Assistant Manager | Risk & Control | Mumbai | Regulatory & Financial Risk

• *Assistant Manager \| Risk \& Control \| Mumbai \| Regulatory \& Financial Risk**

• **Job requisition ID** : 116289

• **Location**: Mumbai

• **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 and Graduate

• 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

• *Good to Have:**
• BCBS 239 familiarity