Assistant Manager | Risk & Control | Pune | Regulatory & Financial Risk

Assistant Manager | Risk & Control | Pune | Regulatory & Financial Risk

• Job requisition ID : 116293

• Location: Pune

• Entity: Deloitte Touche Tohmatsu India LLP

The team

Deloitte Strategy, Risk & Transaction helps entities mitigate risk while discovering new opportunities to create value. Our end-to-end risk services span all domains, from managing strategic risks in the C-Suite to improving board oversight, and from balancing financial and environmental policies to addressing cyber threats. Learn more about Risk, Regulatory & Forensic)

Your work profile

Support development and maintenance of Risk & Control Frameworks, including RCMs, process flowcharts, and controls documentation

Participate in Risk & Control Self-Assessments (RCSA) to identify inherent and residual risks, control gaps, and mitigation plans

Perform current-state vs target-state controls gap analysis

Support regulatory change programmes, impact assessments, and remediation tracking

Control Testing & Assurance

Execute Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET)

Document test results and work with process owners on remediation and compensating controls

Support ongoing control monitoring, exception tracking, and trend analysis

Risk Monitoring & Reporting

Monitor KRIs, control performance trends, and escalate emerging risks

Prepare risk and control dashboards and reports for leadership and audit stakeholders

Support internal and external audits and regulatory examinations

Stakeholder & Delivery Management

Partner with collections operations, credit risk, compliance, and second-line risk teams Identify opportunities for process improvement, simplification, and automation

Provide risk awareness guidance and training to business stakeholders Ad Hoc & Strategic Initiatives

Support policy updates, system implementations, and remediation initiatives

Contribute to special projects aligned with risk transformation and control enhancement

Key skills required

4-8 years in Banking Risk and controls assurance and any Graduate

Understanding of risk management principles and controls framework

Experience in RCSA, controls testing, KPI/KRI frameworks preferred

Strong understanding of data controls, lineage, and reconciliations

SQL, Data Lineage, Agile, Confluence, Change Management, BRD, FRD, UAT

Good to Have

BCBS 239 familiarity