Job
Description
Key highlights of the role are listed below (purely indicative and not limiting): Risk Strategy and framework: Develop and implement a comprehensive risk management strategy, framework, and policies to safeguard the company against financial, operational, compliance, and reputational risks. Lead the establishment and continuous improvement of the company's risk appetite, tolerance levels, and key risk indicators (KRIs) aligned with business objectives. Identify and assess operational risks associated with technology, systems, processes, and people. Collaborate Cross-Functional Teams to implement cybersecurity risk management strategies and ensure data privacy and protection. Establish incident management and disaster recovery plans to handle operational disruptions. Monitor the Risk Appetite Framework of the company, and suitably put implementation plan for the execution of the same Credit risk management: Oversee the companys credit risk policies, including underwriting criteria, credit scoring models, and loan loss reserves. Monitor and assess emerging risks across business functions, including operational, financial, regulatory, and reputational risks. Lead initiatives to enhance risk identification, reporting, and mitigation processes. Ensure robust credit risk assessment and monitoring systems to assess customer creditworthiness and mitigate potential defaults or fraud risks. Monitor portfolio performance and implement strategies to manage delinquency and charge-offs. Enterprise Risk Management Framework: Ensure the formulation and implementation of a comprehensive Enterprise Risk Management framework Develop risk-related guardrails dovetailing into the Board approved Risk appetite framework, and ensure adherence to industry standards, regulatory guidelines, and best practices. Risk Reporting and Analytics: Oversee the preparation and presentation of risk management reports for senior management, the board of directors, and regulatory bodies. Provide data-driven insights on key risk indicators (KRIs) and recommend actions to mitigate risks. Collaborate with data analytics teams to enhance risk modelling and scenario analysis. Management of IFRS9 , IND-AS compliant Expected Credit Loss Framework Regulatory Compliance: Oversee the establishment and maintenance of policies and guidelines for the development, deployment, and management of all digital products/services Liaise with regulatory authorities, auditors, and other stakeholders on risk-related matters. Ensure compliance of all regulatory/ statutory guidelines related to digital products/ service and sending statements to all regulatory/ statutory bodies Leadership and stakeholder Management: Lead and mentor the risk management team, fostering skill development and a high-performance culture. Work closely with internal departments (finance, operations, legal, etc.) to ensure a coordinated approach to managing risks. Build strong relationships with external stakeholders, including regulators, auditors, and industry peers. Applicants should possess the following attributes: Strategic Thinking: Ability to anticipate risks and align risk management strategies with the organization's long-term objectives. Leadership: Strong leadership skills to manage a diverse team and influence crossfunctional stakeholders in implementing risk frameworks. Analytical Expertise: High-level analytical capabilities to assess complex risk scenarios, conduct thorough analysis, and derive actionable insights. Regulatory Knowledge: Deep understanding of industry regulations and risk management best practices to ensure compliance and effective governance. Decision-Making: Strong, data-driven decision-making skills to manage crisis situations and recommend sound risk mitigation strategies. Role & responsibilities Preferred candidate profile Perks and benefits
