Manager, Risk - Bengaluru / Bangalore - confidential

    confidential
    confidential Bengaluru / Bangalore

    6 days ago

    Full time
    Description

    Responsibilities

    Team Management and Governance

    • Lead and manage the India Risk Management team covering Risk and Assurance activities.
    • Ensure timely completion of all deliverables and leadership requests.
    • Drive cross-training and establish effective backup plans within the team.
    • Develop and execute strategic plans for the Risk Management function in India.

    Policies, Standards, and Procedures (PSP) Governance

    • Review and ensure compliance with Enterprise Policy Program standards.
    • Track creation, renewal, expiry, and adherence of India-wide policies and standards.
    • Maintain a comprehensive repository of organizational documents.
    • Influence updates to policies and standards to strengthen risk management.
    • Draft and maintain Risk Management PSPs and SOPs as scope expands.

    Corporate Insurance Management

    • Renew and manage insurance policies including Worker's Compensation, Property, D&O Liability, and CGL.
    • Coordinate with insurance brokers for renewals and claims management.

    Physical Records Management

    • Oversee storage and transport of physical records through third-party vendors.
    • Maintain inventory index to track data retention as per statutory requirements.

    Internal Audit Coordination

    • Finalize vendor selection and audit calendar for annual Internal Audit.
    • Draft scope, coordinate internal teams, and facilitate audit execution.
    • Support timely closure of audit observations and report status to Leadership Team (LT).

    Risk Reporting and Assurance

    • Prepare and present India-level Risk Reports aligned to Enterprise Risk Management framework.
    • Report on key risk areas including phishing drills, data certification, sensitive data assessments, and HDD remediation.
    • Coordinate monthly and quarterly assurance reporting to Risk Head and LT.
    • Collaborate with US Risk Office and Cyber teams to enhance Risk Reporting coverage.

    Controls and Assurance Management

    • Prepare monthly controls execution reports and coordinate with Capital One US and India support teams.
    • Report on IA TPM, ABAC, BCP testing, and Standard Adherence Assessments.

    Statutory and Leadership Reporting

    • Maintain governance artefacts (Vision, Roadmap, etc.) under SLQ2CQ framework.
    • Present Risk and Assurance reports in Monthly Business Review and Quarterly Risk, Legal & Tech Committee meetings.

    Risk Framework Development

    • Ideate and implement India Risk Management framework across risk taxonomy.
    • Refresh framework periodically based on emerging business risks.
    • Partner with cross-functional teams to conduct Process Level Assessments.
    • Maintain strong relationships with stakeholders to ensure timely delivery and effective governance.

    Basic Qualifications

    • Bachelor's degree.
    • Minimum 11 years of experience in Banking or Risk Management.
    • Minimum 4 years of experience in Enterprise Risk Management.

    Preferred Qualifications

    • 12+ years of experience in Risk Management.
    • Enterprise Risk Management Level 2 qualification (IRM).
    • Strong understanding of COSO framework, ISO 31000, and ISO 27001 standards.

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