Associate Manager, Group Compliance

AM Enterprise & Operations Risk Management

This is a critical role responsible for managing the Enterprise and Operational Risk function for Razorpay. The position is responsible for identifying, assessing, and preparing for any dangers that could interfere with the organization's strategic goals and operations. Position will maintain the Enterprise Risk Register and act as the bridge between department-level risks and the Board of Directors & decision-making process. The function provide assurance to the Senior Management and the Risk Management Committee on the effectiveness of the organization's governance and risk management processes.

Key Responsibilities:

• ERM Strategy & Framework: Manage and evolve the enterprise-wide risk management strategy, ensuring it integrates with the companys strategic planning.
• Risk Identification & Assessment: Conduct top-down risk assessments to identify emerging threats (macroeconomic, regulatory, competitive, or environmental).
• Risk Framework Development: Implement, maintain and automate the Third Party Risk Management framework.
• Collaborate: Collaborate with a cross-functional team, which includes business teams, legal, and compliance, to understand the requirements and provide clarification/ approvalon vendor proposals.
• Track the regulatory requirements for Operational Risk: Track all the regulatory requirements for Operational Risk Management.
• Third-Party Risk: Evaluate the financial & operational resilience of critical vendors and partners.
• Reporting & Communication: Prepare clear and concise reports for senior management and the risk committee, providing key highlights and issues in Operations Risk.
• Continuous Improvement: Stay updated on industry trends, regulatory changes, andbest practices in the risk management framework to ensure the function remains effectiveand relevant. Evaluate latest technology tools (incl. AI/ML) to make the function more effective.

Required Qualifications and Skills:

• Education: Bachelors degree in Finance, Commerce, or Economics, a professional qualification like Chartered Accountant (ICAI) would be an added advantage.
• Experience: Requires a minimum of 4 to 6 years of experience in operational risk management, internal audit, and external audit (Big 4 firm). Experience in the Banking / NBFC/MFI sector preferred.

Technical Skills:

• Proficiency with GRC (Governance, Risk, and Compliance) software and data Visualization tools like Tableau is preferred.

Soft Skills:

• Excellent analytical, problem-solving, and critical-thinking skills.
• Strong written and verbal communication skills, with the ability to influence and build relationships across all levels of the organization.
• Strong leadership, project management, and organizational skills.
• High ethical standards and integrity.