KPMG

Assistant Manager - Operation Risk

Posted On

Dec. 18, 2025

Location

Mumbai, Maharashtra

Experience Level

KI Professional

Job Type

Full Time

Apply By

Dec. 31, 2025

Job Description

About KPMG in India

KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.

KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.

Job Title: Assistant Manager

Location: Mumbai

Department: Financial Risk Management

Job Type: Full-Time

Position Overview:

We are seeking an experienced Operational Risk profile with a background in banking or financial services. The ideal candidate will possess professional qualifications such as CA, CWA, or an MBA, coupled with 3 to 7 years of experience in operational risk management.

Key Responsibilities:

Operational Risk Framework Development:

Design and implement comprehensive operational risk frameworks including policies and governance structures.
Develop and maintain Risk and Control Self-Assessment (RCSA) frameworks.

Risk and Control Analysis:

Conduct thorough risk identification from processes and evaluate their respective controls.
Assess the design and effectiveness of existing controls, focusing on inherent risks, control assessments, and residual risk.

Key Risk Indicators (KRIs) Management:

Identify and establish KRIs, and design appropriate thresholds to manage operational risks effectively.
Monitor, report, and analyze KRIs to ensure alignment with the organization's risk appetite.

Regulatory Compliance:

Stay informed about regulatory requirements applicable to banks and financial institutions.
Ensure compliance with relevant regulations, ensuring organizational adherence to governance standards.

Operational Loss Incident Management:

Develop and enhance operational loss incident management frameworks.
Analyze operational risk incidents and monitor external incidents for potential impact on the organization.

Qualifications:

CA, CWA, or MBA with 3 to 7 years of experience in operational risk management in the banking or financial services sector.
In-depth understanding of operational risk management principles, including risk identification, control assessment, and residual risk analysis.
Strong experience in developing and implementing risk frameworks and KRIs.
Knowledge of regulatory requirements specific to banking and financial services.
Excellent analytical, communication, and problem-solving skills.

Equal employment opportunity information

KPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.

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