AVP, VP- Risk Assurance (Enterprise Risk Management)

Company: Michael Page
Apply for the AVP, VP- Risk Assurance (Enterprise Risk Management)
Location: Mumbai
Job Description:

  • Opportunity to work with a leading financial institution
  • Opportunity to work directly with the senior management
  • About Our Client

    Leading NBFC player

    Job Description

    Policy Implementation & Oversight * Develop, implement, and maintain central risk policies in alignment with enterprise-wide risk strategy. * Ensure consistency and regulatory adherence across all Board-approved policies and Terms of Reference (TORs) within the Risk department.

    * Risk Appetite Review and Monitoring

    * Review of Risk Appetite Statement in alignment with enterprise-wide business and risk strategy.

    * Monitor risk appetite limits across business units and escalate breaches to appropriate governance forums.

    * Drive timely and effective remediation actions in response to breaches.

    * Governance & Compliance

    * Maintain and update the obligations register to track regulatory and internal compliance requirements.

    * Monitor obligation compliance status and lead remediation efforts for any identified gaps.

    * Audit & ICAAP Support

    * Identify areas for strengthening based on internal and external audit findings.

    * Support the Internal Capital Adequacy Assessment Process (ICAAP) through risk inputs, documentation, and governance alignment.

    The Successful Applicant

    10-14 years of experience in enterprise risk management, governance, or compliance roles

    * Strong understanding of regulatory frameworks and enterprise risk practices.

    Posted: January 23rd, 2026