Operational Risk Practitioner
IDFC FIRST Bank · Mumbai
- Experience8+ yrs
- SalaryNot disclosed
- Work modeunknown
- Levelmanager
- Posted16 Sept 2026
About IDFC FIRST Bank
IDFC FIRST Bank is hiring in Mumbai in financial services. This role looks for around 8+ years of experience.
The role
A manager-level Operational Risk Practitioner role at IDFC FIRST Bank; you assess operational risk exposure across a domain, define and maintain SOPs, Risk Registers and Key Risk Indicators (KRIs), run annual Risk and Control Self-Assessments (RCSA), and analyze incidents to validate corrective and preventive actions using operational risk frameworks and controls, risk assessment tools and incident investigation methods. The role requires at least 8 years of operational risk management experience (preferably in financial services) and experience in Retail Advances and digital lending operations, plus dashboarding, reporting, and regulatory documentation. Location: Mumbai, Maharashtra, India (work mode not stated).
Full job description
Job Requirements
About the Role
The Operational Risk Practitioner serves as a second line of defence, ensuring that risks identified by the business are effectively monitored and mitigated through appropriate controls. The candidate will support risk and operations functions across the respective domain, by assessing operational risk exposure, advising on mitigation strategies, and ensuring adherence to the bank’s risk management framework.
Key Responsibilities
Primary Responsibilities
Assess operational risks across the assigned domain.Define and maintain Standard Operating Procedures (SOPs), Risk Registers, and Key Risk Indicators (KRIs), and monitor them regularly.Conduct annual Risk and Control Self-Assessments (RCSA).Analyze reported incidents and validate corrective and preventive actions.Review and approve product notes from an Operational Risk Management (ORM) perspective.Generate, disseminate, and follow up on dashboards in line with defined procedures and quality standards.Work on internal projects to enhance departmental productivity and implement best industry practices.Ensure adherence to the bank’s operational risk framework and contribute to achieving KRA metrics.
Secondary Responsibilities
Support regulatory and internal audits.Collaborate with senior management on various projects and action items.Manage team aspirations and contribute to talent attraction and retention.
What We Are Looking For
Education
Graduation: Graduate in any discipline from a recognized institutionPost-graduation: Postgraduate in any discipline from a recognized institutionProfessional Degree Stream: CA
Experience
Minimum 8 years of relevant experience in operational risk management, preferably within financial services.
Skills and Attributes
Strong understanding of operational risk frameworks and controls.Experience in Retail Advances and digital lending operations.Proficiency in risk assessment tools and methodologies.Excellent analytical and incident investigation skills.Strong communication and stakeholder management abilities.Ability to manage dashboards, reporting, and regulatory documentation.Leadership skills with a focus on team development and performance.Strategic thinking and problem-solving mindset.