Join Deloitte's Strategy, Risk & Transaction team as a Manager in Risk & Control, based in Chennai. This role is pivotal in helping entities navigate risks and uncover new avenues for value creation. Our comprehensive risk services cover strategic risk management, board oversight, financial and environmental policy balancing, and cybersecurity.

This position offers a challenging opportunity within the Regulatory & Financial Risk domain, focusing on strengthening risk and control frameworks. You will play a key part in ensuring robust risk management practices and contributing to client success.

Support the development and upkeep of Risk & Control Frameworks, including RCMs, process flowcharts, and control documentation. Engage in Risk & Control Self-Assessments (RCSA) to pinpoint risks, identify control gaps, and formulate mitigation strategies. Conduct gap analyses between current and target state controls. Assist with regulatory change programs, impact assessments, and remediation tracking.

Execute Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET). Document test outcomes and collaborate with process owners on remediation plans. Support ongoing control monitoring, exception tracking, and trend analysis. Monitor Key Risk Indicators (KRIs), control performance, and escalate emerging risks. Prepare risk and control reports for leadership and audit stakeholders. Facilitate internal/external audits and regulatory examinations.

We are seeking a professional with 4-8 years of experience in Banking Risk and controls assurance. A graduate degree is required. Candidates should possess a solid understanding of risk management principles and control frameworks. Experience with RCSA, controls testing, and KPI/KRI frameworks is highly desirable.

Proficiency in data controls, lineage, and reconciliations is essential. Familiarity with SQL, Data Lineage, Agile methodologies, Confluence, Change Management, BRD, FRD, and UAT is expected. Experience with BCBS 239 is considered a strong advantage.