Job SummaryMain purpose of the job The Group Manager - Risk & Compliance will be the India Head for the development, implementation, and oversight of the organization's risk management and compliance framework in India in line with UK regulatory requirements. The role ensures the business operates within legal and ethical boundaries while proactively identifying and mitigating risks.

Key ResponsibilitiesKey tasks & responsibilities

1. Risk Management
- Develop and maintain the enterprise risk management (ERM) framework
- Identify, assess, and monitor key risks (operational, financial, regulatory, reputational)
- Lead and drive risk assessments, scenario analysis, and stress testing
- Review & maintain risk registers and ensure mitigation plans are in place
- Report key risk indicators (KRIs) to senior leadership and board committees

- Compliance & Regulatory Oversight

- Ensure adherence to UK regulatory requirements e.g., Financial Conduct Authority (FCA)
- Review and Oversee compliance monitoring programs and internal audits
- Interpret regulatory changes and implement necessary controls
- Act as the primary liaison with regulators and external auditors
- Support the Director of Risk & Compliance in the identification and assessment of external threats.

- Policy & Governance

- Review, develop and update compliance policies, procedures, and internal controls
- Promote and drive a strong risk-aware culture across the organization
- Support governance frameworks and board reporting
- Review completion of regular risk and risk event (Incidents, Breaches and our Crisis Management) reporting to the SMT, Risk Management & Audit Committee (RMAC), the Board and other relevant internal committees.

- Stakeholder Management

- Lead and collaborate with business units, legal, audit, and senior leadership




- Provide training and guidance on risk and compliance matters
- Influence decision-making through risk-based insights
- Provide advice and challenge to the SMT and their direct reports in relation to risk reporting, risk assessment and mitigation.

- Team Leadership

- Lead and mentor a team of risk and compliance professionals in India
- Drive performance, development, and succession planning
- Support the evolution of the risk appetite framework
- Establishing more 'risk based' MI for senior management consumption by identifying Key Risk Indicators
- Continuously develop the Risk and Control Frameworks documentation including appropriate Registers.

Skill RequirementsEducation/ Qualifications/ Training

- Educated to degree standard.
- Relevant degree or equivalent Professional Risk Qualifications and Certifications (e.g. IRM)

Special Skills/ Knowledge

- Valuable working knowledge of ERM frameworks.
- Good understanding of external ERM standards such as ISO 31000, IRM Risk Management Standard, COSO ERM standard etc.
- Good understanding of Consumer Duty, Conduct Risk obligations.
- Understanding of Life & Pensions outsourcing business model

Other RequirementsExperience

- 8-15 year's experience in Risk, Compliance, or Audit roles
- Risk Management experience gained within Financial Services.
- Experience in developing / implementing Risk management related change programmes.
- Strong experience in UK regulatory environment

Personal Qualities

- Displays an adaptable and flexible working style, remaining calm under pressure, adjusting comfortably to changing conditions/ priorities.
- Proven leading, planning and organisation skills.
- Demonstrates excellent communication skills, a confident and articulate presenter to internal / external audiences.
- Effective report writing skills, ability to develop and present ideas and reasoned arguments clearly and concisely to various audiences.

📌 Operation Risk Manager (India)
🏢 HCL Technologies
📍 India