Internal Control Manager

Internal Control Manager Interview Questions and Answers

Updated 19 Jul 2025

Q. How do you assess Operational Risk?

Ans.

Operational risk is assessed by identifying potential risks, evaluating their impact, and implementing controls to mitigate them.

  • Operational risk refers to the risk of loss resulting from inadequate or failed internal processes, people, and systems.

  • It involves identifying potential risks that could impact the organization's operations and objectives.

  • Evaluating the impact of these risks helps prioritize them based on their likelihood and potential consequences.

  • Implementing con...read more

Q. Concept of risk

Ans.

The concept of risk refers to the potential for loss or harm that may arise from uncertain events or circumstances.

  • Risk is inherent in all aspects of life and business.

  • It involves the identification, assessment, and management of potential risks.

  • Risk can be categorized as strategic, operational, financial, or compliance-related.

  • Effective risk management involves implementing controls and mitigation strategies.

  • Examples of risks include fraud, data breaches, economic downturns,...read more

Internal Control Manager Jobs

Mondelez logo
Internal Control Manager 5-8 years
Mondelez
4.2
Mumbai
Abinbev Gcc Services logo
Internal Control Manager 6-10 years
Abinbev Gcc Services
3.4
Bangalore / Bengaluru
Japfa Comfeed logo
Manager Internal Control 3-5 years
Japfa Comfeed
3.8
Pune
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