Senior Director Enterprise Risk Management

1 week ago


Mumbai, Maharashtra, India PayU Full time
About PayU

PayU is a leading payment and Fintech company operating in over 50 high-growth markets across Asia, Central and Eastern Europe, Latin America, the Middle East, and Africa. As part of Prosus group, one of the largest technology investors worldwide, PayU is revolutionizing the way people engage in online transactions for our extensive network of merchants and millions of consumers.

Role: Senior Director Enterprise Risk Management

Location: Gurgaon/Mumbai

Role Description

PayU India is in search of an experienced leader to step into the role of Head of Enterprise Risk Management. This presents a distinctive opportunity for an individual to join a dynamic business environment and play a crucial part in integrating risk management into the organization's ethos.

The primary responsibility involves maintaining and enhancing business operations by efficiently managing and mitigating significant risks while ensuring adherence to relevant regulations.

The core focus will revolve around fortifying, redefining, and implementing a robust enterprise risk management structure that aligns with the organization's strategic objectives.

The selected candidate will spearhead the cultivation of a strong risk management culture, uniting various teams such as transaction risk, operational risk, process risk, enterprise risk, and IT security risk.

Additionally, the individual will establish a framework to effectively identify and evaluate risks, offer guidance, and incorporate risk mitigation practices into products and transactions.

Key Responsibilities - Enterprise Risk Strategy Formulation
  • Scan the market competition landscape to refine risk policies balancing business growth and risk control requirements.
  • Develop risk strategies and plans to maintain business portfolio health and align with predefined targets.
  • Collaborate with business heads to drive risk management initiatives and negotiate an optimal balance between enterprise risk and business expansion.
Risk Assessment

Regularly monitor portfolio trends and evaluate various parameters to ensure compliance with risk standards and objectives. Amend or introduce new product risk policies to sustain business growth with a healthy portfolio.

Risk Mitigation

Establish a scoring system to monitor enterprise risk factors periodically, identify trends, and plan mitigation actions through policy adjustments. Provide risk data reports to shareholders and senior management for timely corrective actions on loss-making segments and underperforming portfolios.

Ensure adherence to risk policies and processes within the business, implementing corrective measures as necessary, and conducting routine audits to enhance business control and minimize risks.

Process Improvement
  • Devise new processes to reduce risks and enhance operational efficiency by incorporating market intelligence and best practices.
  • Utilize analytics, technology, and databases to plan projects that automate decision-making operations, minimizing transactional risks and enhancing risk predictability.
  • Collaborate with business leaders to implement process enhancements that mitigate risks and drive organizational change.
Stakeholders

Effectively manage relationships with stakeholders and board committees.

Ideal Experience
  • We seek a seasoned risk management professional with over 15 years of proven experience in multi-stakeholder environments, including exposure to C-level and board-level audiences in matrix structures.
  • The ideal candidate should have prior experience in leading enterprise risk within financial services, particularly in fintech, payments, or other regulated sectors, with an understanding of entrepreneurial expectations.
  • Comprehensive comprehension of risk across financial and non-financial domains, operational and technological spheres, as well as security, privacy, compliance, and financial crime-related risks.
  • Demonstrated passion for the role, with a credible ambition to facilitate PayU's success by providing management and the board with assurance and advice on business control adequacy while collaborating effectively with business and control functions throughout the organization.
About Us

At PayU, we are global fintech investors committed to building a world without financial boundaries, fostering prosperity for all. Operating in 18 high-growth markets, our expertise allows us to expand the reach of financial services, driving our investments in technology entrepreneurs, offering credit to underserved individuals, and assisting merchants in their online ventures. As a part of Prosus, a major technology investment firm, we possess the presence and knowledge to effect real change.

