Operation Risk Manager

Job Summary

Main purpose of the job The Group Manager – Risk & Compliance will be the India Head for the development, implementation, and oversight of the organization’s risk management and compliance framework in India in line with UK regulatory requirements. The role ensures the business operates within legal and ethical boundaries while proactively identifying and mitigating risks.

Key Responsibilities

Key tasks & responsibilities

1.Risk Management Develop and maintain the enterprise risk management (ERM) framework Identify, assess, and monitor key risks (operational, financial, regulatory, reputational) Lead and drive risk assessments, scenario analysis, and stress testing Review & maintain risk registers and ensure mitigation plans are in place Report key risk indicators (KRIs) to senior leadership and board committees

2.Compliance & Regulatory Oversight Ensure adherence to UK regulatory requirements e.g., Financial Conduct Authority (FCA) Review and Oversee compliance monitoring programs and internal audits Interpret regulatory changes and implement necessary controls Act as the primary liaison with regulators and external auditors Support the Director of Risk & Compliance in the identification and assessment of external threats.

3.Policy & Governance Review, develop and update compliance policies, procedures, and internal controls Promote and drive a strong risk-aware culture across the organization Support governance frameworks and board reporting Review completion of regular risk and risk event (Incidents, Breaches and our Crisis Management) reporting to the SMT, Risk Management & Audit Committee (RMAC), the Board and other relevant internal committees.