Chief Risk Officer

As the Chief Risk Officer, your role involves establishing an organization-wide risk-conscious culture and formulating structured reporting processes for risk monitoring. You will be responsible for overseeing all risk management activities of the AMC and Mutual Fund Schemes, as well as implementing and governing the Risk Management Framework (RMF) across the AMC and the schemes. Key Responsibilities: - Ensure all risk-related policies are defined, reviewed, and updated periodically, and present them to the relevant risk management committee for approval. - Periodically review and update the Enterprise Risk Management Framework (ERMF) defined by the AMC, and seek approval from the Risk Management Committees (RMCs). - Formulate and recommend changes to roles, responsibilities, and Key Result Areas (KRAs) related to risk management activities, and present them to the RMCs for approval. - Review the Daily Operating Procedures (DoP) covering risk management, reporting, and corrective actions at the levels of Fund Manager, Chief Investment Officer (CIO), and Chief Executive Officer (CEO). - Review and suggest changes to the risk appetite and risk metrics for the AMC and schemes as defined by the CEO. - Ensure the formulation and implementation of adequate mechanisms for risk parameters in credit and fraud risk strategies, as well as reporting frameworks. - Review and report to the Enterprise Risk Management Committee (ERMC) and Board Risk Committee of the AMC and Trustee. - Independently assess the reporting of risks to various committees and management. - Report the outcomes of the risk management function to the CEO at least once a month. - Define processes to assess controls against identified risks (Risk Control Self-Assessment (RCSA), Stress Testing). - Identify, assess, and estimate emerging risks and their potential impact on the AMC and mutual fund schemes. - Report existing and emerging risks associated with the Mutual Fund and AMC activities in a structured manner to the Risk Management Committee of the Board of AMC and Trustee. Qualifications Required: - Bachelor's degree in a relevant field (Preferred) - Minimum of 9 years of experience in a similar role Please note that this is a full-time position that requires in-person work.,