Risk Assurance Analyst - AVP/ DVP

The Risk Assurance team is entrusted with independently and objectively monitoring the progress and closure of all compliance activities within the Risk function. This includes oversight of compliance with RBI observations, internal audit findings, regulatory expectations and other applicable compliance. We are seeking an experienced risk professional having experience in Operational Risk assessment of various functions of the bank to join our Risk Assurance team. In this mid level role, you will provide an independent and objective view on the status of compliance with requirements emanating from regulatory notifications, RBI inspection observations, internal audit observations, etc. Experience should be in conducting Operational Risk assessments for multiples functions of the bank, analysing KRIs and reported incidents, reviewing and approving product notes from Operational Risk perspective. Candidate should also demonstrate strong knowledge of all RBI guidelines. You will conduct critical review of RBI inspection responses (indents/queries) and Internal Audit findings, ensuring our answers are robust, evidence-backed, and fully compliant with regulatory expectations. Additional experience in conducting IT Risk assessments also will be preferred.Key Responsibilities include:1. Review of compliance with RBI/Internal Audit observations.2. Track open action points emanating from above areas till closure.3. Review and challenge risk mitigation plan, target closure date and additional / enhanced control requirements with Function Heads.4. Align departments/functions towards audit readiness aporoach.5. Read and disseminate new/revised RBI notifications to the relevant stakeholders in Risk.6. Review with Function/Vertical Heads:- RACI review of various policies owned by Risk- Requirements emanating from new/revised regulatory notifications (including India, Hong Kong, Singapore, DIFC, Gift City)- Internal Audit reports- Compliance testing reports- Risk related open action points from meetings/discussions with MD, CRO, Committees, Councils, etc.Qualification: CA, MBA, CFA, C.S., MCA,etc.Professional certificates: CISA, CISM, FRM, etc.Experience: 8 to 15 years of experience in financial institutions or highly regulated entities.Key Skill:- Excellent analytical, communication and interpersonal skills