Posted 09 July, 2026

Director- GRC Operations

Michael Page

Mumbai, MH, IN Full Time

Reference: 47c15221bcfd70e7

About Our Client

Leading financial institution

Job Description

Risk Assessment and Management:

Lead comprehensive risk assessments of processes, and projects to identify potential risks and vulnerabilities.
Develop risk mitigation strategies and action plans to address identified risks, working closely with cross-functional teams.
Monitor and track risk indicators, trends, and emerging threats to proactively mitigate potential impacts on the organization.

Business Unit Risk Officer (BURO):

Collaborate with the Risk Management Department to integrate operations risk management practices into the governance framework, ensuring that risks are identified, assessed, and managed effectively.
Establish processes for monitoring and reporting operations-related risks and issues to senior management and governance committees.
Compliance Management:
Responsible for implementing and communicating statutory guidelines ( RBI) and other policies from time to time.
Ensure compliance with financial policies, procedures, and regulatory requirements, adhering to internal controls and governance standards.
Ensure that outsourcing arrangements comply with relevant regulatory requirements, industry standards, and internal policies, conducting periodic audits and assessments as needed.
Establish key performance indicators (KPIs) and metrics to measure the effectiveness of risk and compliance initiatives and drive continuous improvement.
Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control

Policy and Procedure Management:

Develop, review, and update operations governance policies and procedures to reflect changes in business needs, regulatory requirements, and industry best practices.
Ensure that policies and procedures are approved and effectively communicated to relevant stakeholders and implemented consistently throughout the organization.

Stakeholder Management:

Collaborate with cross-functional teams, including Finance, IT, and business units, to align financial planning efforts with broader organizational goals and priorities.
Build strong relationships with internal stakeholders, external partners, and vendors to facilitate effective communication and collaboration on financial matters.
Responsible for engagement with Board and the sub committees.

Continuous Improvement:

Drive continuous improvement in financial planning processes, tools, and methodologies to enhance accuracy, efficiency, and effectiveness.
Drive continuous improvement initiatives within outsourcing relationships, leveraging data-driven insights, best practices, and feedback mechanisms to enhance efficiency and effectiveness.

Lead Change Management -

Responsible for leading, planning and executing change management across different stakeholders like Sales, Operations, IT & product teams etc. Ensure transparent communication, gain alignment, and manage disruptions in a planned and proactive manner.

The Successful Applicant

Master's degree required
14+ years' experience in process documentation, defining flows, process maps, process / control / compliance testing / Board decks in the financial services industry or Big Four firm or consultancy firm
Ability to understand complex processes and articulate the same
Knowledge of financial products, markets, and operational processes
Excellent presentation and written communication skills
Strong time management and analytical skills
Knowledge of Microsoft Word, Excel, and PowerPoint is a must