VP-Risk Management

Passfort; Gurugram District; On-site; INR 3,500,000 - 7,000,000; Full time

Job summary

Moody’s is seeking a VP-Risk Management to lead the centralized third‑party risk program within Procurement. You will drive enterprise risk operating models, policy alignment, and global audit readiness, coordinating with risk, legal, cybersecurity and finance teams.

The role requires a strong track record in regulatory frameworks, data governance, and cross‑functional leadership, with a focus on AI risk management and responsible AI use across Moody’s global relationships.

Qualifications

• 10+ years of experience driving strategic initiatives in third‑party risk programs within financial services.
• Proven success designing and operationalizing enterprise‑level operating models, governance, and controls across third‑party lifecycle.
• Expertise in regulatory frameworks across multiple jurisdictions and with major regulators.

Responsibilities

• Drive centralized Third Party Risk Management capabilities within Procurement.
• Design and implement enterprise risk operating model, policies, standards and controls.
• Build and recruit the Third Party Risk Management Program Office team.
• Develop workflows, dashboards and SLAs to improve operational efficiency.
• Define roles and handoffs across risk, legal, cybersecurity and compliance.
• Prepare materials for Steering Committee, leadership and audit committees.
• Operationalize policies globally and ensure audit readiness.

Skills

Strategic risk programs

Regulatory knowledge

Cross‑functional leadership

Data governance

AI in risk

Communication & influence

Change leadership

Education

Bachelor's degree

Advanced degree preferred

Job description

VP-Risk Management

Gurugram, India

At Moody's, we unite the brightest minds to turn today’s risks into tomorrow’s opportunities. We do this by striving to create an inclusive environment where everyone feels welcome to be who they are—with the freedom to exchange ideas, think innovatively, and listen to each other and customers in meaningful ways. Moody’s is transforming how the world sees risk. As a global leader in ratings and integrated risk assessment, we’re advancing AI to move from insight to action—enabling intelligence that not only understands complexity but responds to it. We decode risk to unlock opportunity, helping our clients navigate uncertainty with clarity, speed, and confidence.

If you are excited about this opportunity but do not meet every single requirement, please apply! You still may be a great fit for this role or other open roles. We are seeking candidates who model our values: invest in every relationship, lead with curiosity, champion diverse perspectives, turn inputs into actions, and uphold trust through integrity.

Skills and Competencies

• 10+ years of experience driving strategic initiatives in building, maturing and enhancing third party risk programs within financial services, with strong knowledge of regulatory expectations across multiple jurisdictions
• Proven success designing and operationalizing enterprise‑level operating models, governance structures, and control frameworks across the third‑party lifecycle
• Expertise in regulatory frameworks, including Federal Bank regulators, global supervisory authorities and industry guidance
• Demonstrated ability to lead cross‑functional initiatives and influence senior stakeholders across risk, procurement, legal, cybersecurity, compliance, finance and technology
• Strong data governance and reporting skills, including establishing authoritative sources, defining quality standards, and building dashboards and key risk indicators
• Excellent communication, relationship building, and change leadership capabilities with the ability to drive adoption across global teams
• Demonstrated proficiency in artificial intelligence concepts, with hands‑on experience using AI tools to streamline workflows and enhance operational efficiency. Proven ability to implement AI‑powered solutions to solve business challenges. Demonstrates a growing awareness of AI risk management and a commitment to responsible and ethical AI use

Education

• Bachelor's degree required
• Advanced degree in business, risk, compliance or related field preferred

Responsibilities

Work alongside the Third Party Risk Management Program Office Lead within the Procurement function to drive a centralized Third Party Risk Management capability enabling consistent risk‑aware oversight of Moody's global third‑party relationships.

• Assist in designing and implementing the enterprise third party risk management operating model, integrating policies, standards and controls across the third‑party lifecycle
• Help build the Third Party Risk Management Program Office team by supporting recruitment, onboarding, and team development efforts
• Develop workflows, dashboards, and service level agreements, ensuring stakeholder adoption to drive operational efficiency
• Assist in defining roles, responsibilities, and handoffs across first line and second line teams to ensure accountability and consistent execution
• Prepare materials, metrics and insights for the Third Party Risk Management Steering Committee, senior leadership and audit committees, aligning priorities and reporting progress
• Operationalize Third Party Risk Management policies and standards globally, ensuring adherence to regulatory requirements, internal frameworks, and audit readiness
• Manage and oversee team execution of due diligence and risk assessments, coordinating efforts across stakeholders in cybersecurity, privacy, resilience, financial viability, and concentration risk
• Help drive efforts to identify and implement tooling for intake assessments, contracting and monitoring, improving platform integration and vendor data quality
• Develop partnerships with Strategic Sourcing to embed Third Party Risk Management into sourcing decisions, balancing cost, risk and speed while managing ongoing monitoring and issue remediation
• Oversee team and stakeholder adherence to the Third Party Risk Management policy and support reporting on ongoing monitoring, issue management, remediation and exit activities to strengthen third party risk posture and operational resilience

About the Team

Our Third Party Risk Management Program Office team sits within the Procurement function and is responsible for building and maturing a centralized, enterprise‑wide third party risk management capability at Moody's. We drive consistent risk‑aware onboarding, oversight, and monitoring of global third‑party relationships, ensuring alignment with regulatory expectations and internal risk frameworks across multiple jurisdictions. By joining our team, you will help shape the strategic vision of a best‑in‑class Third Party Risk Management function, working across risk, legal, compliance, cybersecurity, finance and technology to deliver transparency, operational resilience, and responsible governance of Moody's global third‑party ecosystem.

Moody’s is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender expression, gender identity or any other characteristic protected by law.

Candidates for Moody's Corporation may be asked to disclose securities holdings pursuant to Moody’s Policy for Securities Trading and the requirements of the position. Employment is contingent upon compliance with the Policy, including remediation of positions in those holdings as necessary.