Assistant Manager - Risk Job in Groww

Position: Assistant Manager - Risk

Location: Bengaluru

About Groww

At Groww, we are a passionate team dedicated to making financial services accessible to every Indian. Through our multi-product platform, we help millions of customers take control of their financial journeys. Customer obsession is at the heart of everything we do. From every product design to each algorithm, we focus on delivering the best experience, making financial services simple, transparent, and convenient.

Our values include ownership, customer-centricity, and integrity. We believe in constantly challenging the status quo to drive meaningful change.

Our Vision

We aim to empower every individual with the knowledge, tools, and confidence to make informed financial decisions. Groww s long-term vision is to be India s most trusted financial partner, offering innovative financial solutions across various services.

Our Core Values

• Radical Customer Centricity
• Ownership-Driven Culture
• Simplicity
• Long-Term Thinking
• Complete Transparency

About the Role

We re looking for a highly motivated Risk Manager to join our team and play a crucial role in overseeing the development and implementation of the operational risk management framework across the organization. In this role, you will collaborate with cross-functional teams, senior leadership, and external stakeholders to identify, assess, and mitigate risks effectively.

The ideal candidate will have a strong problem-solving mindset, excellent analytical skills, and a proven track record of managing risk in a result-oriented environment. As a Risk Manager, you will contribute to shaping a robust risk culture and ensuring smooth operations within the organization.

Key Responsibilities:

• Risk Identification & Assessment: Perform risk identification and assessments across various functions, and recommend process changes to mitigate operational risks.
• Cross-Functional Collaboration: Work closely with teams like Credit, Risk, Compliance, and Technology to implement effective risk mitigation strategies.
• Monitoring & Reporting: Track and analyze key risk indicators, and provide regular updates to management and stakeholders.
• Risk Committee Coordination: Lead and orchestrate Monthly Risk Committee meetings, providing insightful reports to senior leadership and key stakeholders.
• Incident Management: Examine reported incidents and validate the implementation of corrective and preventive actions.
• Audit Coordination: Collaborate with internal audit teams to align risk management efforts with audit activities.
• Root Cause Analysis: Conduct root cause analysis (using methods like 5 Whys, Fishbone, etc.) to identify corrective and preventive actions.
• Risk Awareness & Training: Conduct training sessions to promote risk awareness and adherence to risk management practices across the organization.

Required Skills & Expertise:

• Experience: 2-5 years of experience in operational risk management, preferably within the financial industry.
• Risk Assessment & Mitigation: Deep knowledge of risk assessment methodologies and risk mitigation strategies.
• Regulatory Knowledge: Clear understanding of regulatory requirements related to risk management.
• Audit Knowledge: Familiarity with auditing principles and standards (e.g., ISO, CMMI).
• Problem-Solving: Strong analytical skills and the ability to solve complex problems with a detail-oriented approach.
• Communication Skills: Excellent interpersonal and communication skills to collaborate with senior leaders, cross-functional teams, and external stakeholders.
• Ownership & Responsibility: A high level of accountability and ownership in driving initiatives to completion.

Qualifications:

• Educational Background: Graduate degree (CA, MBA from a Tier 1 Institute preferred).
• Technical Skills: Strong proficiency in Excel (knowledge of SQL will be an added advantage).
• Certifications (Preferred): Knowledge of internal and external audit standards like ISO, CMMI, etc.

Why Groww?

• Impact: Shape the future of risk management in one of India s fastest-growing financial services platforms.
• Growth Opportunities: Take ownership of key risk management projects and contribute to the company s overall strategy.
• Culture: Work in a collaborative, transparent, and innovative environment where your contributions are valued.

If you're passionate about risk management and want to make a significant impact in a fast-growing fintech company, we d love to hear from you.