Senior Specialist, Risk Management

Senior Specialist, Risk Management
India - Chennai
Reporting to Thierry WATRIN

ROLE DESCRIPTION SUMMARY

You will identify, assess, and mitigate risks that could impact the organisation’s operations and overall performance. This involves developing and implementing risk management strategies, ensuring compliance with relevant regulations and facilitating risk assessments.

PRIMARY RESPONSIBILITIES / KEY RESULT AREAS

• Develop and implement enterprise risk management strategy, framework and processes in collaboration with leadership
• Ensure risk management practices are aligned with regulatory requirements, ESG, industry standards and best practice (e.g. ISO)
• Work with leadership to understand the company’s risk appetite and tolerance levels and that risk-taking activities are within the approved risk limits
• Identify, evaluate, and prioritise key risks (operational, financial, strategic, regulatory, reputational)
• Set-up processes to avoid, reduce, or transfer risks
• Provide guidance on risk-based decision-making, ensuring that risks are properly understood and managed at all levels of the organisation
• Work with department managers and risk owners to help develop and implement risk mitigation plans and internal controls
• Track risks and risk owners in a risk register and facilitate regular risk and control assessments
• Analyse risk management data and report key weaknesses and risk exposures, mitigation actions, and risk management performance
• Facilitate risk assessments and support engagement with regulatory bodies and auditors and collaborate with legal and compliance teams to align risk management with governance standards
• Conduct audit testing and develop risk reports for executives and board members
• Monitor external environment for emerging risks and regulatory changes

COMPETENCIES

• Excellent analytical, problem-solving, and decision-making skills with the ability to interpret complex data and provide actionable insights
• Excellent communication skills, with the ability to engage with stakeholders as well as communicate risk concepts to stakeholders at all levels and regulatory bodies
• Able to foster a culture of risk awareness throughout the organisation
• Stays up to date on regulatory changes, industry trends and best practices

QUALIFICATIONS & EXPERIENCE

• Bachelor’s degree in Risk Management, Finance, Business, or a related field (Master’s degree or MBA preferred)
• Professional certifications such as Financial Risk Manager (FRM), Certified Risk Manager (CRM), Chartered Enterprise Risk Analyst (CERA) or similar are highly desirable
• Minimum 6 years of experience in risk management, compliance, or audit within a corporate or financial services environment
• Proven experience in a similar role including developing and implementing risk management frameworks
• Excellent knowledge of risk management frameworks, methodologies, regulatory requirements and industry best practices
• Track record in collaborating across functions and work effectively across all levels and with external partners