Senior Risk Manager

The Associate Director – Central Risk & Quality will support the India Leadership and the Central Risk & Quality Leader in managing professional, regulatory, and reputational risk across a large, multi-service-line professional services firm operating in India and as part of a global network. The role focuses on coordinating, collating, analysing, and reporting risk and quality information, while supporting compliance with Indian regulatory requirements, professional standards, and global network policies.

• Designation: Associate Director, Central Risk & Quality (India)
• Reporting Manager : Partner - Central Risk & Quality Leader (India)
• Experience: 10–15 years experience in a large professional services firm in India
• Qualification: Chartered Accountant (India) mandatory
• Function: Risk & Quality
• Location: Mumbai - Dadar

Key Responsibilities:

1. Firm-wide Risk & Quality Coordination (India)

• Coordinate risk and quality inputs across Audit, Tax, Advisory, Consulting, and other service lines in India.
• Establish structured templates, timelines, and quality checks for service line submissions.
• Ensure accuracy, completeness, and timeliness of data for leadership and global reporting.

2. India Compliance Management & Consolidation

• Compile India-level compliance submissions aligned to regulatory, professional, and global requirements.
• Maintain compliance calendars, trackers, and evidence repositories.
• Support annual and periodic compliance certifications for India leadership.

3. Risk & Quality Analytics and Insights

• Analyse firm-wide risk and quality data to identify trends and emerging issues.
• Prepare dashboards and analytical insights for leadership forums.
• Support prioritisation of remediation and quality improvement.

4. Client Acceptance, Continuance & Independence

• Support oversight of client acceptance, continuance, independence, and conflict processes across India.
• Assist with escalation and documentation of high-risk clients and engagements.
• Monitor adherence to India-specific ethical and independence requirements.

5. Policy Localisation & Documentation

• Localise global risk and quality policies for India.
• Maintain policy repositories, approvals, and version control.
• Coordinate policy communication across the firm.

6. Regulatory, Professional & Network Reviews

• Coordinate responses to regulatory, professional body, and global network reviews.
• Compile evidence and management responses.
• Track remediation actions through closure.

7. Training & Risk Culture

• Support planning and tracking of mandatory ethics, independence, and risk training.
• Monitor completion across service lines and Partners.
• Support firm-wide risk and quality culture initiatives.

8. Governance Reporting & Leadership Support

• Prepare dashboards, papers, and presentations for governance forums.
• Support leadership decision-making with clear risk insights.
• Maintain confidentiality of sensitive information.

9. Stakeholder Management

• Work closely with service line risk leaders and enabling functions in India.
• Coordinate with Global and Network Risk & Quality teams.
• Act as a trusted advisor on operational risk matters.

India Risk & Quality Governance Overlay

The Associate Director supports formal India Risk & Quality governance structures and provides coordination, reporting, and analytical support to leadership committees.

India Risk Committee – Associate Director Responsibilities

• Prepare agendas, dashboards, and papers for the India Risk Committee.
• Consolidate firm-wide risk themes, incidents, and review findings.
• Track action items, decisions, and remediation plans.
• Support escalation of critical matters to India and global leadership.

Key Requirements:

• 10–15 years experience in a large professional services firm in India.
• Experience in central risk, quality, compliance, or professional practice roles.
• Exposure to regulatory, professional body, and global network reviews.
• Strong professional judgment and integrity.
• Excellent analytical and reporting capability.
• Ability to influence senior stakeholders.
• High resilience, discretion, and execution focus.