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AVP, VP- Risk Governance

Mumbai Permanent View Job Description
The role will be responsible for implementing and managing central risk policies and commitee TORs, ensuring alignment with regulatory expectations, and driving a culture of proacƟve risk management across the organization. This role will serve as a key liaison between the Risk function and internal/external stakeholders, including Audit, Compliance, and the Board.
  • Opportunity to work with a leading housing finance organization
  • Opportunity to formulate risk policies and oversee governance

About Our Client

Leading housing finance company

Job Description

Risk Governance & Framework Development
Design and implement enterprise-wide risk governance structures tailored to housing finance.
Ensure alignment with NHB (National Housing Bank) guidelines and other regulatory frameworks.
Develop and maintain the Risk Appetite Framework in line with strategic objectives
Ensure alignment of risk policies with RBI / NHB Master Directions and other regulatory requirements.

Policy & Compliance Oversight
Review and challenge risk policies, procedures, and control frameworks.
Monitor compliance with internal risk policies and regulatory requirements.
Lead periodic reviews of Risk and Control Self-Assessments (RCSAs)

Regulatory Compliance & Reporting
Ensure timely and accurate risk-related regulatory reporting
Liaise with RBI/NHB and other regulatory bodies on risk matrix
Prepare and present risk dashboards to the Board Risk Commitee and senior stakeholders.

Internal Controls & Audit Readiness
Drive automation of risk controls and ensure audit readiness.
Support internal and external audits related to risk governance.

Team Leadership & Culture
Lead and mentor a team of risk professionals across domains.
Promote a risk-aware culture across all levels of the organization.

Stakeholder Engagement
Act as a key liaison with regulators, auditors, and internal governance committees.
Provide strategic risk insights to business heads and product teams.

The Successful Applicant

12+ years of experience in risk preferably from a housing finance background

What's on Offer

Opportunity to work directly with the senior leadership team and be a part of a fast growing organization.

Quote job ref
JN-092025-6836049

Job summary

Function
Banking & Financial Services
Sub Sector
Risk Management
What is your area of specialisation?
Financial Services
Location
Mumbai
Job Type
Permanent
Job Reference
JN-092025-6836049

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.