Senior Associate.Operational Risk

Mashreq; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Mashreq is seeking a capable risk management professional to review and challenge risk registers, RCSAs, and event classifications. You will monitor risk indicators, facilitate reporting, and provide independent risk insights to strengthen the control environment.

The role emphasizes collaboration with business and support units, strong communication, and the ability to prioritize and manage workload effectively within abanking setting.

Qualifications

• Familiarity with banking regulatory and risk management requirements.
• Knowledge of common risk management frameworks and methodologies.
• Demonstrated analytical and problem-solving skills.
• Team-oriented and capable of collaborative work.
• Strong written and verbal communication.

Responsibilities

• Review, monitor, and challenge Risk Registers and RCSA to ensure accurate risk identification and assessment.
• Facilitate monitoring and reporting of key risk exposures through risk indicators and control assessments.
• Assist in risk assessments, gap analyses, and thematic reviews to identify areas for improvement.
• Support operational risk-related projects and initiatives as assigned.
• Prepare and present operational risk reporting, dashboards, and committee materials.

Skills

Risk management

Analytical thinking

Problem solving

Communication

Teamwork

Prioritization

MS Office

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Visio

Project

Job description

Job Purpose

To support the effective implementation of the Operational Risk Management framework by reviewing, monitoring, and challenging risk assessments, risk registers, and control effectiveness across the organization. The role is responsible for identifying and assessing key risk exposures, supporting risk mitigation activities, facilitating risk reporting, it also provides independent oversight, and collaborates with stakeholders to strengthen the overall risk and control environment while promoting proactive risk management practices

Job Responsibilities

• Review, monitor, and challenge Risk Registers and Risk & Control Self-Assessments (RCSA) to ensure accurate risk identification and assessment.
• Facilitate the monitoring and reporting of key risk exposures and emerging risks through effective risk indicators and control assessments.
• Assist and monitor Risk Acceptance Requests (RARs) to ensure appropriate risk assessments, approvals, action plans, and timely closure.
• Build and maintain strong working relationships with stakeholders across business and support functions.
• Conduct periodic reviews of risk registers to ensure quality, completeness, and accuracy.
• Assist in risk assessments, gap analyses, and thematic reviews to identify areas for improvement.
• Support and manage operational risk-related projects and initiatives as assigned.
• Analyze operational risk metrics and reports to provide independent risk insights and challenge risk-related decisions where necessary.
• Review and monitor Operational Risk Events to ensure accurate classification, loss reporting, root cause analysis, and action plan management.
• Review and challenge Key Risk Indicators (KRIs) to ensure effectiveness in monitoring and managing key risks.
• Prepare and present operational risk reporting, dashboards, and committee reports to management and governance forums.
• Provide ongoing risk advisory support to business units and stakeholders to strengthen the risk and control environment.
• Familiarity with the banking industry regulatory and risk management requirements
• Knowledge of common risk management framework and methodologies.
• Demonstrated analytical and problem-solving skills.
• Team-oriented and excels working in a collaborative environment
• Proficient written and verbal communication skills with an ability to communicate effectively across peers and partners
• Ability self-prioritizes workload and coordinates with teammates and to ensure that deadlines are met
• Expert proficiency with all Microsoft products (Excel, Word, PowerPoint, Visio, and Project)

Knowledge and Experience

• Familiarity with the banking industry regulatory and risk management requirements
• Knowledge of common risk management framework and methodologies.
• Demonstrated analytical and problem-solving skills.
• Team-oriented and excels working in a collaborative environment
• Proficient written and verbal communication skills with an ability to communicate effectively across peers and partners
• Ability self-prioritizes workload and coordinates with teammates and to ensure that deadlines are met
• Expert proficiency with all Microsoft products (Excel, Word, PowerPoint, Visio, and Project)