Join our Risk & Control team as a Deputy Manager, specializing in Regulatory & Financial Risk. This role is based in Hyderabad and offers an exciting opportunity to contribute to Deloitte's Strategy, Risk & Transaction services. You'll be instrumental in helping clients navigate complex risks and identify new avenues for value creation.

Our team provides comprehensive risk services, addressing everything from strategic C-suite challenges and board oversight to financial and environmental policies and cyber threats. We are looking for individuals passionate about mitigating risk and enhancing organizational resilience.

You will be responsible for developing and maintaining Risk & Control Frameworks, including RCMs and process documentation. This involves participating in Risk & Control Self-Assessments (RCSA) to identify risks, control gaps, and mitigation strategies, as well as performing gap analyses between current and target state controls.

Key duties include executing Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET), documenting findings, and collaborating with process owners on remediation. You will also monitor ongoing control performance, track exceptions, and analyze trends, escalating emerging risks as needed. Preparing risk and control dashboards and supporting audits are also integral parts of this role.

Candidates should possess 4-8 years of experience in Banking Risk and controls assurance. A strong understanding of risk management principles and control frameworks is essential. Prior experience with RCSA, controls testing, and KPI/KRI frameworks is preferred, alongside a solid grasp of data controls, lineage, and reconciliations.

Proficiency in SQL, Data Lineage, Agile methodologies, Confluence, Change Management, BRD, FRD, and UAT is required. Familiarity with BCBS 239 is considered a valuable asset for this position.