Deputy Manager | Risk & Control | Bengaluru | Regulatory & Financial Risk

Job description

Job requisition ID :: 106815 Date: Jun 18, 2026 Location: Bengaluru Designation: Deputy Manager Entity: Deloitte Touche Tohmatsu India LLP **Deputy Manager | Risk & Control | Bengaluru | Regulatory & Financial Risk** - **Job requisition ID** : 106815 - **Location**: Bengaluru - **Entity**: Deloitte Touche Tohmatsu India LLP **Manager| SRT-** **RRF| Risk & Control** - **Location:** Bengaluru **The team** Innovation, transformation and leadership occur in many ways. At Deloitte, our ability to help solve clients’ most complex issues is distinct. We deliver strategy and implementation, from a business and technology view, to help you lead in the markets where you compete. Learn more about our Risk Regulatory & Forensic Practice. **Your work profile** **Experience: 4-8 years** **Role Overview:** We are looking for a skilled Risk & Control Analyst to support the risk and controls framework for enterprise-wide risk governance across key banking functions. **Key Responsibilities:** - Support development and maintenance of Risk & Control Frameworks, including RCMs, process flowcharts, and controls documentation - Participate in Risk & Control Self-Assessments (RCSA) to identify inherent and residual risks, control gaps, and mitigation plans - Perform current-state vs target-state controls gap analysis - Support regulatory change programmes, impact assessments, and remediation tracking **Control Testing & Assurance** - Execute Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET) - Document test results and work with process owners on remediation and compensating controls - Support ongoing control monitoring, exception tracking, and trend analysis **Risk Monitoring & Reporting** - Monitor KRIs, control performance trends, and escalate emerging risks - Prepare risk and control dashboards and reports for leadership and audit stakeholders - Support internal and external audits and regulatory examinations **Stakeholder & Delivery Management:** - Partner with collections operations, credit risk, compliance, and second-line risk teams Identify opportunities for process improvement, simplification, and automation - Provide risk awareness guidance and training to business stakeholders Ad Hoc & Strategic Initiatives - Support policy updates, system implementations, and remediation initiatives - Contribute to special projects aligned with risk transformation and control enhancement **Required Skills & Experience:** - 4-8 years in Banking Risk and controls assurance - Understanding of risk management principles and controls framework - Experience in RCSA, controls testing, KPI/KRI frameworks preferred - Strong understanding of data controls, lineage, and reconciliations - SQL, Data Lineage, Agile, Confluence, Change Management, BRD, FRD, UAT **Good to Have:** - BCBS 239 familiarity - Experience in large banks or Big-4 consulting