Business Controls

Airtel Payments Bank; Gurugram District; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Airtel Payments Bank in Gurugram, India, seeks a Senior Manager to lead Vendor Governance and Third-Party Risk Management. You will oversee critical vendors and drive risk assessments, audits, and governance reporting across the lifecycle.

The role requires strong leadership, regulatory and audit experience, and collaboration with business, technology, information security, risk, compliance, and external vendors to strengthen the bank's third-party framework.

Qualifications

• 6+ years of relevant experience in Third-Party Risk Management or risk governance.
• Experience in banking or highly regulated financial services preferred.
• Proven ability to lead cross-functional governance activities.
• Knowledge of RBI outsourcing and regulatory requirements is preferred.

Responsibilities

• Lead vendor governance and TPRM function across lifecycle.
• Drive vendor risk assessments, audits, and governance reporting.
• Coordinate with business, technology, information security, risk, and audits.
• Strengthen regulatory compliance and operational resilience.

Skills

Vendor Governance

Third-Party Risk

Regulatory Compliance

Audit Management

Risk Assessment

Business Continuity

SLA Monitoring

Stakeholder Mgmt

Documentation

Team Leadership

RCSA

Vendor Exit Governance

Education

Bachelor's/Master's degree

Job description

Role Purpose

The Senior Manager Vendor Governance & Third-Party Risk Management will lead the Bank's vendor governance and TPRM function, ensuring effective oversight of critical and high-risk third parties throughout their lifecycle. The role is responsible for driving vendor risk assessments, audits, governance reporting, regulatory compliance, audit observation closure, vendor performance monitoring, offboarding, and continuous improvement of the Bank's third-party risk management framework.

The role requires strong leadership capabilities, hands-on experience in regulatory and audit engagements, and the ability to coordinate effectively with business, technology, information security, risk, compliance, internal audit, and external vendors.

Qualifications & Experience

• Bachelor's or Master's degree in Business, Finance, Risk Management, Information Technology, Law, or a related discipline.
• Approximately 6+ years of relevant experience in Third-Party Risk Management, Vendor Governance, Operational Risk, Internal Controls, Audit, Compliance, or Financial Services.
• Experience in banking, payments, fintech, NBFC, or another highly regulated financial-services environment preferred.
• Demonstrated experience managing critical and high-risk vendors and leading cross-functional governance activities.
• Experience with RBI regulatory requirements relating to outsourcing, IT/technology services, payment systems, CBC/BC arrangements, and vendor governance is preferred.
• Professional certifications in Risk Management, Information Security, Audit, Business Continuity, or related areas would be an advantage.

Key Skills & Competencies

• Third-Party Risk Management and Vendor Governance
• Operational Risk and RCSA
• RBI Regulatory Compliance
• Vendor Due Diligence and Risk Assessment
• Internal, External and Regulatory Audit Management
• Control Design and Control Effectiveness Testing
• Issue and Audit Observation Management
• Vendor Performance and SLA Monitoring
• Business Continuity Planning and BIA
• Data Migration and Vendor Exit Governance
• Policy and SOP Development
• Stakeholder and Team Management
• Strong Analytical, Documentation and Presentation Skills

Core Capabilities

• As a subject matter expert lead the vendor governance team.
• Exercise effective challenge over vendor risks, control adequacy, risk acceptance, and remediation plans.
• Manage and develop team members while ensuring high-quality and timely delivery.
• Influence and drive closure of complex cross-functional discussions.
• Provide meaningful risk insights and management reporting to support informed decision-making.
• Take ownership of strengthening the Bank's overall third-party governance, regulatory compliance, and operational resilience.