Business Risk and Controls - AVP - Transformation India, Chennai Jobs

Pursue a pivotal career at the intersection of risk management and business transformation by exploring Business Risk and Controls - AVP - Transformation jobs. This profession sits within the First Line of Defence in financial services and other highly regulated industries, acting as a critical safeguard. Professionals in this role are the architects of a resilient control environment, designing, implementing, and monitoring the frameworks that protect the organization from operational, compliance, and financial risks, particularly during periods of significant change and transformation. Individuals in these positions are responsible for a comprehensive suite of control-related activities. A central duty is the management and oversight of the Risk & Control Self-Assessment (RCSA) program. This involves meticulously documenting processes, identifying inherent risks, and designing effective control activities to mitigate them. They are tasked with assessing the effectiveness of existing controls, identifying control gaps, and leading initiatives to uplift and enhance the control framework. This requires a deep understanding of end-to-end processes to ensure controls are not only robust but also efficient and aligned with evolving business objectives. A significant part of the role involves issue management, where these professionals manage the entire lifecycle of control deficiencies—from identification and root cause analysis to designing strategic remediation plans and validating their effectiveness to prevent recurrence. Furthermore, these roles carry substantial governance and stakeholder management responsibilities. They are often responsible for producing standardized risk and control reporting for senior management and governance committees, providing the transparent data needed for sound decision-making. This necessitates constant interaction and credible challenge with business unit leaders, second-line risk and compliance teams, and internal audit to ensure a cohesive and strong control culture across the organization. They act as trusted advisors, interpreting firm-wide policies and standards and ensuring they are correctly implemented within business processes. Typical skills and requirements for these Business Risk and Controls jobs include 5-10 years of experience in a control-related function such as operational risk, compliance, or audit. Expertise in the full lifecycle of control management is paramount. Successful candidates possess exceptional analytical and problem-solving skills to dissect complex processes and translate them into clear, auditable controls. Strong verbal and written communication is essential for engaging with senior management, influencing stakeholders, and training non-risk staff. A keen attention to detail ensures data integrity in control documentation and reporting. These professionals must be adept at managing multiple priorities in a fast-paced environment and typically hold a Bachelor's degree or equivalent experience. For those seeking a dynamic career ensuring organizational integrity and resilience, Business Risk and Controls - AVP - Transformation jobs offer a challenging and impactful pathway.