Director - Risk Management

What We'll Bring:

We are India’s leading credit information company and have established ourselves as a key anchor in the credit ecosystem of the country over the past 25 years. As an information and analytics provider, we aim to bridge the gap between stakeholders across multiple ecosystems. We use information for good by analyzing credit information to generate solutions for institutions and consumers. Our solutions facilitate easy access to credit for consumers and provide valuable insights to lenders when evaluating potential borrowers.

We are in the business of building trust between organizations and consumers. It is our core belief that trust can help organizations and consumers transact with ease and help them achieve great things.

We are committed to not just being an equal opportunity employer but also actively cultivating a culture of inclusion and belonging. We celebrate and respect the unique backgrounds and experiences that every individual brings to our team. Applicants are evaluated based on job qualification - not race, color, sex / gender, religion, caste, national origin, age, disability, marital status, citizenship status, sexual orientation, gender identity or any other status. We are committed to taking affirmative action to employ and advance minorities, women, and qualified disabled individuals. We ensure a safe, productive, and harassment-free workplace for all.

Provision of Reasonable Accommodations

We are committed to providing reasonable accommodations for individuals with disabilities throughout the application and employment process. Please contact us to discuss any accommodations you may need.

Culture and Values

Our culture is welcoming, energetic, innovative, and deeply committed to fostering an environment of belonging, where diverse perspectives and backgrounds are valued. There’s an overall synergy that flows throughout the company, creating a sense of connect, belonging and unity in knowing that we’re all working to achieve the same overall goal. Our core values which we live by every day are integrity, People, Customer, and Innovation.

https://www.transunion.com/privacy/global-job-applicant

What is excitement and passion for us?

We define it as a blend of curiosity, ability to unlearn and yet continuously learn, able to connect with meaning and finally the drive to execute ideas till the last mile is achieved. This passion helps us focus on continuous improvement, creative problem solving and collaboration which ensures delivery excellence.

Dynamics of the Role

To lead the development, implementation and continual maturity of the Company’s Risk Management Framework and take accountability for the quality and effectiveness of the business and corporate risk governance controls. Responsible for assisting in the development and maintenance of working relationships with the RBI and other key external stakeholders as agreed.

What You'll Bring:

Roles & Responsibilities

• Lead, conduct and assist the identification, assessment, monitoring and mitigation of risks throughout the group.
• Build risk concepts which are quantifiable (possibilities v/s probabilities
• Translating the same into Risk Culture
• Be the custodian of all Risk related areas across the organization and maintain a robust framework to identify, remediate and institutionalize appropriate controls to minimize risk event.
• Analyze and report risk profile and control performance, and benchmark processes against regulatory requirements, Company standards and industry best practices to develop and improve the Company risk management framework.
• Liaise with directors and senior managers to identify risks in their business areas, and agree the controls required to mitigate each risk. Enter those risks and controls on the risk register and ensure that the entries are consistent.
• Provide monthly updates to the Executive on current business risks and progress with action points and prepare quarterly reports for the Audit and Risk Committee. Support the Board in its ownership and management of regulatory risk (including without limitation RBI regulatory risk).
• Timely and insightful reporting to Board Risk Management Committee.
• Completion and testing of Business Continuity Plans (BCPs).
• Provide support and leadership where appropriate on specific risk projects, method changes or risk systems developments.
• Develop a continuous improvement culture where lessons learned are shared.
• Act as an exemplar of leadership values and behaviors through effective role modelling and actions.
• Ensure the Risk Function is a strong 2nd line of defense that is supportive, enabling and independently challenging to the business.
• Ensure the business manages all types of risk within agreed statements of risk appetite.
• Represent and promote the importance of robust and appropriate internal controls to senior management, advising on the response business should take to key risk and regulatory issues

Impact You'll Make:

Experience and Skills

• Bachelor’s degree along with CA/CFA/FRM or any related certification in related field
• 15 plus years of relevant experience in BFSI sector
• Experience of working in large and complex businesses, able to cut across functions, joining the dots and bringing teams of associates together
• Core experience in Risk function, exposure of managing regulators is a must
• Excellent communication skills: with the ability to advise and influence senior management, develop productive and collaborative relationships with associates across a wide range of disciplines

This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.