Operational Risk Manager

Rekrut India

Bengaluru

8-13 Years

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Posted 7 days ago
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Job Description

Key Responsibilities:

Lead a team of skilled risk management professionals with a focus on operations risk.
Identify, assess, and mitigate operational risks across all business verticals and support functions.
Enhance the organization's Early Warning Signal (EWS) capabilities by designing smart triggers for early detection of risk exposure.
Conduct Risk and Control Self-Assessments (RCSA) to assess process-level risks and controls.
Develop and monitor Key Risk Indicators (KRIs) and collaborate with departments to design actionable risk mitigation plans.
Manage the risk incident database and ensure timely and accurate reporting to stakeholders.
Work closely with field risk teams and branch leadership to monitor and escalate operational risks in a timely manner.
Provide insights and recommendations to senior management for continuous improvement of the operational risk framework.

Skills & Qualifications:

Minimum 8 years of relevant experience, with at least 3 years in a dedicated risk management function within financial services (Banking, NBFC, or Microfinance).
Bachelor's degree in Science, Mathematics, Economics, or Engineering.
Strong analytical skills and understanding of operational processes in financial services.
Proficient in risk control frameworks, incident management, and risk reporting tools.
Excellent verbal and written communication skills in English.
Ability to work cross-functionally and drive a risk-conscious culture across departments.
Knowledge of multiple regional/vernacular languages is an added advantage.

Preferred Candidate Profile:

Proven track record in risk leadership roles in Banking, NBFC, or Microfinance sectors.
Strong exposure to field operations risk, especially in distributed branch-led models.
Experience working with RBI-compliant risk frameworks and regulatory audits is a plus.
Ability to manage teams and projects independently with minimal supervision.

More Info

Job Type:

Permanent Job

Industry:

Recruiting, Staffing Agency

Role:

Risk Management

Function:

Banking

Employment Type:

Full time

Open to candidates from:

Indian

About Company

Rekrut India

upGrad Rekrut is a leading recruitment and staffing solutions brand that supports organizations in building their human capital. Rekrut India started its journey in August 2020 with a vision to be one of the largest recruitment & staffing company in India. In January 2021, Rekrut India was acquired by upGrad, one of the largest EdTech companies in Asia offering higher education for working professionals, and was rebranded as upGrad Rekrut. Today, Rekrut India is a 100% upGrad-owned brand. In the dynamic world of today, when the future is both exciting and unpredictable, the talent acquisition strategy of organizations has become fluid and complex. Traditional recruitment practices aren’t designed to match up to the requirements of the new realities and lag behind the speed of today’s rising companies. upGrad Rekrut simplifies hiring for organizations, it’s expertise, pioneering solutions, extensive network and patented technology reduces the complexity of the recruitment process and ensures that organizations always stay ahead of change. Partnering with upGrad has provided an adrenaline boost for Rekrut’s ability to provide talent solutions, with access to upGrad’s pool of future-ready learners. This adds another channel of service for upGrad Rekrut to provide organizations, comprising of upskilled talent, which is a critical factor for success in today’s VUCA world. In a short period of time, upGrad Rekrut has managed to make a significant impact in the recruitment and staffing industry due to its unrelenting focus on the 4 key aspects that deliver competitive and holistic recruitment solutions: expertise, products, network & technology. upGrad Rekrut’s core strength is its people, who are united by the following organizational values, which is practiced by one and all: Customer Centricity Integrity Growth Mindset Ownership Thus, enabling upGrad Rekrut to deliver a WOW experience to their clients. upGrad Rekrut is proud to be ISO 9001 2015 certified.

Job ID: 123775371

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