Manager | Risk & Control | Bengaluru | Regulatory & Financial Risk

Manager | Risk & Control | Bengaluru | Regulatory & Financial Risk • Job requisition ID : 113549  • Location : Bengaluru • Entity : Deloitte Touche Tohmatsu India LLP  The team Deloitte Strategy, Risk & Transaction helps entities mitigate risk while discovering new opportunities to create value. Our end-to-end risk services span all domains, from managing strategic risks in the C-Suite to improving board oversight, and from balancing financial and environmental policies to addressing cyber threats. Learn more about Risk, Regulatory & Forensic ) Your work profile ·      Support development and maintenance of Risk & Control Frameworks, including RCMs, process flowcharts, and controls documentation ·      Participate in Risk & Control Self-Assessments (RCSA) to identify inherent and residual risks, control gaps, and mitigation plans ·      Perform current-state vs target-state controls gap analysis ·      Support regulatory change programmes, impact assessments, and remediation tracking Control Testing & Assurance ·      Execute Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET) ·      Document test results and work with process owners on remediation and compensating controls ·      Support ongoing control monitoring, exception tracking, and trend analysis Risk Monitoring & Reporting ·      Monitor KRIs, control performance trends, and escalate emerging risks ·      Prepare risk and control dashboards and reports for leadership and audit stakeholders ·      Support internal and external audits and regulatory examinations Stakeholder & Delivery Management: ·      Partner with collections operations, credit risk, compliance, and second-line risk teams Identify opportunities for process improvement, simplification, and automation ·      Provide risk awareness guidance and training to business stakeholders Ad Hoc & Strategic Initiatives ·      Support policy updates, system implementations, and remediation initiatives ·      Contribute to special projects aligned with risk transformation and control enhancement Key skills required:  ·      4-8 years in Banking Risk and controls assurance ·      Understanding of risk management principles and controls framework ·      Experience in RCSA, controls testing, KPI/KRI frameworks preferred ·      Strong understanding of data controls, lineage, and reconciliations ·      SQL, Data Lineage, Agile, Confluence, Change Management, BRD, FRD, UAT ·      BCBS 239 familiarity