Risk Management Associate

Key Responsibilities

Risk & Control Self-Assessment (RCSA)

• Coordinate periodic Risk and Control Self-Assessments across business and support functions.
• Track closure of control gaps and remediation actions.
• Maintain centralized ORM documentation and evidence repository.

Operational Incident & Loss Management

• Support implementation and administration of operational incident reporting processes.
• Perform root cause analysis on operational risk events and near misses.
• Maintain operational loss databases and trend analysis.

Key Risk Indicator (KRI) Monitoring

• Collect, validate and analyze KRI data from various functions.
• Prepare risk dashboards and management reports.
• Escalate emerging risk trends and breaches against approved thresholds.

Business Continuity & Operational Resilience

• Support Business Continuity Management (BCM) activities.
• Maintain BCM documentation, testing schedules and action trackers.

Third Party Risk Management

• Participate in risk assessments of critical outsourcing arrangements and service providers.
• Track risk mitigation actions arising from vendor assessments.

Financial Risk Management & Investment Mid-Office

Investment Compliance Monitoring

• Monitor compliance of investment activities against:
• IRDAI Investment Regulations
• Board-approved Investment Policy
• Internal investment limits

Investment Limit Monitoring

• Track investment exposure limits and thresholds.
• Identify, investigate and escalate investment breaches or exceptions.
• Maintain investment compliance reporting and evidence.