Our Commitment To Building A Diverse And Inclusive Workforce

As a diverse, multicultural organization with a variety of ethnicities across different locations, we recognize our responsibility to uphold a strong commitment to diversity and inclusion. Continuously striving to create a safe, inclusive environment for all individuals, communities, and customers, our leadership is dedicated to establishing a culture of transparency, flexibility, and unbiased treatment for every PayUneer, enabling their success regardless of gender, color, or personal beliefs. Our zero-tolerance policy towards prejudice extends to all forms of discrimination, ensuring that every individual feels valued, heard, and empowered to contribute. At PayU, we prioritize creating an environment where everyone belongs and has a voice.



  • Mumbai, Maharashtra, India Apollo Global Management, Inc. Full time

    Position Overview ABOUT APOLLO Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three...


  • Mumbai, Maharashtra, India CFA Institute Full time

    Description : The requirements of this role include: Lead the development, implementation, and ongoing delivery of an enhanced ERM Framework across APAC business functions and for key regional initiatives; oversee the APAC portion of enterprise risk monitoring and reporting, including the progress of actions and proactive monitoring of early warning...


  • Mumbai, Maharashtra, India Shriram Housing Finance Full time

    Key Roles/Responsibilities: ERM Desk Process & framework, Risk Management Framework & Process, Preparing Board Decks & Policies, Need based Analysis, ORM, Policies & Procedures, RMC data management Enterprise risk management, Review of all risk as per risk register, board reporting, identification, measurement, monitoring and controls PQR Portfolio quality...


  • Mumbai, Maharashtra, India Paradise Placement Consultancy Full time

    Responsibilities (List in the order of importance the duties & responsibilities of thisjob)To Maintain a risk register for all identified risks and track progress of risk remediationTo Develop analytical reports and structured risk insights for the EnterpriseTo Collaborate seamlessly with Business functions including Financial controllers to develop...


  • Mumbai, Maharashtra, India Archer Integrated Risk Management Full time

    Job Title – Business Development Manager Experience years Job Location - Mumbai About Archer: Archer ( ) is the industry-leading vendor of enterprise software for integrated risk management (IRM). Over a thousand customers worldwide harness the Archer GRC platform and its comprehensive suite of solutions to automate the compliance process, meet their...


  • Mumbai, Maharashtra, India Archer Integrated Risk Management Full time

    Job Title– Business Development ManagerExperience yearsJob Location MumbaiAbout Archer:Archer ( is the industry-leading vendor of enterprise software for integrated risk management (IRM). Over a thousand customers worldwide harness the Archer GRC platform and its comprehensive suite of solutions to automate the compliance process, meet their risk...


  • Mumbai, Maharashtra, India National Payments Corporation Of India (NPCI) Full time

    Preferred Educational Qualification: Chartered Accountant, MBA or Financial Risk Manager Lead the fraud risk management (FRM) for National Payments Corporation of India (NPCI) and external ecosystem by identifying potential fraud detection mechanisms following guidelines and standards Continuously monitor the FRM system to identify fraudulent transactions;...


  • Mumbai, Maharashtra, India National Payments Corporation Of India (NPCI) Full time

    Preferred Educational Qualification:CA, MBA or FRMExperience:15+yrs of work experience in BFSI industry in Fraud & risk management Function the fraud risk management (FRM) for NPCI and external ecosystem by identifying the potential fraud detection mechanisms as per the set guidelines and standards Ensure continuous monitoring of the FRM system to detect any...


  • Mumbai, Maharashtra, India National Payments Corporation Of India (NPCI) Full time

    Preferred Educational Qualification: CA, MBA or FRM Experience: 15+yrs of work experience in BFSI industry in Fraud & risk management • Function the fraud risk management (FRM) for NPCI and external ecosystem by identifying the potential fraud detection mechanisms as per the set guidelines and standards • Ensure continuous monitoring of the FRM system...

  • Risk Management

    1 week ago


    Mumbai, Maharashtra, India timesjobs Full time

    JOB DETAILSDesigning and implementing an overall risk management process for the organisation, which includes an analysis of the financial impact on the company when risks occurPerforming a risk assessment: Analysing current risks and identifying potential risks that are affecting the companyPerforming a risk evaluation: Evaluating the companys previous...

