Risk & Control Associate.
This mandate is run by SYMPHONI HR, a Mumbai-based executive search firm, est. 2003. Applications are email-verified and reach the search team running the role — confidentially, always.
About the organisation.
Our client is a leading global financial services firm with a strong presence in investment banking and capital markets. They operate at significant scale across multiple regions and are known for a disciplined, risk-aware culture. The organisation values collaboration, continuous improvement and professional growth.
About the role.
The Risk & Control Associate will support the design, implementation and testing of operational risk and control frameworks within a regulated banking environment. The role involves working closely with business and control functions to identify, assess and monitor risks and to strengthen the control environment. This is a hybrid role based in Mumbai, offering exposure to investment banking products and enterprise-wide risk governance.
What you will do.
- Support the implementation and maintenance of the operational risk management framework, including events management, RCSA, KRIs and risk reporting.
- Perform control testing covering both design and operating effectiveness, including sample testing and documentation of results.
- Assist in identifying, assessing and escalating operational, credit, market and model risks across business areas.
- Partner with business stakeholders to remediate control gaps and track action plans to closure.
- Support 1.5 Line of Defense governance activities, including oversight reviews and risk committee reporting.
- Prepare clear presentations and management reports summarising risk and control insights for senior stakeholders.
- Analyse risk and control data using Excel, SQL, Power BI, Alteryx or Python to identify trends and anomalies.
- Maintain accurate records and workflows within GRC systems.
What you bring.
- 4-7 years of experience in risk management, internal controls or operational risk within banking or financial services.
- Strong understanding of risk management frameworks and operational risk management principles.
- Hands-on experience in control testing methodologies, including design and operating effectiveness testing.
- Working knowledge of investment banking products and their associated risks.
- Exposure to credit risk, market risk, model risk or stress testing is preferred.
- Experience with GRC systems and 1.5 Line of Defense governance is an advantage.
- Proficiency in Excel, PowerPoint and at least one data tool such as SQL, Power BI, Alteryx or Python.
- Excellent written and verbal communication and stakeholder management skills.
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