M2-Senior Manager-ERM

PayU; Gurugram District; On-site; INR 1,500,000 - 2,500,000; Full time

Benefits offered by this job

Access to training courses

Inclusive work environment

Opportunity for leadership roles

Job summary

PayU is seeking an experienced Enterprise Risk Management Manager in Gurugram, India, to oversee risk management operations. This individual will be responsible for executing ERM frameworks, conducting risk assessments, and ensuring compliance with regulatory standards. The candidate should have a Bachelor's degree in a relevant field with at least 8-10 years of experience in a similar role.

The ideal candidate possesses strong analytical skills, excellent communication abilities, and a proven track record in risk management methodologies. Opportunities for growth into leadership roles are available.

Qualifications

• Minimum of 8-10 years in enterprise risk management.
• Strong understanding of risk management frameworks like COSO, ISO 31000.
• Effective communication and interpersonal skills.

Responsibilities

• Execute an Enterprise Risk Management framework.
• Conduct risk assessments and prioritize risks.
• Collaborate with stakeholders to monitor risk appetite.

Skills

Analytical skills

Risk management principles

Communication skills

Project management skills

Problem-solving skills

Education

Bachelor’s degree in business administration, Finance, Risk Management, or a related field

Tools

Risk management tools and software applications

Job description

About The Team

PAYU PAYMENTS PRIVATE LIMITED. The Enterprise Risk Management (ERM) team within PayU's Risk Management vertical is dedicated to protecting our payment infrastructure and enabling secure financial transactions across global markets. We enable PayU to process secure payments while maintaining customer trust and regulatory compliance, supporting millions of transactions daily across diverse markets. Our mission is to empower secure payments through comprehensive risk management that balances protection with innovation.

About The Role

The Enterprise Risk Management Manager will play a pivotal role in overseeing risk management operations pertaining to enterprise risk, operations, compliance, and settlement risk. This position requires strategic planning and execution of internal control measures to ensure the company's risk management framework is robust and compliant with regulatory standards. Responsibilities include providing reasonable assurance on the effectiveness of the organization’s risk management and the strength of internal controls. The role is currently an individual contributor position and will evolve to include leadership as the organization scales.

Responsibilities

• Execute a comprehensive Enterprise Risk Management (ERM) framework, incorporating best practices and industry standards.
• Conduct regular risk assessments to identify, assess, and prioritize risks across all business functions.
• Collaborate with key stakeholders to monitor and report risk appetite and tolerance levels, aligning risk management strategies with organizational objectives.
• Design and implement risk mitigation plans and control mechanisms to minimize exposure to operational, compliance, and settlement risks.
• Monitor and evaluate the effectiveness of risk controls through ongoing testing and review processes.
• Provide guidance in advisory capacity and support to business units in implementing risk management processes and procedures.
• Facilitate risk awareness and training programs to enhance risk culture and promote proactive risk management behaviors.
• Stay abreast of regulatory developments and industry trends related to enterprise risk management, ensuring compliance with relevant laws and regulations.
• Engage with regulators and external auditors to ensure transparency and compliance.
• Leverage data analytics and automation tools to enhance risk identification, monitoring, and reporting.
• Prepare and present regular risk reports to senior management, highlighting key risk trends, issues, and recommendations.
• Foster a culture of continuous improvement within the organization by identifying opportunities to enhance risk management practices and optimize business processes.

Requirements

• Bachelor’s degree in business administration, Finance, Risk Management, or a related field; advanced degree or professional certification (e.g., C.A. CRM, FRM, CFA) preferred.
• Proven experience in enterprise risk management, with a minimum of 8-10 years in a similar role.
• Strong understanding of risk management principles, methodologies, and frameworks (e.g., COSO, ISO 31000).
• Excellent analytical and problem-solving skills, with the ability to identify and assess complex risks and develop practical solutions.
• Effective communication and interpersonal skills, with the ability to collaborate across functional areas and influence stakeholders at all levels.
• Experience in leading cross-functional initiatives and influencing senior stakeholders; potential to manage a small team in future.
• Preferred exposure to FinTech or Payments industry.
• Strong project management skills, with the ability to prioritize tasks, manage multiple initiatives, and meet deadlines.
• Proficiency in risk management tools and software applications.
• High level of integrity, professionalism, and ethical conduct.

What We Offer

• A positive, get-things-done workplace.
• A dynamic, constantly evolving space (change is par for the course – important you are comfortable with this).
• An inclusive environment that ensures we listen to a diverse range of voices when making decisions.
• Ability to learn cutting edge concepts and innovation in an agile start-up environment with a global scale.
• Access to 5000+ training courses accessible anytime/anywhere to support your growth and development (Corporate with top learning partners like Harvard, Coursera, Udacity).
• Opportunity to grow into leadership roles within global risk management.