Strategic Risk Management Lead

2 weeks ago

Gurgaon, Haryana, India PayU Full time

Job Description

We are seeking an experienced Enterprise Risk Management Manager to join our team at PayU. In this role, you will play a critical part in overseeing risk management operations and ensuring the company's risk management framework is robust and compliant with regulatory standards.

About the Role

This position requires strategic planning and execution of internal control measures to provide reasonable assurance on the effectiveness of the organization's risk management and the strength of internal controls.

Key Responsibilities

  • Develop and execute comprehensive Enterprise Risk Management (ERM) frameworks incorporating best practices and industry standards.
  • Conduct regular risk assessments to identify, assess, and prioritize risks across all business functions.
  • Collaborate with key stakeholders to establish risk appetite and tolerance levels, aligning risk management strategies with organizational objectives.
  • Design and implement risk mitigation plans and control mechanisms to minimize exposure to operational, compliance, and settlement risks.
  • Monitor and evaluate the effectiveness of risk controls through ongoing testing and review processes.
  • Provide guidance and support to business units in implementing risk management processes and procedures.
  • Foster a culture of continuous improvement within the organization by identifying opportunities to enhance risk management practices and optimize business processes.

Requirements

  • Bachelor's degree in business administration, finance, risk management, or a related field; advanced degree or professional certification preferred.
  • Proven experience in enterprise risk management, with a minimum of 5-7 years in a similar role.
  • Strong understanding of risk management principles, methodologies, and frameworks.
  • Excellent analytical and problem-solving skills, with the ability to identify and assess complex risks and develop practical solutions.
  • Effective communication and interpersonal skills, with the ability to collaborate across functional areas and influence stakeholders at all levels.

Compensation and Benefits

The estimated annual salary for this position is around $120,000, depending on location and experience. We offer a competitive benefits package, including health insurance, retirement plans, and paid time off.

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