Associate, Specialist, Operational Risk Management, Technology and Operations

DBS Bank Ltd; Mumbai City; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

DBS Bank Ltd seeks a competent professional for the Operational Risk & Compliance team in Mumbai. You will develop and implement risk management frameworks, conduct risk assessments, and advise senior management on mitigation strategies.

You will ensure regulatory reporting compliance, monitor risk indicators, and collaborate across business units to close gaps. A Bachelor's degree and 3–5 years experience are required, with strong analytical and communication skills.

Qualifications

• Bachelor’s degree in finance, accounting, or related field.
• Minimum 3–5 years of experience in operational risk management, compliance, or related field.
• Strong understanding of regulatory requirements and reporting standards related to operational risk management.
• Proficient in data analysis, risk assessment, and risk mitigation techniques.
• Excellent communication and interpersonal skills, with ability to collaborate cross-functionally.
• Proven problem-solving and critical thinking skills.

Responsibilities

• Develop and implement effective operational risk management frameworks, policies, and procedures across the organization.
• Conduct risk assessments, analyze data, and provide recommendations to senior management on risk mitigation strategies.
• Ensure compliance with regulatory requirements, including regulatory reporting, and address gaps or issues with stakeholders.
• Provide subject matter guidance to business units on operational risk management best practices.
• Participate in development and implementation of risk indicators and risk appetite frameworks.
• Contribute to continuous improvement of the operational risk management program by identifying process enhancements.

Skills

Operational risk

Regulatory reporting

Data analysis

Communication

Cross-functional collab

Problem solving

Education

Bachelor’s degree in finance or accounting

Job description

Business Function

Group Operations 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 Operations, we manage the majority of the Bank’s operational processes and inspire to delight our business partners through our multiple banking delivery channels. As an Operations Department, we embrace and reinforce the strong PRIDE! culture that is built up in DBS. This is done through strategic focus on training and improving staff capability, empowerment, productivity, teamwork, innovation & technology, managing operational risks & strongly collaborating with our business partners in delivering excellent RED service to our customers.

Responsibilities

• Develop and implement effective operational risk management frameworks, policies, and procedures to identify, assess, monitor, and mitigate operational risks across the organization
• Conduct risk assessments, analyze data, and provide recommendations to senior management on risk mitigation strategies
• Ensure compliance with regulatory requirements, including regulatory reporting, and collaborate with relevant stakeholders to address any identified gaps or issues
• Provide subject matter expertise and guidance to business units on operational risk management best practices
• Participate in the development and implementation of key risk indicators and risk appetite frameworks
• Contribute to the continuous improvement of the operational risk management program by identifying and implementing process enhancements

Requirements

• Bachelor’s degree in finance, accounting, or a related field
• Minimum 3-5 years of experience in operational risk management, compliance, or a related field
• Strong understanding of regulatory requirements and reporting standards related to operational risk management
• Proficient in data analysis, risk assessment, and risk mitigation techniques
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams
• Proven problem-solving and critical thinking skills
• Familiarity with financial industry best practices and emerging trends in operational risk management

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

Location

DBS Bank Centre

Job

Customer Service

Schedule

Regular

Employee Status

Full time