Head - In-Business Control

Hiring for: A leading non-banking financial company (NBFC) in India, focused on providing innovative and customer-centric financial solutions across retail and corporate segments.

Role: Head - In-Business Control

Positions: 1

Experience: 12 to 18 years

Location(s): Worli, Mumbai

Type: On-site / Permanent

Salary: Up to INR 90 LPA

The Head of In-Business Controls will be responsible for embedding a robust risk and control framework within the business. This role sits in the first line of defense, ensuring that operational, compliance, and reputational risks are proactively identified, assessed, mitigated, and monitored across all business units.

Key responsibilities:

1.     Establish and maintain a comprehensive in-business control framework aligned with regulatory and internal risk standards.

2.     Serve as the primary liaison between business units and second/third lines of defense (Risk, Compliance, Audit).

3.     Lead the implementation of control self-assessments (RCSAs) and issue management protocols.

4.     Identify, assess, and monitor key operational risks across lending, collections, customer onboarding, and servicing.

5.     Drive root cause analysis and remediation of control failures or near misses.

6.     Ensure timely closure of open audit findings and regulatory observations

7.     Review and enhance business processes to ensure control effectiveness and regulatory compliance.

8.     Partner with product, credit, and operations teams to embed controls in new initiatives and process changes.

9.     Develop and maintain key risk indicators (KRIs) and control dashboards for senior management.

10. Promote a strong risk culture within the business through training, awareness, and leadership engagement.

Preferred Skillsets

·      Strategic thinking with hands-on execution capability

·      Strong analytical, problem- solving and critical thinking skills.

·      Effective communication and presentation skills with the ability to report audit findings to senior management.

·      Strong leadership and team management abilities

·      Proactive, result oriented and able to prioritize multiple tasks in a fast-paced environment.

·      High level of integrity and ethical standards.

·      Ability to navigate complex regulatory environments and manage stakeholder relationships effectively.