Vice President, Procurement Risk & Controls Lead Greater Mumbai, India Area

The Company is seeking a Vice President, Procurement Risk & Controls Lead to own and strengthen procurement risk management, controls, assurance, and governance. Responsibilities include leading the full risk and control self-assessment lifecycle, maintaining the procurement risk register, designing controls across sourcing and procure-to-pay activities, and overseeing control testing and issue remediation. The role also ensures procurement practices meet applicable regulatory, outsourcing, and third-party requirements; maintains audit-ready documentation; and provides risk and controls reporting to senior leaders. The successful candidate will manage a risk and controls analyst, foster a strong control culture, and collaborate with risk, compliance, audit, legal, finance, and procurement stakeholders. Candidates should have at least 18 years of operational risk experience in financial services or procurement and sourcing, with deep hands-on expertise in risk assessments, control design, testing, and issue management. They should understand regulatory expectations for third-party and outsourcing risk and be experienced in applying risk frameworks within procurement. Familiarity with process automation, analytics, and procure-to-pay platforms is valuable, alongside strong planning, communication, influencing, and problem-solving skills. A bachelor’s degree is required, preferably in finance, accounting, business, or engineering; a master’s degree and relevant risk or procurement certifications are preferred.

Hiring Company

M&G Investments