Financial Risk Management Manager

Job description

**The Opportunity** We are seeking a Manager / Senior Manager to join our Financial Services Risk Advisory practice. The successful candidate will play a key role in designing and enhancing ERM frameworks, implementing risk governance practices, conducting risk assessments, and advising clients on evolving regulatory and risk management requirements. **Key Responsibilities** - Design, review, and enhance Enterprise Risk Management (ERM) frameworks, policies, and governance structures. - Develop and monitor Key Risk Indicators (KRIs), Risk Appetite Frameworks, and risk monitoring mechanisms. - Establish and manage Loss Data Management (LDM) processes, including loss event collection, validation, analysis, and reporting. - Conduct enterprise-wide risk assessments and facilitate risk identification, measurement, monitoring, and mitigation activities. - Execute stress testing, scenario analysis, and back-testing exercises across key risk categories. - Support the development, validation, and enhancement of risk models across operational, credit, market, and enterprise risk domains. - Analyze risk trends and provide actionable insights to senior management and risk committees. - Prepare risk dashboards, management reports, and Board-level presentations. - Ensure alignment with regulatory requirements, Basel guidelines, RBI regulations, ICAAP expectations, and industry best practices. - Collaborate with business, compliance, audit, and technology teams to embed effective risk management practices. - Lead client engagements, manage project delivery, and mentor junior team members. **Qualifications** - 6 to 12+ years of experience in Risk Management, Risk Advisory, Banking, or Financial Services. - Strong experience in ERM Frameworks, KRIs, Risk Appetite Frameworks, Loss Data Management, and Operational Risk Management. - Hands-on exposure to stress testing, scenario analysis, back-testing, and risk analytics/model validation. - Good understanding of Basel guidelines, RBI regulations, ICAAP, and enterprise risk governance practices. - Proficiency in analytical and reporting tools such as Excel, Power BI, SQL, SAS, Python, R, or similar platforms. - Strong analytical, problem-solving, stakeholder management, and communication skills. - Ability to manage multiple engagements and interact effectively with senior client stakeholders. - Bachelors or Master’s degree in Finance, Risk Management, Economics, Statistics, Mathematics, Accounting, or a related discipline. - Professional certifications such as FRM, PRM, CFA, CA, CPA, or equivalent will be an added advantage.