Associate| Specialist| Operational Risk Management

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai 🕐 4 days ago

Job Description

Apply on TnEmployment Jobs Finder 2026
Associate, Specialist, Operational Risk Management...

DBS Bank
Mumbai, Maharashtra
Apply on TnEmployment Jobs Finder 2026
8 hours agoFull–time
This Job Listing is about DBS Bank in Mumbai,Maharashtra,India 2026 posted on jobz2day.com

About the job

Business Function

Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank’s operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Job Purpose

A team member to build and drive the implementation of first line of defence to proactive manage operational risk within T&O.

Key Responsibilities & Accountabilities

Operational Risk & Governance responsibilities
• To perform independent validation exercise of RCSA’s for various Ops units. This responsibility will extend to co-ordination and updating of Operational Risk system. The assurance is required in the design effectiveness and sample testing
• To supervise various process reviews and collaborate with units to ensure risk is mitigated in operational processes
• To supervise reporting of KRI’s and various Risks related reports
• To supervise data analytics for management overview
• Guide and help Operations units and branches by resolving their queries pertain to processes and accounts
• Review New Product Approvals/ Outsourcings and identify risks/ co-ordinate with various stakeholders and highlight risks
• Liaison with Regional counterparts for implementation of best risk practices
• Conduct Local Forums to ensure Management oversight to risk items and similar forums for dissemination of information to T&O staff
• Ensure timely reporting/escalating of risk events/significant incidents via reporting requirements with respective units and tracking & monitoring and timely issue resolution
• Investigate and supervise root cause analysis for risk incidents and events arising out of operational lapses/frauds (internal/external)/application issues and process gaps.
• To be responsible for providing risk support in the management of incidents to minimise risk/loss and to identify, analyse and report control metrics on a timely basis
• Perform thematic reviews to identify gaps and advise solutions to mitigate the gaps

Risk Based Supervision
• Review compliance to regulatory guidelines
• To manage the Risk Based Supervision Audit for Technology and Operations (T&O)
• To perform the analysis of various requirements and correlate the purpose of data asked
• Work on the automation of RBS requirement for Technology and Operations
• Track the new RBI guidelines and ensure the implementation in T&O

Experience

Essential
• Prior experience in Operational Risk, Internal Audit, Governance & Control team

Desirable
• Experience of min 5 years in an Audit or related function

Core Competencies

💡 Quick Summary

Seeking a career-building opportunity? The Associate| Specialist| Operational Risk Management position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: DBS Bank

Frequently Asked Questions

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The expected salary for Associate| Specialist| Operational Risk Management in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Associate| Specialist| Operational Risk Management is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Associate| Specialist| Operational Risk Management. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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