Associate Director - Central Risk & Quality

Job description

The Associate Director Central Risk & Quality supports India Leadership and the Central Risk & Quality Leader in managing professional, regulatory, and reputational risk across a large, multi-service-line professional services firm operating in India and as part of a global network. The role focuses on coordinating, collating, analysing, and reporting risk and quality information, while supporting compliance with Indian regulatory requirements, professional standards, and global network policies. - Designation: Associate Director, Central Risk & Quality (India) - Reporting Manager: Central Risk & Quality Leader (India) - Experience : 10-14 years experience in a large professional services firm in India - Qualification: Chartered Accountant (India) mandatory - Function: Risk & Quality - Location: Mumbai (Dadar) **Key Responsibilities:** 1. Firm-wide Risk & Quality Coordination (India) - Coordinate risk and quality inputs across Audit, Tax, Advisory, Consulting, and other service lines in India. - Establish structured templates, timelines, and quality checks for service line submissions. - Ensure accuracy, completeness, and timeliness of data for leadership and global reporting. 2. India Compliance Management & Consolidation - Compile India-level compliance submissions aligned to regulatory, professional, and global requirements. - Maintain compliance calendars, trackers, and evidence repositories. - Support annual and periodic compliance certifications for India leadership. 3. Risk & Quality Analytics and Insights - Analyse firm-wide risk and quality data to identify trends and emerging issues. - Prepare dashboards and analytical insights for leadership forums. - Support prioritisation of remediation and quality improvement. 4. Client Acceptance, Continuance & Independence - Support oversight of client acceptance, continuance, independence, and conflict processes across India. - Assist with escalation and documentation of high-risk clients and engagements. - Monitor adherence to India-specific ethical and independence requirements. 5. Policy Localisation & Documentation - Localise global risk and quality policies for India. - Maintain policy repositories, approvals, and version control. - Coordinate policy communication across the firm. 6. Regulatory, Professional & Network Reviews - Coordinate responses to regulatory, professional body, and global network reviews. - Compile evidence and management responses. - Track remediation actions through closure. 7. Training & Risk Culture - Support planning and tracking of mandatory ethics, independence, and risk training. - Monitor completion across service lines and Partners. - Support firm-wide risk and quality culture initiatives. 8. Governance Reporting & Leadership Support - Prepare dashboards, papers, and presentations for governance forums. - Support leadership decision-making with clear risk insights. - Maintain confidentiality of sensitive information. 9. Stakeholder Management - Work closely with service line risk leaders and enabling functions in India. - Coordinate with Global and Network Risk & Quality teams. - Act as a trusted advisor on operational risk matters. **India Risk & Quality Governance Overlay** The Associate Director supports formal India Risk & Quality governance structures and provides coordination, reporting, and analytical support to leadership committees. **India Risk Committee Associate Director Responsibilities** - Prepare agendas, dashboards, and papers for the India Risk Committee. - Consolidate firm-wide risk themes, incidents, and review findings. - Track action items, decisions, and remediation plans. - Support escalation of critical matters to India and global leadership. **Key Requirements:** - 10- 15 years experience in a large professional services firm in India. - Experience in central risk, quality, compliance, or professional practice roles. - Exposure to regulatory, professional body, and global network reviews. - Commitment to ongoing professional education. - Strong professional judgment and integrity. - Excellent analytical and reporting capability. - Ability to influence senior stakeholders. - High resilience, discretion, and execution focus.