Vice President - Risk & Compliance - Investment Banking

Our client is one of the leading Investment Banking companies, looking to hire VP - Risk and Compliance.

Role will be responsible for:

Operational Risk Management:

This function deals with oversight and management of Control Program for entire India operation that includes,

- Proactive identification of Risks through Risk Assessments, Annual TDRA (Top Down Risk Assessment), Control Testing, consultation with business and mitigation of risks.

- Incident Management - incident escalation, action plan tracking and timely reporting to Senior Management.

- Facilitates all the External Audits/Reviews like SoC1 audits, ISO 27k audits, Client audits, etc.

- Establishing and managing the Risk Committee and periodic reporting to the India Board.

Local Regulatory Compliance:

This function is responsible for collaborating with different functions (Examples: HR, Finance, Legal, FREC) and external agencies in keeping a track of all the new or modified regulatory compliance obligations that the organization must fulfil. The responsibilities include dissemination of regulatory changes, regular oversight of compliance status, periodic compliance testing and performing proactive assessments.

Business Continuity Management:

This function manages the aspects of Business Continuity Planning and Disaster Recovery in alignment with the Enterprise practices, by ensuring business continuity plans by all the Business Units (BU) & Functional Leaders in India, periodic testing, Crisis Management Table-Top Exercises, etc.

Technology Risk Oversight:

This function is responsible for various programmatic audits and certifications like SoC1 (IT Generic Controls), ISO 27k, Privacy Audits, Cybersecurity Audits by Clients. Additionally, managing the control assurance of Technology vendors.

Vendor Risk Oversight:

This function is responsible for the risk oversight of vendors that the organization utilizes. The oversight has aspects of Principal Employer obligations, Vendor Technology Reviews, Onboarding/Offboarding of vendors, etc.

Desired Profile:

- Bachelor's Degree in any discipline.

- Overall 20+ years of experience in Financial Services Industry.

- A minimum of 10 years of hands on experience in designing, implementing, and improving R&C or Audit framework.

- Experience in delivery organizations (IT or Operations) is an added advantage.

- Must be able to act as a team player as well as work independently

- Must be a quick learner and adapt to new technologies and data analytics