risk Analysis and review of High value loan proposals including FIG (Lending to NBFCs), LAP, LAS to ensure compliance with internal and Regulatory guidelines.
• Preparation of brief risk notes covering summary of account, highlighting risk involved in account/group/transaction and its mitigants/covenants along with rationale & recommendation for proposed exposure.
• Preparation of monthly Risk decks/newsletters to various stakeholders. Discussion with multiple stakeholders.
• Attending Sanctioning Committees meetings and presenting Risk team views for the account.
• Regularly interacting with customers in the portfolio for credit related issues and monitoring. Interacting with rating agencies and other Lenders for due diligence.
• Monitoring of underlying portfolio through tracking of PAR/MFIN data, quarterly financials, news articles, security perfection etc. to maintain credit hygiene.
• Handling various Audits queries related to Internal and Regulatory audits.
• Responsible for execution of BRE/system related automation.
• Publishing Bounce and PDD MIS and regular discussion and monitoring for improvement.
• Conduct market and industry analyses to assess external factors influencing client performance.
• Launch of new policy program and amendment to existing program on account of changes in business environment, regulatory requirements, portfolio performance, business requirements.

About the Company

Anand Rathi Global Finance Limited is a financial services company registered with Reserve Bank of India as a non-banking finance company (NBFC) and classified as a Loan Company that is categorized as 'Systemically Important Non-Deposit taking Non-Banking Financial Company (NBFC-ND-SI). The Company is engaged in the business of lending and offers products such as Lending to SME sector, LAP, Construction Finance, Loan against Securities, etc.

Candidate should have minimum experience in this role should be 4-5 years.

Preferred qualifications - CA, MBA, CFA

Job Responsibilities for this role are:

• Overall retail book portfolio analysis & management, monitoring of various risk triggers, in order to effectively assess and manage the risk. This involves implementing corrective action based on portfolio performance.
• Preparation of Policy/amendment/launch of new product as per the Regulatory OR business requirement.
• Monitoring of underlying portfolio through quarterly financials, news articles, security perfection etc. to maintain credit hygiene.
• Risk Analysis and review of High value loan proposals including FIG (Lending to NBFCs), LAP, LAS to ensure compliance with internal and Regulatory guidelines.
• Preparation of brief risk notes covering summary of account, highlighting risk involved in account/group/transaction and its mitigants/covenants along with rationale & recommendation for proposed exposure.
• Preparation of monthly Risk decks/newsletters to various stakeholders. Discussion with multiple stakeholders.
• Attending Sanctioning Committees meetings and presenting Risk team views for the account.
• Regularly interacting with customers in the portfolio for credit related issues and monitoring. Interacting with rating agencies and other Lenders for due diligence.
• Monitoring of underlying portfolio through tracking of PAR/MFIN data, quarterly financials, news articles, security perfection etc. to maintain credit hygiene.
• Handling various Audits queries related to Internal and Regulatory audits.
• Responsible for execution of BRE/system related automation.
• Publishing Bounce and PDD MIS and regular discussion and monitoring for improvement.
• Conduct market and industry analyses to assess external factors influencing client performance.
• Launch of new policy program and amendment to existing program on account of changes in business environment, regulatory requirements, portfolio performance, business requirements.