Chief Risk Officer

As the Lead Risk at the company, you will be responsible for various key tasks related to risk management. Your primary duties will include preparing the credit and risk policy framework, ensuring compliance with statutory norms, conducting risk analytics, and managing regulatory and audit compliance. You will also be expected to present monthly risk updates to the Risk Oversight Committee. Your role will involve designing policies, procedures, and processes to mitigate risks associated with the company's operations and product offerings. You will need to monitor the portfolio across various products at both macro and micro levels, reporting to top management and identifying exceptions. Establishing robust monitoring mechanisms such as Early Warning Signals and Risk Containment units will be essential. Timely and accurate reporting of information to relevant stakeholders, including top management, regulators, and rating agencies, will be a critical part of your responsibilities. You will need to identify known and emerging risks, measure, monitor, and report on the company's risk profile to the Executive Leadership Team. Evaluating finance proposals using risk analytics and key policy-making will also fall under your purview. Collaboration with business teams to ensure proper formulation, fitment, structuring, pricing, and execution of transactions based on client requirements and regulatory frameworks will be necessary. Staying informed about regulatory and economic developments in the sector and spreading knowledge within the organization systematically will be crucial. Finally, as the Lead Risk, you will be accountable for finalizing policies and establishing processes for quality underwriting. Your role will involve setting up a system for sourcing transactions aligned with the company's credit lending philosophy and ensuring adherence to regulatory standards throughout the lending process.,