Chief Risk Officer

As the Chief Risk Officer in Gurgaon, your role will involve the following key responsibilities: - Define and lead the Enterprise Risk Management (ERM) Framework encompassing strategic, financial, operational, compliance, fraud, and cyber risks. - Establish and maintain risk appetite and tolerance levels in accordance with Board directives and regulatory expectations. - Serve as Secretary to the Boards Risk & Audit Committees, presenting dashboards, emerging risks, and actionable insights. - Strengthen onboarding controls such as KYC/KYB, merchant underwriting, and synthetic ID detection. - Implement advanced transaction monitoring tools like rules engines, velocity limits, device fingerprinting, behavioural analytics, and anomaly detection. - Oversee disputes, chargebacks, and merchant fraud, driving root-cause fixes and recovery strategies. - Ensure a balance between secure yet frictionless journeys for customers and merchants. - Lead fraud risk management initiatives across consumer and merchant channels. - Monitor emerging fraud patterns including UPI/social engineering scams, mule accounts, merchant collusion, synthetic identities, and phishing. - Ensure robust Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) programs including suspicious transaction monitoring, reporting, and engagement with Financial Intelligence Units (FIU). - Align fraud prevention strategies with global best practices and Reserve Bank of India (RBI) expectations. - Oversee credit risk controls related to digital lending and merchant credit lines. - Establish operational risk frameworks encompassing process risk, outsourcing/vendor risk, and business continuity. - Ensure full compliance with RBI Master Directions on KYC, PPI, BNPL, Digital Lending, data protection laws, and statutory reporting. - Oversee the deployment of fraud monitoring and risk management platforms such as Actimize, Falcon, SAS, Feedzai, and machine learning models. - Build predictive dashboards and Key Risk Indicators (KRIs) for early warning signals and reporting to the Board. Qualifications Required: - Previous experience in a senior risk management role in the financial services sector. - Strong understanding of regulatory requirements and best practices in risk management. - Excellent leadership, communication, and analytical skills. - Bachelor's or Master's degree in Finance, Risk Management, or a related field. (Note: The job description did not include any additional details about the company.),