Risk Control Manager

Our MNC client is looking for an experienced Finance Domain SME Risk Control & Governance with 1215+ years of relevant experience in the banking/financial services domain. The candidate will be responsible for providing subject-matter expertise in financial risk controls, governance, regulatory compliance, banking processes, and RBI guidelines.

Job Description /Responsibilities:

• Provide Finance domain expertise across banking processes, risk control, governance, and regulatory compliance.
• Ensure business processes and controls are aligned with applicable RBI guidelines, banking regulations, and compliance requirements.
• Review and assess existing financial processes to identify control gaps, operational risks, and compliance risks.
• Define and strengthen risk management and internal control frameworks for banking operations.
• Support implementation and monitoring of policies, procedures, controls, and governance mechanisms.
• Interpret regulatory requirements and translate them into actionable business/process requirements.
• Support risk assessments, control testing, compliance reviews, audits, and remediation activities.
• Identify potential operational and financial risks and recommend appropriate mitigation and preventive controls.
• Collaborate with business, technology, risk, compliance, audit, and operations teams to ensure effective governance.
• Prepare and review SOPs, process documents, control matrices, risk assessments, and governance reports.
• Support internal and external audits by providing required documentation, evidence, and domain inputs.
• Monitor regulatory changes and assess their potential impact on banking processes and controls.
• Provide guidance to project and delivery teams on banking processes, regulatory compliance, and risk considerations.

Mandatory Skills

• 1215+ years of overall experience in Banking / Financial Services.
• Strong expertise in Finance, Risk Control, Governance, and Compliance.
• Strong understanding of RBI guidelines, regulations, and banking compliance requirements.
• Experience working with banks or financial institutions in India.
• Good understanding of banking finance processes, operational controls, and risk management.
• Experience in risk assessment, control design, control testing, audit, and remediation.
• Ability to interpret regulatory requirements and convert them into business/process controls.
• Strong stakeholder management and communication skills.
• Ability to work independently as a Finance/Risk Governance SME.

Preferred Skills:

• Experience in banking transformation / regulatory compliance projects.
• Exposure to RBI audits, internal audits, regulatory audits, or compliance assessments.
• Knowledge of AML/KYC, operational risk, financial controls, and regulatory reporting.
• Experience in defining Risk & Control Matrices (RCM) and governance frameworks.
• Relevant certifications such as CFA, CA, CISA, FRM, MBA Finance, or equivalent would be an advantage.