Senior Analyst, Operational Risk

Reposted 12 Hours Ago
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Mumbai, Maharashtra, IND
In-Office
Mid level
Software • Financial Services
The Role
The Senior Analyst, Operational Risk oversees investment governance processes, manages insurance applications, supports audits, conducts risk assessments, and ensures effective communication with stakeholders.
Summary Generated by Built In
Reporting To:Director, Operational Risk

Shift:About Russell Investments, Mumbai: 

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 90-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $962 billion in assets under advisement (as of December 31, 2025) and $376.9 billion in assets under management (as of December 31, 2025) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.


Job Description:

Every day, we seek to improve financial security for people.

As part of our continued efforts to strengthen risk management practices, Russell Investments is seeking a dynamic and detail-oriented Senior Analyst, Operational Risk with strong project management and communication capabilities to join our Operational Risk Management team.

As a member of the Operational Risk team, you’ll be part of a collaborative and purpose-driven team that values integrity, innovation, and impact. This role is responsible for overseeing the investment governance process, including the administration of the Investment Strategy Committee (ISC) and related committees. This role blends core risk management responsibilities with hands-on project management, offering a unique opportunity to shape and strengthen our operational resilience.

Key Responsibilities
  • Manage annual insurance application process and related support including Russell Investments’ insurance narrative, supporting schedules required the various policies covering multiple renewal cycles.

  • Support the SOC1 audit engagement and certification process.

  • Support operational risk activities, including risk assessments, control documentation and testing, event analysis, and remediation tracking.

  • Develop and maintain training materials and guidance to support operational risk management program.

  • Deliver high-quality risk reporting to internal and external stakeholders, including senior and executive leadership.

  • Support broader Operational Risk initiatives, including program enhancements, risk assessments, and continuous improvement efforts.

Qualifications & Experience
  • Bachelor’s degree in Business Management, Commerce, Finance, Accounting, or a related discipline

  • 3–5 years of experience in financial services, with exposure to asset management, operational risk, internal/external audit, and/or project management

Skills & Competencies
  • Proven ability to execute and deliver high-quality results in a fast-paced environment with competing priorities and deadlines.

  • Demonstrated success managing complex, cross-functional projects end to end (initiation through delivery), ideally within a risk, audit, or compliance environment.

  • Proven effective communication skills, negotiation techniques, and the ability to influence stakeholders at all levels of the organization.

  • Highly organized with the ability to manage multiple priorities while maintaining attention to detail and strategic context

  • Excellent written and verbal communication and interpersonal skills, with the ability to influence, build consensus, and collaborate effectively across all levels of the organization.

  • Analytical and problem-solving mindset, with the ability to translate complex information into clear, actionable insights

  • Proactive, self-driven approach to prioritization, multitasking, and continuous improvement

  • Strong collaboration skills with the ability to work both independently and as part of a team

  • Familiarity with GRC platforms such as MetricStream is a plus.

Skills Required

  • Bachelor's degree in Business Management, Commerce, Finance, Accounting, or related discipline
  • 3-5 years of experience in financial services, with exposure to asset management, operational risk, internal/external audit, and/or project management

Russell Investments Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Russell Investments and has not been reviewed or approved by Russell Investments.

  • Leave & Time Off Breadth Time off starts at 20 days of vacation in year one (rising to 25 after four years) plus 10 paid holidays and nine sick days, which provides substantial leave coverage. Backup childcare and other leave supports add practical flexibility for life events.
  • Retirement Support A 401(k) company match up to 5% of eligible base salary, alongside access to select Russell Investments funds, offers a meaningful foundation for long‑term savings. This structure provides clear, predictable retirement support.
  • Wellbeing & Lifestyle Benefits Comprehensive medical coverage, employer HSA contributions, a Lifestyle Spending Account, and Modern Health access (10 counseling and 10 coaching sessions per year) strengthen overall wellbeing. These elements enhance total‑compensation value beyond base pay.

Russell Investments Insights

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The Company
HQ: Seattle, WA
1,951 Employees

What We Do

Russell Investments is a leading outsourced CIO (OCIO) partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 19 cities around the world, including London, New York, Toronto, Sydney, Tokyo, and Shanghai.

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