Lead Analyst. Risk management-ERM
Mashreq Corporate & Investment Banking Group · Bengaluru, Karnataka, India
- On site
- Full-time
- AED 250,000 / year
- Bengaluru, Karnataka, India
Job highlights
- Lead Enterprise Risk Management framework development.
- Conduct comprehensive risk assessments.
- Identify and mitigate key risks.
- Collaborate across business units.
- Enhance organizational risk resilience.
About the role
About Mashreq Corporate & Investment Banking Group
The leading financial institution in MENA, Mashreq proudly thinks like a challenger, startup, and innovator in banking and finance. Powered by a diverse and dynamic team who put customers first, we pioneer key innovations and developments in banking and financial services. Our mandate is to help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success.
We are dedicated to delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholder value. We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.
About the Role
We are seeking a highly motivated and experienced Lead Analyst to join our Enterprise Risk Management (ERM) team. This role will be instrumental in developing and implementing robust risk management frameworks, policies, and procedures across the organization. You will lead risk assessments, identify emerging risks, and provide strategic insights to senior management to enhance our risk resilience and decision-making capabilities.
Key Responsibilities
- Lead the development, implementation, and ongoing enhancement of the Enterprise Risk Management (ERM) framework.
- Conduct comprehensive risk assessments, including financial, operational, strategic, and compliance risks.
- Identify, analyze, and monitor key risk indicators (KRIs) and develop mitigation strategies.
- Collaborate with various business units to foster a strong risk culture and ensure adherence to risk policies.
- Prepare and present risk reports and insights to senior management and relevant committees.
- Stay abreast of industry trends, regulatory changes, and best practices in risk management.
- Mentor and guide junior members of the risk management team.
Qualifications and Experience
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 5-7 years of experience in risk management, preferably within the banking or financial services sector.
- Proven experience in developing and implementing ERM frameworks.
- Strong understanding of various risk types (credit, market, operational, liquidity, compliance).
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong communication, presentation, and interpersonal skills.
- Professional certifications such as FRM, PRM, or CFA are a plus.
Key skills/competency
- Enterprise Risk Management (ERM)
- Risk Assessment
- Risk Mitigation
- Financial Risk
- Operational Risk
- Compliance Risk
- Regulatory Compliance
- Data Analysis
- Strategic Planning
- Leadership
Skills & topics
- Risk Analyst
- Lead Analyst
- Enterprise Risk Management
- ERM
- Risk Management
- Financial Risk
- Operational Risk
- Compliance
- Banking
- Finance
How to get hired
- Tailor your resume: Highlight your leadership in risk management and ERM framework experience, aligning keywords with the 'Lead Risk Analyst' role.
- Craft a compelling cover letter: Express your understanding of Mashreq's innovative approach and how your risk expertise supports their mission to 'Rise Every Day'.
- Showcase relevant experience: Emphasize your track record in financial, operational, and compliance risk assessment and mitigation within the banking sector.
- Prepare for interviews: Be ready to discuss your experience with ERM frameworks, risk appetite, and how you foster a strong risk culture.
- Network and research: Understand Mashreq's position as a leading MENA financial institution and their commitment to innovation.
Technical preparation
Master ERM frameworks and methodologies.,Practice risk assessment and mitigation techniques.,Understand financial, operational, and compliance risks.,Review regulatory requirements in banking.
Behavioral questions
Describe leading a risk assessment project.,How do you foster a risk-aware culture?,How do you handle conflicting stakeholder priorities?,Share an example of influencing senior management.
Frequently asked questions
- What are the primary responsibilities of a Lead Risk Analyst at Mashreq?
- As a Lead Risk Analyst at Mashreq, you will be responsible for developing and implementing the Enterprise Risk Management (ERM) framework, conducting comprehensive risk assessments, identifying and mitigating key risks, and collaborating with business units to foster a strong risk culture. You will also prepare risk reports for senior management.
- What qualifications are essential for the Lead Risk Analyst role at Mashreq Corporate & Investment Banking Group?
- Essential qualifications include a Bachelor's degree in Finance, Economics, or a related field, with 5-7 years of experience in risk management, ideally in banking. Proven experience with ERM frameworks and a strong understanding of various risk types are crucial. Excellent analytical and communication skills are also required.
- Does Mashreq encourage innovation within its risk management teams?
- Yes, Mashreq proudly describes itself as thinking like a challenger, startup, and innovator. They pioneer key innovations and developments, and this mindset is likely reflected in their approach to risk management, encouraging proactive and forward-thinking strategies.
- What is the career growth potential for a Lead Risk Analyst at Mashreq?
- Mashreq's commitment to growth and shareholder value suggests opportunities for career advancement. As a Lead Analyst, you'll gain significant experience in ERM and strategic risk management, potentially leading to senior risk roles or management positions within the expanding financial institution.
- How does Mashreq foster a positive work environment for its employees?
- Mashreq emphasizes treating colleagues with dignity and fairness. Their dynamic team culture and focus on customer success contribute to an environment where employees are encouraged to contribute to innovation and achieve their professional goals.
- What kind of risk assessments are typically performed by a Lead Risk Analyst at Mashreq?
- A Lead Risk Analyst at Mashreq would typically perform comprehensive risk assessments covering financial, operational, strategic, and compliance risks. This includes identifying, analyzing, and monitoring key risk indicators (KRIs) and developing appropriate mitigation strategies for each.