Join Deloitte as a Deputy Manager in our Risk & Control team, specializing in Regulatory & Financial Risk. This role offers an exciting opportunity to contribute to a dynamic team focused on mitigating risks and uncovering new avenues for value creation. You will be instrumental in developing and maintaining robust risk frameworks and ensuring compliance within a leading professional services firm.

Our Risk, Regulatory & Forensic services are designed to empower entities by managing strategic risks, enhancing board oversight, and addressing complex financial and cyber threats. This position is based in Bengaluru and is part of Deloitte Touche Tohmatsu India LLP.

This role involves supporting the creation and upkeep of Risk & Control Frameworks, including detailed RCMs and process documentation. You will actively participate in Risk & Control Self-Assessments (RCSA) to identify risks and gaps, and conduct gap analyses between current and target states.

Key responsibilities include executing Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET), documenting findings, and collaborating on remediation plans. You will also monitor key risk indicators (KRIs), track control performance, and support audits and regulatory examinations. Partnership with various business units to drive process improvements and provide risk awareness training is also integral to this position.

The ideal candidate possesses 4-8 years of experience in Banking Risk and controls assurance, coupled with a solid understanding of risk management principles and control frameworks.

Proven experience in RCSA, controls testing, and KPI/KRI frameworks is highly preferred. A strong grasp of data controls, lineage, and reconciliations is essential. Proficiency in SQL, Data Lineage, Agile, Confluence, Change Management, BRD, FRD, and UAT is required. Familiarity with BCBS 239 is also expected for this role.