Senior Manager Operational Risk

Role Overview: As a Senior Manager - Operational Risk specializing in banking products, your main responsibility is to assess and understand digital financial product journeys and platforms in collaboration with the Product Owner. Your focus will be on ensuring compliance with Risk Management Policy and Operational risk aspects while maintaining a seamless and secure customer experience. Key Responsibilities: - Conduct detailed evaluations of financial product journeys and processes to identify potential risks, including financial, regulatory, reputational, and operational risks. - Assess banking products to ensure adherence to regulations and internal policies, evaluating the effectiveness of Design & Operating Controls in addressing identified risks during the product lifecycle. - Collaborate with Product Owners to accurately capture and document identified risks, providing recommendations for mitigating risk exposures. - Design and implement Enterprise-wide Operational Risk Management Frameworks, Policies, and procedures. - Implement RCSA framework including identification, monitoring, and testing across all Products, Business, and support functions. - Manage end-to-end Operational Risk Loss data/events, including RCA of risk events. - Prepare Operational Risk Reports for Senior Management, Board Risk Committee, and regulators (RBI, NPCI, CSITE, etc.). - Monitor operational Key Risk Indicators (KRIs) and escalate any potential breaches or concerns. - Perform Thematic Reviews on Banks Products & services, reporting findings along with management action plans and recommendations to the ORMC/RMCB. - Work closely with cross-functional teams for risk management strategies in product finalization. - Produce high-quality Operational Risk dashboards and trend analysis. - Establish a strong risk culture through training and awareness programs. Qualifications Required: - 5-10 years of experience in Risk Management within the Indian BFSI industry, focusing on core digital banking products such as Savings Accounts, Current Accounts, Wallets, and other NPCI related Payment Products (AePS, UPI, DMT, Fastag). - Bachelors degree in Risk Management, Business Administration, Finance, or related field. - Professional certifications in Risk Management (e.g., CRISC, FRM, CA, etc.) preferred. - CISA certification would be an added advantage. - Technical knowledge in digital financial products, Indian Banking regulators, Outsourcing related regulatory requirements, BCP, risk management frameworks, RCSA control design, and testing methodologies. - Excellent communication and collaboration skills for effective work with cross-functional teams. Note: Interested candidates can share their CV at the provided email address. Role Overview: As a Senior Manager - Operational Risk specializing in banking products, your main responsibility is to assess and understand digital financial product journeys and platforms in collaboration with the Product Owner. Your focus will be on ensuring compliance with Risk Management Policy and Operational risk aspects while maintaining a seamless and secure customer experience. Key Responsibilities: - Conduct detailed evaluations of financial product journeys and processes to identify potential risks, including financial, regulatory, reputational, and operational risks. - Assess banking products to ensure adherence to regulations and internal policies, evaluating the effectiveness of Design & Operating Controls in addressing identified risks during the product lifecycle. - Collaborate with Product Owners to accurately capture and document identified risks, providing recommendations for mitigating risk exposures. - Design and implement Enterprise-wide Operational Risk Management Frameworks, Policies, and procedures. - Implement RCSA framework including identification, monitoring, and testing across all Products, Business, and support functions. - Manage end-to-end Operational Risk Loss data/events, including RCA of risk events. - Prepare Operational Risk Reports for Senior Management, Board Risk Committee, and regulators (RBI, NPCI, CSITE, etc.). - Monitor operational Key Risk Indicators (KRIs) and escalate any potential breaches or concerns. - Perform Thematic Reviews on Banks Products & services, reporting findings along with management action plans and recommendations to the ORMC/RMCB. - Work closely with cross-functional teams for risk management strategies in product finalization. - Produce high-quality Operational Risk dashboards and trend analysis. - Establish a strong risk culture through training and awareness programs. Qualifications Required: - 5-10 years of experience in Risk Management within the Indian BFSI industry, focusing on core digital banking products such as Savings Accounts, Current Accounts, Wallets, and other NPCI related Payment Products (AePS, UPI, DMT, Fastag). - Bachelors degree in Risk Management, Business Administration, Finance, or related field. - Professional