Join our esteemed Risk & Control team in Chennai as a Deputy Manager, focusing on Regulatory and Financial Risk. You will play a crucial role in strengthening our risk management framework, ensuring robust control processes, and supporting strategic initiatives within Deloitte Touche Tohmatsu India LLP.

This position offers a dynamic environment where you'll collaborate with various business units to identify, assess, and mitigate risks. Contribute to building a resilient operational landscape and enhancing governance across the organization.

Develop and maintain Risk & Control Frameworks, including RCMs, process flowcharts, and control documentation. Participate in Risk & Control Self-Assessments (RCSA) to identify risks, control gaps, and mitigation plans. Conduct gap analyses between current and target state controls. Support regulatory change programs, impact assessments, and remediation tracking. Execute Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET). Document test results and collaborate with process owners on remediation. Monitor Key Risk Indicators (KRIs), control performance, and escalate emerging risks. Prepare risk and control dashboards and reports for leadership. Partner with operations, credit risk, compliance, and risk teams for process improvements. Provide risk awareness guidance and training to business stakeholders.

We are seeking a candidate with 4-8 years of experience in Banking Risk and Controls Assurance. A graduate degree is required.

Essential skills include a strong understanding of risk management principles and control frameworks, with practical experience in RCSA, controls testing, and KPI/KRI frameworks. Proficiency in data controls, lineage, reconciliations, SQL, Agile, Confluence, Change Management, BRD, FRD, and UAT is expected.

Familiarity with BCBS 239 is considered an advantage.