Manager – Operational & Market Risk

DOHA BANK; Mumbai; On-site; INR 1,800,000 - 2,500,000; Full time

Job summary

DOHA BANK is seeking a highly skilled Manager – Operational & Market Risk to strengthen the risk management framework in India. This critical role involves operational and market risk oversight, ensuring strong governance and regulatory compliance.

The ideal candidate will have 10–12 years of banking risk management experience, strong analytical skills, and the ability to engage with stakeholders. Preference for candidates with finance-related degrees and certifications like FRM or CFA.

Qualifications

• 10–12 years in banking/financial services risk management.
• Strong exposure to Market/Liquidity Risk and regulatory environment.

Responsibilities

• Develop and implement frameworks for Operational, Market, and Liquidity Risk.
• Ensure alignment with Basel II/III and regulatory requirements.
• Provide strategic risk insights and reporting to management.

Skills

Risk frameworks and controls

RCSA, KRIs, incident management

Treasury / market risk concepts

Analytical and problem-solving skills

Stakeholder and communication skills

Education

Bachelors/ Masters in Finance, Accounting, Economics, Business Administration, Risk Management

Job description

We are looking for a highly skilled Manager – Operational & Market Risk to lead and strengthen the risk management framework for our India operations.

This role combines operational risk, market & liquidity risk, and fraud/vigilance oversight, making it a critical position in ensuring regulatory compliance, strong governance, and risk-informed decision-making across the organization.

Key Responsibilities

• Develop and implement frameworks for Operational, Market, and Liquidity Risk
• Ensure alignment with Basel II/III, ICAAP, and regulatory requirements (RBI)
• Provide strategic risk insights and reporting to senior management and committees

Market & Liquidity Risk Management

• Monitor and assess risks across banking and trading portfolios
• Support ALCO and Risk Committees with analysis and insights
• Liquidity risk
• Market movements
• Recommend hedging and mitigation strategies
• Design and maintain the Operational Risk Framework
• Lead RCSA (Risk & Control Self Assessments) workshops
• Monitor KRIs, KPIs, and KCIs
• Strengthen risk culture and awareness across the organization
• Investigate operational loss events and perform root cause analysis
• Maintain loss databases and identify trends
• Recommend corrective and preventive controls
• Lead fraud risk management and investigation activities
• Oversee vigilance-related responsibilities as per regulatory guidelines
• Develop and implement fraud risk policies and frameworks
• Ensure timely escalation and reporting of incidents
• Prepare dashboards, risk reports, and heatmaps
• Identify control gaps and recommend improvements
• Ensure audit findings and regulatory observations are addressed

Stakeholder Management

Partner with:

• Treasury (Front & Back Office)
• Finance & Operations
• Risk & Compliance teams

Liaise with external stakeholders including regulators and auditors

Additionally, performs the responsibilities as the Chief of Internal Vigilance for the Bank.

Ideal Candidate Profile

Experience

• 10–12 years in banking / financial services risk management
• Strong exposure to:
• Market / Liquidity Risk
• Regulatory environment (RBI, Basel norms)

Skills & Expertise

• Sound understanding of risk frameworks and controls
• Experience with RCSA, KRIs, incident management
• Knowledge of treasury / market risk concepts
• Strong analytical and problem-solving skills
• Excellent stakeholder and communication skills

Preferred Qualifications

• Certifications such as FRM, CFA, PRM are an advantage
• Bachelors/ Masters in Finance, Accounting, Economics, Business Administration, Risk Management (or related discipline)