Enterprise Risk Manager

Position: Enterprise Risk Manager

Location: Mumbai

Experience: 812 Years

Reporting To: CFO

About the Role

We is looking for an experienced Enterprise Risk Management professional to lead and strengthen the organization's enterprise-wide risk framework.

The role will be responsible for identifying, assessing, monitoring and mitigating strategic, financial,

operational, commercial, regulatory, legal, project and business continuity risks across the organization.

The candidate will work closely with the CFO, senior management and business leadership to integrate risk management into strategic decision-making, strengthen risk governance and provide independent risk insights on key business initiatives.

Key Responsibilities

Enterprise Risk Management

- Develop, institutionalize and continuously enhance the Enterprise Risk Management (ERM)

framework and policy.
- Drive enterprise-wide risk identification, assessment, quantification and mitigation exercises.
- Maintain the Enterprise Risk Register, risk taxonomy, risk appetite and mitigation framework.
- Define and monitor Key Risk Indicators (KRIs) and early-warning indicators.
- Conduct periodic risk maturity assessments and develop improvement roadmaps.
- Integrate risk management into business strategy, planning and decision-making.

Strategic & Emerging Risk
- Conduct horizon scanning and external environment scanning to identify emerging risks.
- Monitor macroeconomic, geopolitical, regulatory, industry and business developments that may impact the organization.
- Lead strategic risk deep-dives on critical business themes and emerging risks.
- Undertake scenario analysis and stress testing for significant enterprise risks.
- Provide independent risk perspectives to senior management on strategic decisions.

Financial & Business Risk
- Identify and assess risks impacting revenue, profitability, margins,



cash flows and capital allocation.
- Evaluate financial and commercial risks including commodity/market movements, FX exposure,

interest rates, customer/counterparty risks and working capital.
- Support management in assessing the potential financial impact of major risk events.
- Partner with Finance and Treasury teams on financial risk monitoring and mitigation.

Operational & Business Continuity Risk
- Develop and strengthen the Business Continuity Management (BCM) framework.
- Identify critical business processes and assess business disruption risks.
- Develop business continuity, crisis response and recovery protocols.
- Conduct business continuity assessments and scenario-based exercises.
- Monitor operational resilience across critical functions and processes.

Project, Capex & Asset Risk
- Conduct independent risk evaluations of Capex projects, strategic investments and major business initiatives.
- Identify project execution, cost, timeline, operational and commercial risks.
- Provide objective risk assessments to support capital allocation and investment decisions.
- Monitor key project risks through the project lifecycle.

Regulatory, Legal & Compliance Risk
- Assess recent and evolving regulatory requirements and their potential impact on the organization.
- Develop processes for regulatory risk assessment, monitoring and reporting.
- Identify and assess legal and compliance risks across business functions.




- Work with Legal and Compliance teams to establish appropriate mitigation protocols.
- Ensure timely reporting of significant regulatory and compliance risks to senior management.

Risk Governance & Board Reporting
- Prepare comprehensive Risk MIS, dashboards and risk packs for the CFO and senior management.
- Support reporting to the Board, Risk Management Committee and other governance forums.
- Track risk mitigation actions, ownership, timelines and residual risk.
- Facilitate periodic risk review meetings with business and functional heads.
- Strengthen risk governance, accountability and risk culture across the organization.

Internal Controls

- Identify control gaps across risk-sensitive processes.
- Partner with Finance, Internal Audit and business teams to strengthen internal control frameworks.
- Monitor the effectiveness of key controls and mitigation mechanisms.
- Ensure risk management is appropriately integrated with internal control and audit processes.

Candidate Profile

- 8-12 years of experience in Enterprise Risk Management / Business Risk / Strategic Risk / Financial

Risk / Operational Risk.
- Experience in steel, metals & mining, manufacturing, infrastructure, heavy engineering, financial services or other complex organizations preferred.
- Strong experience in ERM framework design and implementation.
- Proven exposure to Board / Risk Committee / Senior Management reporting.
- Experience in Business Continuity Management, risk maturity assessment and horizon scanning.
- Strong understanding of strategic, operational, financial, regulatory, legal and project risks.
- Experience in Capex / project risk evaluation would be an advantage.
- Strong analytical, communication and stakeholder-management skills.
- Ability to independently challenge business assumptions and provide an objective risk perspective.

📌 Enterprise Risk Manager (Mumbai)
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