Vice President

Experience Required:

Location Flexibility:

Job Location: Pune/ Noida

Candidate Profile:

We are looking for professionals with experience in:

• Audit & Assurance

• Testing of Controls/Internal Audit

• Risk and Control Frameworks

• First Line of Defence roles.

Position Title: Vice President – Control Assurance (Laws, Rules, and Regulations)

Location: Pune

Experience Level: Leadership | Risk, Controls & Regulatory Assurance

Position Overview

We are seeking an experienced professional to join our Control Assurance Services team as Vice President – LRR Assurance. In this critical role, you will lead and execute assurance activities focused on the effectiveness of control environments, primarily covering adherence to Laws, Rules & Regulations (LRR) and other principal operational risks, including Supplier Risk, Premises, and related domains.

You will play a key role in delivering independent control testing, driving assurance strategies, and advising senior stakeholders on improvements, compliance, and risk mitigation across global business functions.

Key Responsibilities

• Lead control testing engagements to assess design and operational effectiveness of internal controls aligned with corporate standards and regulatory requirements.
• Design detailed test plans and procedures to proactively identify gaps and control weaknesses with prioritization based on business impact, reputational risk, and operational disruption.
• Collaborate with stakeholders across functions to ensure consistent control assurance practices and support business-aligned risk and control strategies.
• Provide timely and impactful reporting to leadership, ensuring clear communication of findings, recommendations, and remediation plans.
• Create and maintain a knowledge repository of assessments, testing outcomes, and best practices; contribute to training and capability development across teams.
• Drive the continuous improvement of the Controls Testing Framework and champion a strong risk and control culture.
• Partner with risk, compliance, audit, and business teams to ensure consistent interpretation and application of internal control policies.

Leadership & Strategy Expectations

• Contribute to or shape assurance strategies, manage resources and budgets, and lead planning aligned with business goals.
• For people leaders: define team structure and responsibilities, support career growth, and ensure performance standards are met.
• For individual contributors: act as a subject matter expert and guide junior team members in risk/control frameworks and assurance execution.
• Demonstrate leadership behaviors such as authenticity, collaboration, coaching, and cross-functional alignment.
• Manage and mitigate risk, support governance frameworks, and influence decisions that drive strategic control improvements across the enterprise.

Key Skills & Qualifications

• Proven experience in Control Design and Operating Effectiveness Testing, ideally within financial services.
• Strong knowledge of regulatory requirements and risks such as Operational Risk, Market Risk, and their associated control frameworks.
• Ability to translate regulatory obligations into actionable risk insights and control testing initiatives.
• Excellent communication and stakeholder engagement skills, including experience presenting to senior leadership.
• Strong analytical skills and ability to synthesize large datasets for reporting and insights.
• Project and change management experience, with a hands-on approach to delivery.

Desirable Skills

• Exposure to LRR frameworks related to Market Risk across US and UK geographies.
• Familiarity with Data Analytics for control testing (SQL/Python preferred).
• Understanding of regulatory environments and control governance within financial institutions.
• Knowledge of process improvement methodologies (LEAN, DMAIC, Value Stream Mapping).
• Professional certifications in audit, risk management, or controls (e.g., CISA, CRMA, CIA).

What We Look For

• Self-starter mindset with the ability to prioritize and manage multiple initiatives.
• Passion for governance, risk management, and continuous improvement.
• Ability to work in a matrixed, fast-paced, and global environment.
• Strong interpersonal and influencing skills with a collaborative approach to problem-solving.