Lead Operational Risk

About Abans Group:

Abans Financial Services Ltd. is a listed, diversified financial services company offering a comprehensive suite of solutions across

broking, commodity trading, asset management, financing, and investment advisory. Headquartered in Mumbai, the company

operates with a strong presence in both Indian and global markets, serving institutional, corporate clients. As part of the larger

Abans Group, the company continues to expand its footprint by delivering integrated financial services and building robust

technology platforms to support its growing client base.

Role Overview

We are looking for a seasoned Operational Risk professional to lead and strengthen the organization’s risk management

framework. This role will drive risk strategy, governance, and oversight across business functions, ensuring robust controls,

regulatory compliance, and operational resilience.

The incumbent will act as a key risk partner to senior leadership, with high visibility and impact across the organization.

Key Responsibilities

1. Risk Identification, Risk Monitoring, Reporting & Assessment

Identify operational risks across business units including trading, custody, AIF, and wealth operations

Lead and drive Risk & Control Self-Assessments (RCSA) across functions

Develop and maintain enterprise risk registers and heat maps

Define and track Key Risk Indicators (KRIs) and ensure timely escalation of breaches

Prepare risk dashboards, MIS, and board-level reports

Analyse loss events and drive actionable insights and remediation

3. Controls & Governance, Regulatory Compliance

Design and strengthen internal control frameworks across the organization

Drive control testing, reviews, and continuous improvement initiatives

Partner closely with Internal Audit and Compliance teams on governance matters

Ensure adherence to regulatory requirements (SEBI / RBI where applicable)

Act as a key point of contact during regulatory inspections and audits

4. Incident & Issue Management

Oversee end-to-end incident management framework

Lead root cause analysis (RCA) for critical risk events

Ensure timely closure of audit findings and risk issues with accountability

6. Process Improvement & Transformation

Identify opportunities for automation, efficiency, and control enhancement

Drive a strong risk culture and awareness across business teams

7. Stakeholder & Leadership Management

Collaborate with senior stakeholders across business, technology, compliance, and audit

Act as a trusted risk advisor to leadership and business heads

Lead, mentor, and build a high-performing risk team (if applicable)

Key Requirements

Education: MBA / CA / CFA preferred

Experience:

o 6–15 years in Operational Risk / Internal Audit / Risk & Controls

o Experience in Capital Markets / Wealth / AIF / Custody preferred

Strong understanding of: RCSA, KRIs, and loss data management, Regulatory frameworks (SEBI / RBI)

Ability to drive risk initiatives at an enterprise level

Strong analytical, problem-solving, and stakeholder management skills

What We’re Looking For

Leadership mindset with strong ownership and accountability

Ability to influence senior stakeholders and drive change

Structured thinking with a solution-oriented approach

Ability to operate effectively in a dynamic, fast-paced environment

Why This Role

High visibility role with direct interaction with leadership and decision-makers

Opportunity to build, scale, and influence the risk framework

Strategic + execution role with organization-wide impact