Operational Risk Manager - Mumbai - GO/JC/173/2025 Golden Opportunities

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Job Description Job Overview: The Operational Risk Manager is responsible for managing the entire operational risk framework, ensuring the highest standards of credit & risk compliance. This role is crucial in identifying, assessing, monitoring, and mitigating operational risks across the organization. Key Responsibilities Collaborate with cross-functional teams to proactively identify, assess, measure, and report risks. Establish and review the Risk and Control Self-Assessment (RCSA) framework, ensuring timely identification and mitigation of risk issues. Develop and implement risk management strategies and procedures for robust risk mitigation. Conduct risk assessments and provide actionable recommendations for risk reduction. Assist business units in identifying and monitoring Key Risk Indicators (KRI), ensuring timely resolution of breaches. Ensure compliance with regulatory guidelines and internal risk policies. Provide expert guidance and support to operational teams in managing risk exposure. Stay informed of industry best practices and evolving regulatory changes related to risk management. Prepare and present comprehensive risk management reports to senior leadership. Review Root Cause Analyses (RCA) to prevent recurrence of identified risk events. Monitor implementation of mitigation action plans for high-risk indicators. Support development and execution of operational risk policies, procedures, and appetite statements. Maintain risk tools, databases, and systems while driving continuous improvement. Conduct training and awareness sessions on risk identification and mitigation strategies. Ensure regular review of risk management tools like KRIs, loss databases, and risk thresholds. Generate timely and accurate operational risk reports including event reporting and monthly risk assessments. Engage business/support units in risk methodologies like Risk Event Reporting, RCSA, and KRI tracking. Drive enterprise risk system enhancements, ensuring alignment with global best practices and regulatory standards. Maintain monthly risk reporting cadence for senior management, ensuring proactive risk management. Ensure timely RCSA execution and gap remediation, fostering a risk-conscious culture. Core Competencies, Knowledge & Experience Experience: 2-5 years in leading Operational Risk Management roles. Strong analytical and problem-solving skills. Excellent interpersonal and communication skills. Ability to work independently with minimal supervision. Proven expertise in Credit/Risk Analysis within banking or NBFC sectors. Additional experience in other risk domains is an advantage. High proficiency in MS Excel and PowerPoint for data analysis and reporting. Hands-on experience using risk assessment tools. Must-Have Technical/Professional Qualifications CA/MBA or equivalent professional qualification. Skills Required RoleOperational Risk Manager - Mumbai Industry TypeBanking/ Financial Services Functional Area Required Education CA Employment TypeFull Time, Permanent Key Skills FINANCIAL & STATISTICAL ANALYSIS R EGULATORY C OMPLIANCE RISK ASSESSMENT & MITIGATION Other Information Job CodeGO/JC/173/2025 Recruiter Name,