  • Risk Management

    2 months ago


    Mumbai, Maharashtra, India timesjobs Full time

    JOB DETAILSDesigning and implementing an overall risk management process for the organisation, which includes an analysis of the financial impact on the company when risks occurPerforming a risk assessment: Analysing current risks and identifying potential risks that are affecting the companyPerforming a risk evaluation: Evaluating the companys previous...


  • Mumbai, Maharashtra, India Vaultedge Software Full time

    Company Description Vaultedge Software is a VC-backed, fast growing Enterprise SaaS startup. We provide software that enables top banks & financial institutions like HDFC Bank, Ocwen-PHH, BSI Financial, Valon etc. digitize the lending process. Vaultedge is founded by IIM Ahmedabad and Stanford alum and is backed by top VCs and investors like Venture Highway...

  • Senior Director

    1 week ago


    Mumbai, Maharashtra, India Michael Page Full time

    Be a part of a rapid and dramatic growth phase after major strategic realignment Exposure to an industry which is seeing rapid consolidation and PE interest About Our Client Our client is a leading outsourcing services provider in India, offering innovative solutions to clients in the United States Job Description As the Senior Director -...

  • Chief Risk Officer

    1 week ago


    Mumbai, Maharashtra, India Michael Page Full time

    Opportunity to lead the risk function for a leading insurance company Opportunity to be a part of the senior leadership team About Our Client Our client is one the top life insurance companies of India Job Description Devise enterprise risk management frameworks, policies & practices for managing investment risks, operational risks,enterprise...


  • Mumbai, Maharashtra, India Vaultedge Software Full time

    Company DescriptionVaultedge Software is a VC-backed, fast growing Enterprise SaaS startup. We provide software that enables top banks & financial institutions like HDFC Bank, Ocwen-PHH, BSI Financial, Valon etc. digitize the lending process. Vaultedge is founded by IIM Ahmedabad and Stanford alum and is backed by top VCs and investors like Venture Highway...


  • Mumbai, Maharashtra, India Enterprise Singapore Full time

    The (Senior) Business Development Manager will be working as part of the team at Enterprise Singapore's Mumbai office.The (Senior) Business Development Manager will support the Regional Directors (RDs) in the Mumbai office in helping Singapore-based companies enter and do business in India, as well as build partnerships that improve the business environment...


  • Mumbai, Maharashtra, India Vaultedge Software Full time

    Company DescriptionVaultedge Software is a VC-backed, fast growing Enterprise Saa S startup.We provide software that enables top banks & financial institutions like HDFC Bank, Ocwen-PHH, BSI Financial, Valon etc.digitize the lending process.Vaultedge is founded by IIM Ahmedabad and Stanford alum and is backed by top VCs and investors like Venture Highway and...


  • Mumbai, Maharashtra, India SNG Talent Solutions Private Limited Full time

    Business Development - Associate Director / Senior Group Manager / Senior Description:Join our Team! Associate Director: Lead the way in business development initiatives Senior Group Manager: Advance your career with us Senior Manager: Make an impact in our teamKey Responsibilities: Market rating products to corporate/banks at senior level, highlighting the...


  • Mumbai, Maharashtra, India Procter & Gamble Full time

    Job Location Mumbai Job Description Overview of the jobSenior Manager – SAP Security Governance: Risk and Compliance Management This role reports to SAP Platform Security Director. Your Team About the SAP Security Governance Team The SAP Security Governance Team performs P&G's SAP systems' "second line of defense" activities, ensuring compliance, risk...

  • Senior Manager

    3 weeks ago


    Mumbai, Maharashtra, India Procter & Gamble Full time

    Job LocationMumbai, IndiaJob DescriptionOverview of the JobSenior Manager - SAP Security Governance: Risk and Compliance ManagementThis position reports to the SAP Platform Security Director.Your TeamAbout the SAP Security Governance TeamThe SAP Security Governance Team is responsible for P&G's SAP systems' 'second line of defense' activities, ensuring...