Risk Manager - Business Controls and Regulatory Compliance

Risk Manager – Business Controls & Regulatory Compliance

Department

None

Job Description

Risk Manager – Business Controls & Regulatory Compliance

Position Overview

We are seeking an experienced **Risk Manager** to lead business risk management initiatives across domestic business. This strategic role serves as a critical bridge between operational execution and executive leadership, ensuring robust business controls, effective stakeholder communication, comprehensive audit management, and proactive risk register oversight for both business and regulatory compliance.

Key Responsibilities

Business Controls Management

·       Design, implement, and maintain comprehensive business control frameworks aligned with risk appetite and strategic objectives

·       Establish and monitor key risk indicators (KRIs) and key control indicators (KCIs) to ensure control effectiveness

·       Conduct regular control assessments and testing to identify gaps and recommend remediation strategies

·       Partner with business units to embed risk-aware decision-making into operational processes

·       Develop and maintain control documentation, including policies, procedures, and process maps

·       Oversee control self-assessments (CSAs) and coordinate remediation of identified deficiencies

Leadership Stakeholder Management & Communication

·       Serve as the primary liaison between risk management functions and executive leadership, translating complex risk concepts into actionable business insights

·       Prepare and deliver executive-level risk reports, dashboards, and presentations for C-suite and Board committees

·       Facilitate risk discussions with senior stakeholders to align risk management strategies with business priorities

·       Manage expectations across multiple internal stakeholders, including Finance, Operations, Legal, Compliance, and IT

·       Lead cross-functional risk committees and working groups to drive risk culture and awareness

·       Communicate risk trends, emerging threats, and mitigation strategies in clear, business-focused language

Audit Management

·       Coordinate and manage internal and external audit activities, serving as the primary point of contact for auditors

·       Develop audit response strategies and oversee timely remediation of audit findings

·       Track audit recommendations and ensure closure of action items within agreed timelines

·       Prepare management responses to audit reports and present status updates to leadership

·       Maintain audit tracking systems and documentation to demonstrate compliance and control effectiveness

·       Partner with Internal Audit to provide risk insights that inform audit planning and scope

Risk Register Management

·       Own and maintain the enterprise risk register, ensuring comprehensive identification, assessment, and documentation of business and operational risks

·       Facilitate risk identification workshops with business units to capture emerging and evolving risks

·       Implement risk rating methodologies (likelihood and impact assessments) and ensure consistent application across the organization

·       Monitor risk trends and escalate significant risk exposures to senior management

·       Coordinate risk mitigation planning and track progress of risk treatment activities

·       Produce regular risk reporting for management review and decision-making

Regulatory Risk Management

·       Monitor regulatory landscape and assess impact of new and changing regulations especially related to DPDPA, SEBI Research Analyst Regulations.

·       Facilitate regulatory inspections and inquiries, managing documentation and response processes

·       Develop and implement compliance monitoring programs to ensure adherence to regulatory requirements

·       Partner with Legal and Compliance teams to interpret regulatory guidance and implement necessary controls

·       Track regulatory changes and communicate implications to relevant stakeholders

Governance Controls

·       Manage internal governance meetings, facilitate discussions with senior leadership, and track open action items to ensure timely resolution.

·       Manage product governance meetings and related actionables

Required Qualifications

Education & Experience

·       Master/Bachelor’s degree in Business Administration, Finance, Risk Management, or related field

·       7-10 years of progressive experience in risk management, internal controls, compliance, or audit

·       3-5 years in a managerial or leadership capacity

·       Experience in Financial Services, Research and Analytics, ITES preferred

Technical Skills

·       Working knowledge of risk management frameworks (COSO ERM, ISO 31000, NIST)

·       Experience with risk assessment methodologies and control testing

·       Advanced proficiency in Microsoft Office Suite, particularly Excel and PowerPoint for executive reporting

·       Data analysis and visualization skills (Tableau, Power BI) is a plus

Core Competencies

·       Executive Communication: Exceptional ability to distill complex risk information into clear, actionable insights for senior leadership

·       Stakeholder Management: Proven track record of building relationships and managing expectations across diverse internal audiences

·       Strategic Thinking: Ability to connect risk management activities to business strategy and value creation

·       Analytical Rigor: Strong problem-solving skills with attention to detail and data-driven decision-making

·       Project Management: Demonstrated ability to manage multiple priorities and deliver results in a fast-paced environment

·       Influence & Collaboration: Skilled at driving change and fostering risk awareness without direct authority

·       Adaptability: Comfortable navigating ambiguity and responding to evolving business and regulatory environments

Open Positions

1

Mandatory Skills

Risk Management,Operational Risk Manager,Internal Control,Risk Assessment,Audit Management,Stakeholder Engagement,Regulatory Reporting

Education Qualification

• Master/Bachelor’s degree in Business Administration, Finance, Risk Management, or related field

Experience

7 to 10 years