Director – Non-Financial Risk Management Saaki, Argus & Averil Consulting

The Corporate Institute; Chennai; Remote; INR 9,000,000 - 15,000,000; Full time

Job summary

The Corporate Institute in Chennai is seeking an experienced Director – Non-Financial Risk Management to head the NFR service delivery function. You will oversee RCSA, KRIs, risk events, issue management and control testing while driving governance and automation across global regions.

Ideal candidates will have deep operational risk expertise, strong regulatory governance exposure, and a track record of leading large teams in global banking environments; a bachelor’s degree and professional

Qualifications

• 15+ years of risk management experience in banking/financial services.
• Strong understanding of Non-Financial Risk and Operational Risk frameworks.
• Experience in risk governance, regulatory reporting, audit reviews and remediation.
• Proven ability to lead teams in a global, matrixed organisation and manage senior stakeholders.

Responsibilities

• Lead delivery of non-financial risk services for multiple international regions, ensuring quality and timeliness.
• Oversee RCSA, KRIs, risk events, issue management, and control testing.
• Drive risk reporting, governance reviews, dashboards, audits, and regulatory requests.
• Establish QA mechanisms, review processes, and escalation procedures.
• Analyze risk trends and drive continuous improvement and automation.
• Collaborate with global risk leaders, business, audit, compliance, and technology.

Skills

Operational Risk

RCSA

KRIs

Regulatory Governance

Risk Reporting

Stakeholder Management

Team Leadership

Automation & Process Improvement

Education

Bachelor’s in Finance/ Risk Management / related field

FRM/PRM/CIA/CPA/CISA/PMP certification

Job description

Hiring: Director – Non-Financial Risk Management

Location:

Chennai

Experience:

15+ years

Industry:

Banking / Financial Services

About the Role:

We are looking for an experienced risk management leader to head the Non-Financial Risk (NFR) service delivery function for a leading global banking organisation. The role involves overseeing risk-related operations, strengthening governance and controls, and ensuring consistent, high-quality delivery to global stakeholders.

The ideal candidate will bring strong expertise in operational risk, risk and control frameworks, regulatory governance, and leading large teams in a global banking or financial services environment.

Key Responsibilities:

• – Lead the delivery of non-financial risk services for multiple international regions, ensuring quality, accuracy, timeliness and adherence to established standards.
• – Oversee activities relating to Risk & Control Self-Assessment (RCSA), Key Risk Indicators (KRIs), operational risk events, issue management and control testing.
• – Drive risk reporting, governance reviews, management dashboards, audit support and regulatory information requests.
• – Establish robust quality assurance mechanisms, review processes, performance metrics and escalation procedures.
• – Analyse risk trends, recurring control weaknesses and emerging issues, ensuring appropriate follow-up and timely escalation.
• – Work closely with global risk leaders, business teams, audit, compliance, technology and operations stakeholders.
• – Build and develop high-performing teams, with clear accountability, effective resource planning and strong succession coverage.
• – Lead initiatives to improve processes, standardise workflows, strengthen controls and increase automation.
• – Support the expansion and transformation of risk services delivered through the India-based Global Capability Centre (GCC).
• – Ensure appropriate documentation, data integrity, access controls and audit readiness across service delivery activities.

Desired Candidate Profile:

• – 12+ years of experience in risk management within banking or financial services, including significant leadership responsibility.
• – Strong understanding of Non-Financial Risk and Operational Risk frameworks, including RCSA, KRIs, risk events, issue management and control testing.
• – Experience in risk governance, regulatory reporting, audit reviews and remediation activities.
• – Demonstrated ability to lead teams in a global, matrixed organisation and manage senior stakeholder relationships.
• – Experience in global service delivery, shared services or a GCC environment, preferably involving service transitions, scaling and operational transformation.
• – Strong understanding of risk and control governance, quality assurance and the Three Lines of Defense model.
• – Proven track record in process improvement, automation, data analysis and performance management.
• – Excellent communication, analytical, decision-making and people leadership skills.

Education:

A bachelor’s degree in Finance, Risk Management, Accounting, Business Administration, Economics or a related discipline is required. A postgraduate qualification or relevant professional certification such as FRM, PRM, CIA, CPA, CISA or PMP would be an advantage.

Interested candidates with strong banking risk management experience and a track record of leading global risk operations are encouraged to apply.