Our client, a leading global financial services firm with strong capabilities across Investment Banking, Investment Management, Wealth Management, and Fund Services, is seeking a Vice President – Quantity Assurance (QA) for Non-Financial Risk Management based in Mumbai. This role will lead a global Quality Assurance function, ensuring robust execution, consistency, and regulatory defensibility of the Non-Financial Risk (NFR) Framework, with a strong focus on Issues Management, Internal & External Incidents, and Risk & Control Assessments (RCSA).
The successful candidate will be a strategic risk professional with deep operational / non-financial risk expertise, strong governance acumen, and the ability to influence senior stakeholders across regions.
Key Responsibilities
- Own and drive end-to-end Quality Assurance oversight for key NFR components: Issues Management, Internal and External Incident Management, Risk & Control Self-Assessments (RCSA)
- Lead and develop a globally distributed QA team, setting clear standards, expectations, and performance metrics.
- Partner with NFR Framework, Risk Owners, and Technology teams to strengthen controls, documentation, and data quality.
- Identify breaches, emerging themes, and systemic weaknesses; ensure timely escalation and remediation.
- Ensure consistency, accuracy, and integrity of NFR data across internal governance, management reporting, and regulatory submissions.
- Maintain strong evidence management and record-keeping to support internal audit reviews and regulatory inspections.
Experience & Qualifications
- 12–16+ years of progressive experience in Operational Risk or Non-Financial Risk Management within large, complex financial institutions.
- Bachelor’s or Master’s degree in Finance, Economics, Risk Management, or a related discipline.
- Technical Expertise
- Deep hands-on experience with:Issues Management frameworks, RCSA design, execution, and challenge
- Exposure to ORX consortium data and industry loss databases is a strong plus.
- Experience with capital calculations, scalars, and variance analysis is highly desirable.
- Proven ability to lead and influence global, cross-functional teams.
- Excellent communicator with strong interpersonal and stakeholder management skills.
Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days, we regret to inform you that your application for this position was unsuccessful.