Manager, Business Integrity & Corporate Governance – ITS (Mumbai or Bangalore)

About BII

British International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential. 

It won’t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people. 

In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.

BII at a glance

75 years supporting sustainable business growth in developing and emerging markets

£8.1 billion in net assets

1,400+ businesses invested in

950,000 workers in the businesses we support

£9 billion in new investments planned in the next 5 years

600+ people in our diverse global team

3 key development objectives: Productive | Sustainable | Inclusive

Team and role overview

BII’s Business Integrity and Corporate Governance (BI & CG) team plays an important role in reinforcing BII’s reputation as a responsible investor and ensuring BII meets its regulatory commitments with respect to the UK’s Financial Conduct Authority.

We do this as a first-line function by identifying and managing integrity (including financial crime) risks in BII’s investment pipeline and portfolio and working to enhance private sector corporate governance and integrity/ risk management standards at our investees and in our target geographies.

We believe that BI & CG risk management that is aligned with best practice can have a developmental effect by enhancing a company’s reputation, improving internal controls, and ultimately helping it seek commercial backing. Robust business integrity practices help mitigate reputational, operational and compliance risks, and protect companies from the large fines and prosecution that can result from unethical behaviour. Our work is critical to safeguarding BII's reputation, meeting the BII Board's low risk appetite for integrity issues and meeting our shareholder's expectations. 

Purpose

The Business Integrity Manager will lead the identification, assessment, mitigation and management of BI and CG risks and opportunities across pipeline and portfolio investments, with a focus on South Asia-based deals in the Industries, Technology, and Services (ITS) sectors. As a member of the BI&CG leadership team, they will be expected to demonstrate strong risk judgement, making decisions on how to manage integrity risks in line with BII’s Business Integrity Risk Appetite. Whilst this role is based in India, the requirement is to oversee BI&CG work on pipeline and portfolio across the Asia region.

The candidate should be able to clearly articulate complex business integrity and corporate governance risks to internal and external stakeholders; demonstrate understanding of BII’s Policy on Responsible Investing and financial crime regulatory compliance responsibilities; and proactively engage with investees to strengthen their capacity to mitigate operational integrity risks and improve their corporate governance. The Manager will also have team and people management and risk reporting responsibilities.

The Manager role will require oversight of our portfolio monitoring of investments in Asia, including supporting BI capacity building at the investee level. Relationship management with Investment Product teams and directors, and other critical stakeholders at investees will also be key to promoting a strong culture of Business Integrity at BII and in its portfolio.

Responsibilities

Investments (Pipeline and Portfolio)

• Oversee and manage complex due diligence and portfolio management processes in BII’s Asian pipeline and portfolio, demonstrating robust understanding of different business models and their implications for BI risk management;
• Coordinate with internal and external stakeholders on complex or high-risk investments, clearly articulating risk to BII and mitigation options; provide consistent advice to BI colleagues in BII’s Asia regional offices on their assessment of a range of business integrity risks or issues;
• Develop and advise on proportionate, creative and fit-for-purpose remedial action plans and clearly communicate these to investees and internal stakeholders;
• Work directly with investees across products and sectors to strengthen corporate governance and business integrity controls, including through bespoke training; be willing to travel to meet with investees in India and South Asia region;
• Measure and evaluate risk within our investments, and judge appropriate interventions (e.g. technical assistance and training) as well as how to feed findings back into decision-making;
• Manage complex or sensitive situations and develop strategies or approaches that are practicable and solutions-oriented, making proportionate and risk-based decisions, with strong awareness of when and how to work with other functions (such as Compliance, Legal, Risk, and Communications);
• Contribute to quality assurance activities, reviewing input to investment committee papers and providing structured feedback to other team members;
• Support quarterly and monthly reporting processes by coordinating inputs related to the Asia portfolio, ensuring timely submission, clearly communicating risk trends, and overseeing BI incident reporting where required.

People management 

• Take responsibility for line management of members of the BI-ITS and Analyst teams, scheduling bi-weekly 1-1s with direct reports, and fulfilling BII expectations regarding line management (including regular feedback and enabling career development).

BI issues management 

• Gather, review and analyse information and data to help prioritise resourcing and shape approaches to risk management across the portfolio;
• Communicate clearly and advise colleagues on BII’s responsible investing and regulatory hardlines for reporting and escalation, and their application in different scenarios;
• Articulate and document lessons learned from BI issues management, including for team training and awareness.

Corporate objectives

• Foster strong and effective relationships across BII, including with investment and impact teams within BII’s Asian offices;
• Build and maintain a network of external contacts/stakeholders in India, and more widely in Asia, relevant to enhancing the BI team’s knowledge, effectiveness, and impact.

The candidate

Essential skills

• Demonstrated expertise in proactively managing business integrity risk and corporate governance frameworks, and ability to advise in highly complex or ambiguous situations, and develop appropriate measures/controls to manage and monitor risks;
• Robust knowledge of legal and regulatory frameworks governing BII’s BI activities and their application in diverse contexts; able to advise deal team on their application; able to coordinate key stakeholders (senior management, Compliance, Legal, etc.) as part of BII’s financial crime risk management approach;
• Familiarity with typical business integrity risks and risk drivers in India/South Asia, including specific to ITS sectors;
• Able to build BII thought leadership and drive inputs to India/Asia and sector strategies to ensure BI risks and dynamics are thoroughly understood and mitigated;
• Understands the DFI and broader investment ecosystem in South Asia, including variance in risk appetite and risk management approaches, and the specific risk profile of BII as a publicly funded organisation investing in the private sector;
• Ability to work on transactional and non-transactional initiatives, showing dynamism, effective time management, rigorous approach to delivery and knowledge management, and a collaborative approach to working with colleagues;
• Knowledge and/or the ability to source knowledge of the sectoral and country context for BII investments, including typical business models or practices and the overlaying BI risks, as well as workings of the political economy in terms of government interactions and institutional oversight. Ability to contextualise and balance risk assessment effectively in this South Asia regional context.

Desirable skills

• Developing and implementing financial crime compliance policies and procedures for both internal and external clients;
• Conducting and managing investigations of financial crime matters including fraud or sanctions issues;
• Developing anti-corruption solutions and/or implementation of adequate procedures in line with compliance with the UK Bribery Act;
• Competency in one or more languages relevant to BII’s Asian geographies.

Personal and professional competencies

The successful candidate is likely to have several of the following attributes:

• Systematic approach to work with a keen attention to detail;
• Proactive and clear ability to look and plan ahead;
• Demonstrated ability to independently manage and prioritise a busy and diverse workload with a range of deliverables for a variety of stakeholders;
• Confident and articulate, with excellent written and verbal communication skills;
• Strong team player who enjoys working as part of a multi-cultural, close team and willing to collaborate and support the team on a variety of different initiatives and tasks;
• Candidates should be strongly motivated by BII’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.
• Ability to travel, to meet investees in India and wider Asia Region, sometimes at shorter notice, as well as pre-planned visits to London HQ

Our cultural values

We look for team members who aspire, as we do, to work at our best and to be:

• Impact-led, commercially rigorous
• Tenacious in the face of challenges
• Collaborative and caring

British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background. 

Please provide a cover letter with your application

Salary: Competitive