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Location

Bangalore | India

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Job description

Responsibilities :

1. Develop and implement a robust risk management framework, aligning with industry standards and best practices
2. Developing a risk management strategy that aligns with the company's overall business strategy
3. Identify and assess potential risks associated with the organization including legal, compliance, operational, financial, reputational, and cybersecurity risks.
4. Develop risk mitigation strategies and action plans to minimize exposure and ensure compliance with regulatory requirements.
5. Establish key risk indicators (KRIs) and implement a proactive monitoring system to track and report risk metrics to the executive leadership team and relevant stakeholders.
6. Collaborate with cross-functional teams to integrate risk management processes into business operations, ensuring a consistent and coordinated approach across capability centers.
7. Effectively challenge both first and second lines of defence in terms of controls, mitigations, risk prioritization
8. Conduct regular risk assessments, risk reviews, and compliance reviews to identify control gaps and recommend improvements.
9. Monitoring market conditions and making recommendations for strategic changes in business operations based on emerging risks; Ability to bring an outside-in perspective
10. Provide guidance and training to employees on risk management practices, fostering a culture of risk awareness and accountability throughout the organization; Conduct workshops on risk initiatives for delivery and or business enabling functions Leadership
11. Partner with external stakeholders, such as regulatory bodies, auditors, and clients, to address risk-related inquiries and ensure compliance with contractual obligations.
12. Prepare comprehensive risk reports and presentations for the Executive Leadership team, Board of Directors, and other stakeholders, highlighting key risk areas and recommended actions
13. Experience in understanding and identifying risks for various emerging technologies like Cloud, AI, RPA among others and recommend necessary mitigation measures
14. Responsible for the performance of direct reports and mentoring team members
15. On a need basis interact with customers to build trust and confidence based on our ERM framework and supporting processes
16. Ensures that the Risk Management Framework facilitates continuous improvement of organization’s capabilities for management of its top priority risks. Ensures that Risk Management is guided by its Vision, Mission, Philosophy, Objectives and Policies. Assist the Board/Audit Committee (AC) and Senior Management in balancing the organization’s risk-taking ability with its approved Risk Appetite to protect as well as enhance Corporate Value.
17. Represents the main change agent for the implementation and continuous improvement of the ERM system.
18. Provides assurance that communication plans for Risk Management are both coherent and capably executed.

Skills Required : "enterprise risk management", "ERM",
Experience : 10 to 15 Years

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Job tags

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Salary