Hiring for Senior Risk and Compliance Manager – BENGALURU
We are currently seeking a highly skilled and experienced Senior Risk and Compliance Manager to join our team at First Gulf Exchange. With a competitive salary of 13,000 AED, this is an exciting opportunity for seasoned professionals with extensive experience in risk management and compliance.
If you have the expertise and drive to oversee and manage complex compliance frameworks, ensuring regulatory adherence and the mitigation of financial risks, we encourage you to apply today.
As the Senior Risk and Compliance Manager, you will be entrusted with leading and managing all aspects of risk management and compliance functions within the organization. Your primary responsibility will be to safeguard the company from potential risks and ensure strict compliance with regulatory standards across all business operations. You will be a key player in maintaining and enhancing the organization’s risk management framework.
Responsibilities:
- Risk Management Oversight: Develop, implement, and manage comprehensive risk management policies and strategies to identify, assess, and mitigate risks across all functions.
- Regulatory Compliance: Ensure full compliance with local and international regulatory requirements, such as those set by financial authorities and governing bodies. Regularly review and update policies to reflect any changes in regulations.
- Internal Controls: Establish and monitor robust internal controls to prevent any financial, operational, or reputational risks. Implement corrective actions for any identified control weaknesses.
- Risk Reporting: Provide accurate and timely reports on risk exposure and compliance issues to senior management, including recommendations for risk mitigation strategies.
- Compliance Audits: Oversee and conduct regular compliance audits to ensure the company’s adherence to regulatory guidelines and internal policies. Manage any audits from regulatory authorities.
- Team Leadership and Guidance: Lead, train, and mentor the risk and compliance team, ensuring continuous professional development and effective functioning. Provide guidance and support on complex compliance issues.
- Incident Response: Manage and investigate any compliance breaches or violations. Develop action plans to address the root cause and ensure the prevention of future incidents.
- Stakeholder Liaison: Work closely with external auditors, legal teams, and regulatory authorities to ensure the organization’s operations align with industry standards and legal requirements.
- Regulatory Updates: Stay up to date on the latest developments in local and international regulations, ensuring the business remains ahead of any potential compliance challenges.
Skills & Qualifications:
- A minimum of 8-10 years of experience in risk management, compliance, or a similar role within the financial services or related industry.
- Strong expertise in regulatory compliance, including financial regulations, AML, and KYC frameworks.
- Proven experience in developing and implementing risk management frameworks and internal controls.
- Knowledge of international financial regulations and standards, including FATF and local regulatory bodies.
- Ability to assess complex risk scenarios, provide practical solutions, and mitigate financial and operational risks.
- Strong analytical, problem-solving, and communication skills.
- Leadership experience in managing teams and providing guidance to junior and senior staff members.
- Ability to collaborate effectively with multiple stakeholders, both internally and externally.
- Advanced degree or professional certifications in risk management or compliance (e.g., CRCM, CAMS) is a plus.
What We Offer:
- A competitive salary of 13,000 AED, along with benefits and incentives.
- A challenging and rewarding role within a well-established organization in the financial sector.
- Opportunities for career advancement and professional development.
- An inclusive, dynamic, and collaborative work environment where your expertise will be valued.
- The chance to play a pivotal role in shaping the organization’s risk and compliance strategies.
How to Apply:
If you are a seasoned professional with the experience and expertise needed to excel in this senior-level role, we would love to hear from you.
We look forward to welcoming a dedicated and skilled professional to our team!
