Senior Risk Manager

2 weeks ago

Greater Bengaluru Area, India VerSe Innovation Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Job title: Sr. Manager - Audit & Corporate Risk Management

Location: Bangalore

Reports to: CFO

About Verse Innovation-

VerSe Innovation is India's leading local-language digital media and AI technology company, powering platforms like Dailyhunt (news and content discovery) and Josh (short videos). Founded in 2007 and headquartered in Bengaluru, VerSe builds AI-driven content ecosystems that serve "Bharat" — India's next billion internet users in their native languages. The company's portfolio includes (AdTech), Dailyhunt Premium, and VerSe Collab (creator-brand engagement). Backed by top global investors, VerSe is among India's fastest-growing digital media firms, driving innovation at the intersection of content, AI, and regional engagement.

Role Summary

Sr. Manager – Audit & Corporate Risk Management is responsible for overseeing the organisation's risk management framework, ensuring that all significant risks are identified, assessed, monitored, and mitigated. Position will also be the primary contact point for internal auditor.

Key Responsibilities:

  • Develop and implement a risk-based internal audit strategy and audit plan.
  • Identify, document and assess current and emerging risks, including strategic, operational, financial, credit, compliance, reputational, and cybersecurity risks.
  • Conduct periodic evaluations and provide actionable recommendations on the effectiveness of internal control processes across all departments.
  • Ensure that all processes are appropriately documented, including the identification of potential risks, detailed control descriptions, testing frequency, and clearly assigned control ownership
  • Create backup strategies to deal with emergencies.
  • Develop, implement and organise periodical training sessions across organisation on Enterprise Risk Management (ERM), risk identification, mitigation and compliance
  • Review audit findings and ensure appropriate follow-up and resolution of issues.
  • Report audit findings, recommendations, risk exposure and mitigation process to senior management, Audit Committee and the Board
  • Maintain open lines of communication with all departments to foster a culture of compliance and accountability.
  • Ensure transparency and escalation of critical risks.
  • Ensure compliance with all applicable laws, regulations, and standards.
  • Oversee risk monitoring systems and ensure timely reporting of key risk indicators (KRIs).
  • Define the risk appetite in consultation with executive leadership and the Board.

Qualifications & Experience:

  • Chartered Accountant with 6-8 years of experience in Internal Audit
  • Certification on ERM, IFC or equivalent would be preferred
  • Strong knowledge of internal audit standards, risk management, and compliance frameworks.

Key Competencies:

  • High ethical standards and integrity
  • Strategic and analytical thinking
  • Strong leadership and team management skills
  • Excellent written and verbal communication
  • Ability to work independently and exercise sound judgment
  • Strong stakeholder engagement and influencing skills

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