Risk & Compliance Lead

We are seeking an experienced Risk & Compliance Lead to oversee risk management, regulatory compliance, governance, and audit functions within the Banking, Financial Services, and Insurance (BFSI) domain . The ideal candidate will ensure adherence to industry regulations, internal risk frameworks, and compliance policies while mitigating operational, financial, and cybersecurity risks .

Key Responsibilities:

• Risk Management & Governance:
• Develop, implement, and maintain a comprehensive risk management framework aligned with BFSI regulatory requirements.
• Conduct risk assessments, gap analyses, and control evaluations to identify and mitigate potential threats.
• Oversee business continuity planning (BCP) and disaster recovery (DR) strategies to minimize operational risks.
• Regulatory Compliance & Audits:
• Ensure compliance with global and regional financial regulations such as Basel III, GDPR, PCI-DSS, SOX, ISO 27001 , and local banking laws.
• Develop and enforce compliance policies, internal controls, and governance mechanisms .
• Lead internal and external audits, regulatory inspections , and ensure timely remediation of audit findings.
• Monitor and analyze regulatory changes , ensuring proactive compliance with evolving industry standards.
• Cybersecurity & Fraud Prevention:
• Collaborate with IT, cybersecurity, legal, and operations teams to manage risks related to data privacy, fraud, cybersecurity, and financial crime .
• Ensure adherence to cybersecurity compliance frameworks and anti-money laundering (AML) standards .
• Training & Reporting:
• Conduct compliance training programs for employees to promote awareness of risk policies and ethical practices.
• Generate risk reports, dashboards, and compliance documentation for senior management and regulators.

Required Skills & Qualifications:

Experience:

• 8+ years in risk management, compliance, governance, or audit roles within the BFSI sector.
• Strong expertise in operational risk, cybersecurity compliance, data privacy, anti-money laundering (AML), and fraud prevention .
• Hands-on experience with risk management tools, GRC (Governance, Risk, and Compliance) platforms, and regulatory reporting .

Regulatory Knowledge:

• In-depth knowledge of financial regulations, compliance frameworks, and risk assessment methodologies .
• Proficiency in conducting audits, managing regulatory engagements, and implementing internal controls .

Technical & Soft Skills:

• Excellent analytical, problem-solving, and stakeholder management skills .
• Strong communication and leadership abilities to work with cross-functional teams, regulators, and senior executives .

Preferred Qualifications:

• Certifications such as CISA, CRISC, CISM, CISSP, CAMS, or PRM/FRM .
• Experience with digital banking, fintech regulations, and cloud security compliance .
• Familiarity with AI/ML-driven risk analytics, fraud detection, and regulatory technology (RegTech) solutions .