Verified Job
Accounting - Finance
Associate Specialist Operational Risk Management FirmWide Technology and Operations
Accounting - Finance
#338419
Remote / WFH
Job Description
Business Function
Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose
A team member to build and drive the implementation of first line of defense to proactive manage operational risk within T&O.
Key Responsibilities & Accountabilities
Operational Risk & Governance responsibilities
To perform independent validation exercise of RCSA’s for various Ops units. This responsibility will extend to co-ordination and updating of Operational Risk system. The assurance is required in the design effectiveness and sample testing.
To supervise various process reviews and collaborate with units to ensure risk is mitigated in operational processes.
High Rated employee in current role with experience of Ops, Ops risk and Audit
To supervise reporting of KRI’s and various Risks related reports.
To supervise data analytics for management overview.
Guide and help Operations units and branches by resolving their queries pertain to processes and accounts.
Review New Product Approvals/ Outsourcings and identify risks/ co-ordinate with various stakeholders and highlight risks.
Liaison with Regional counterparts for implementation of best risk practices
Conduct Local Forums to ensure Management oversight to risk items and similar forums for dissemination of information to T&O staff
Ensure timely reporting/escalating of risk events/significant incidents via reporting requirements with respective units and tracking & monitoring and timely issue resolution
Investigate and supervise root cause analysis for risk incidents and events arising out of operational lapses/frauds (internal/external)/application issues and process gaps.
To be responsible for providing risk support in the management of incidents to minimise risk/loss and to identify, analyse and report control metrics on a timely basis.
Perform thematic reviews to identify gaps and advise solutions to mitigate the gaps
Risk Based Supervision
Review compliance to regulatory guidelines.
To manage the Risk Based Supervision Audit for Technology and Operations (T&O)
To perform the analysis of various requirements and correlate the purpose of data asked.
Work on the automation of RBS requirement for Technology and Operations.
Track the new RBI guidelines and ensure the implementation in T&O.
Required Experience
Essential
Prior experience in Operational Risk, Internal Audit, Governance & Control team.
Desirable
Experience of min 5 years in an Audit or related function.
Core Competencies
Strong planning, organizational and analytical skills
Attention to detail and accuracy
Effective problem-solving skills
Computer literate, with a good understanding of Microsoft Power point, Visio, Excel and Word
Able to work independently with strong teamwork values
Desirable
Good inter-personal and communication skills
Able to work Independently and have initiative to plan and prepare work tasks in advance
Technical Competencies
Operational Risk policy & procedures
Regulatory guidelines (RBI & other local regulators)
Information Security guidelines
Work Relationship
Collaboration with all units of the bank and working in a cohesive manner
Working relationship with T&O Risk Mgt, Corporate Security, Information Security, Group Compliance, Group Risk, Group Legal, Group Audit, Group Business Continuity Management, and other Business Units and vendors.
DBS India - Culture & Behaviors
DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviors are:
Demonstrate Business Performance through PRIDE Value Based Propositions
Ensure Customer Focus by Delighting Customers & Reduce Complaints
Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement
Maintain the Highest Standards of Honesty and Integrity
Primary Location: India-Maharashtra-Mumbai
Job: Risk Management
Schedule: Regular
Employee Status:
Full-time
:
Job Posting: May 25, 2026, 3:30:52 AM
Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose
A team member to build and drive the implementation of first line of defense to proactive manage operational risk within T&O.
Key Responsibilities & Accountabilities
Operational Risk & Governance responsibilities
To perform independent validation exercise of RCSA’s for various Ops units. This responsibility will extend to co-ordination and updating of Operational Risk system. The assurance is required in the design effectiveness and sample testing.
To supervise various process reviews and collaborate with units to ensure risk is mitigated in operational processes.
High Rated employee in current role with experience of Ops, Ops risk and Audit
To supervise reporting of KRI’s and various Risks related reports.
To supervise data analytics for management overview.
Guide and help Operations units and branches by resolving their queries pertain to processes and accounts.
Review New Product Approvals/ Outsourcings and identify risks/ co-ordinate with various stakeholders and highlight risks.
Liaison with Regional counterparts for implementation of best risk practices
Conduct Local Forums to ensure Management oversight to risk items and similar forums for dissemination of information to T&O staff
Ensure timely reporting/escalating of risk events/significant incidents via reporting requirements with respective units and tracking & monitoring and timely issue resolution
Investigate and supervise root cause analysis for risk incidents and events arising out of operational lapses/frauds (internal/external)/application issues and process gaps.
To be responsible for providing risk support in the management of incidents to minimise risk/loss and to identify, analyse and report control metrics on a timely basis.
Perform thematic reviews to identify gaps and advise solutions to mitigate the gaps
Risk Based Supervision
Review compliance to regulatory guidelines.
To manage the Risk Based Supervision Audit for Technology and Operations (T&O)
To perform the analysis of various requirements and correlate the purpose of data asked.
Work on the automation of RBS requirement for Technology and Operations.
Track the new RBI guidelines and ensure the implementation in T&O.
Required Experience
Essential
Prior experience in Operational Risk, Internal Audit, Governance & Control team.
Desirable
Experience of min 5 years in an Audit or related function.
Core Competencies
Strong planning, organizational and analytical skills
Attention to detail and accuracy
Effective problem-solving skills
Computer literate, with a good understanding of Microsoft Power point, Visio, Excel and Word
Able to work independently with strong teamwork values
Desirable
Good inter-personal and communication skills
Able to work Independently and have initiative to plan and prepare work tasks in advance
Technical Competencies
Operational Risk policy & procedures
Regulatory guidelines (RBI & other local regulators)
Information Security guidelines
Work Relationship
Collaboration with all units of the bank and working in a cohesive manner
Working relationship with T&O Risk Mgt, Corporate Security, Information Security, Group Compliance, Group Risk, Group Legal, Group Audit, Group Business Continuity Management, and other Business Units and vendors.
DBS India - Culture & Behaviors
DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviors are:
Demonstrate Business Performance through PRIDE Value Based Propositions
Ensure Customer Focus by Delighting Customers & Reduce Complaints
Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement
Maintain the Highest Standards of Honesty and Integrity
Primary Location: India-Maharashtra-Mumbai
Job: Risk Management
Schedule: Regular
Employee Status:
Full-time
:
Job Posting: May 25, 2026, 3:30:52 AM
