Risk Manager Business Controls & Regulatory Compliance

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.

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

Education & Experience

Master/Bachelors 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

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