Deputy Manager/Manager - Risk Management Services

Manpower Resources India Pvt. Ltd is a leading Executive Search & Selection company, caters to recruitment services in Manufacturing, Infrastructure, Engineering & Healthcare domain.

We have been mandated by a leading credit rating agency in India for the below mentioned position.

Job Title: Deputy Manager/Manager - Risk Management Services

Location: Mumbai

Experience: 10+ Years

Job Description: We are seeking a highly experienced Senior professional in Operational Risk Management to join our team. The ideal candidate will have a deep understanding of RBI's operational risk management framework and guidelines, as well as international best practices. You will be responsible for advising our clients on the development and enhancement of their Governance, Risk, and Compliance (GRC) frameworks, with a particular focus on operational resilience.

Required Skills/Abilities:

- Advanced degree in Finance, Risk Management, Business Administration, or a related field.

- Minimum of 10 years of experience in credit risk management, operational risk, or related areas within the banking or financial services sector.

- In-depth knowledge of RBI's operational risk management framework and guidelines, including the latest updates.

- Strong understanding of Basel Committee on Banking Supervision (BCBS) principles and international best practices in risk management.

- Proven track record of advising financial institutions on risk management and regulatory compliance.

- Excellent analytical and problem-solving skills, with the ability to identify and mitigate risks effectively.

- Strong communication and interpersonal skills, capable of engaging with senior management and regulators.

- Ability to lead and manage projects, with a focus on delivering high-quality consulting services.

- Proficiency in risk management tools and technologies, particularly those related to operational risk.

Key Responsibilities:

- Provide expert guidance on implementing RBI's operational risk management framework, including the three lines of defense model.

- Advise clients on the development and enhancement of their Governance, Risk, and Compliance (GRC) frameworks, with a focus on operational resilience.

- Conduct comprehensive risk assessments, focusing on systemic interdependencies and critical operations.

- Ensure that clients' operational risk management practices are aligned with the RBI's updated guidelines, including risk mapping, incident management, and third-party risk assessments.

- Support clients in adapting to new regulatory requirements, including those related to technology and third-party dependencies.

- Assist clients in developing and refining their operational risk management frameworks, incorporating RBI's latest guidelines.

- Implement structured processes for continuous learning and improvement, integrating lessons learned from past incidents.

- Provide training and development sessions to client teams on best practices in operational risk management.

- Develop educational materials and resources to enhance understanding of operational risk and resilience.

- Engage with senior leadership at client organizations to ensure alignment of operational risk strategies with overall business objectives.

- Work closely with business units, operational risk management teams, and audit functions to ensure effective risk management practices.

Preferred Experience:

- Experience working with both banks and NBFCs in India.

- Prior experience in developing and implementing operational risk frameworks in alignment with RBI guidelines.

- Familiarity with ICT risk management and third-party risk assessment in the financial sector.