An Operational Risk Analyst is responsible for identifying and assessing potential harm to an organization's assets, earning potentials, or economic condition posed by operational processes. Analyzes incident reports, investigates fraudulent activities, and implements strategies to mitigate operational risks.
Mumbai Role Summary We are looking for an experienced Finance Domain SME - Risk Control & Governance with 12-15+ years of relevant experience in the Banking / Financial Services domain. The candidate will be responsible for providing subject-matter expertise across financial risk controls, governance, regulatory compliance, banking processes, and RBI guidelines. Key Responsibilities Provide finance domain expertise across banking processes, risk control, governance, and regulatory compliance. Ensure business processes and controls align with applicable RBI guidelines, banking regulations, and compliance requirements . Review financial processes to identify control gaps, operational risks, and compliance risks. Define and strengthen risk management and internal control frameworks for banking operations. Interpret regulatory requirements and translate them into actionable business and process controls. Support risk assessments, control testing, compliance reviews, audits, and remediation activities. Identify operational and financial risks and recommend appropriate mitigation and preventive controls. Collaborate with business, technology, risk, compliance, audit, and operations teams. Prepare and review SOPs, process documents, Risk & Control Matrices (RCM), risk assessments, and governance reports . Support internal and external audits by providing required documentation, evidence, and domain inputs. Monitor regulatory changes and assess their impact on banking processes and controls. Provide guidance to project and delivery teams on banking processes, regulatory compliance, and risk considerations. Required Skills & Experience 12-15+ years of overall experience in Banking / Financial Services . Strong expertise in Finance, Risk Control, Governance, and Compliance . Strong understanding of RBI guidelines, regulations, and banking compliance requirements . Experience working with banks or financial institutions in India. Good understanding of banking finance processes, operational controls, and risk management. Hands-on experience in risk assessment, control design, control testing, audit, and remediation . Ability to interpret regulatory requirements and convert them into business/process controls. Strong stakeholder management and communication skills. Ability to work independently as a Finance/Risk Governance SME . Preferred Skills Experience in banking transformation and regulatory compliance projects. Exposure to RBI audits, internal audits, regulatory audits, or compliance assessments . Knowledge of AML/KYC, operational risk, financial controls, and regulatory reporting . Experience defining Risk & Control Matrices (RCM) and governance frameworks. Relevant certifications such as
CFA, CA, CISA, FRM, MBA
Finance , or equivalent would be an advantage. Qualifications Bachelor's degree in Finance, Commerce, Business Administration, Computer Science, IT, or a related field . Relevant experience in Banking / Financial Services, Risk Control, Governance, and Compliance .
