Associate| Specialist| Operational Risk Management

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai 🕐 3 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

Click the Apply Now button on this page, login or register for free on CallCenterJob.co.in, fill in your name, mobile number, city, and experience, then submit your application. The recruiter will contact you directly.
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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