Manager Risk & Control Bengaluru Regulatory & Financial Risk
Deloitte India (South Asia) · Consulting & Professional Services
- Bengaluru, India
- On-site
- Posted yesterday
- Finance & Accounting
About the job
Manager | Risk & Control | Bengaluru | Regulatory & Financial Risk
Job requisition ID : 113549
Location : Bengaluru
Entity : Deloitte Touche Tohmatsu India LLP
The team
Deloitte Strategy, Risk & Transaction helps entities mitigate risk while discovering new opportunities to create value. Our end-to-end risk services span all domains, from managing strategic risks in the C-Suite to improving board oversight, and from balancing financial and environmental policies to addressing cyber threats. Learn more about Risk, Regulatory & Forensic )
Your work profile
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
Key skills required:
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
BCBS 239 familiarity