Group Risk Team Member- Mumbai

Job Description:

The Group Risk Team Member will support the Head – Group Risk in identifying, assessing, measuring, mitigating, monitoring, and reporting risks across all subsidiaries of the bank. This role ensures alignment with the Group’s Enterprise Risk Management (ERM) framework and contributes to a holistic view of risk at the group level. Key Responsibilities  Risk Identification & Assessment  Participate in periodic risk profiling exercises across subsidiaries  Evaluate key risk categories such as credit, market, operational, liquidity, compliance, conduct, IT & cyber, reputation and interconnected risk between the entities of the group leading to systemic risk  Collate information from subsidiaries in standardised format  Governance & Reporting  Consider the Group’s principal risks and maintain the Group Enterprise Risk Management Policy  Assist in preparing and presenting risk dashboards, analysis and presentation for Senior Management and GRMC meetings  Monthly and quarterly liquidity reporting to ALCO  Coordinate with finance and regulatory teams for risk disclosures and RBI returns  Policy Implementation & Monitoring  Ensure consistent implementation of the Group ERM policy across entities  Implement standard KRIs  Monitor performance against risk appetite and report breaches, if any  Work on implementation of directions given by Group Risk Committee  Collaboration  Collaborate with risk officers, compliance teams  Work with the Bank risk team to share risk benchmarks and expertise with the Group Qualifications & Experience  Minimum 5–8 years of experience in risk management, preferably in banking or financial services.  Understanding of regulatory frameworks including ICAAP, RBI guidelines, and Basel norms preferred  Experience in risk analytics, stress testing, and risk appetite formulation is preferred. Skills & Competencies  Analytical mindset with attention to detail.  Excellent communication and presentation skills.  Ability to work cross-functionally and manage multiple stakeholders.