Chief Risk Officer (NBFC)

About the Company:

A leading NBFC in India, offering easy and flexible retail financing solutions like two-wheeler and personal loans. Backed by a trusted parent group, it leverages technology to drive financial inclusion and empower aspirations.

Key Responsibilities:

Strategic Risk Leadership

· Define and implement the enterprise-wide risk management framework, aligning with business strategy and growth objectives.

· Lead the design and execution of the organization’s Risk Appetite Framework, ensuring it reflects strategic priorities.

· Act as the primary interface with the RBI and other regulators on all risk-related engagements.

Credit Risk

· Oversee credit policy, underwriting standards, and portfolio monitoring for retail and consumer lending products, ensuring robust governance and portfolio health.

· Establish differentiated, segment-specific credit frameworks to balance growth and risk.

· Strengthen early warning systems and portfolio quality controls for proactive risk identification.

· Review and analyse portfolio trends to detect deterioration in portfolio quality

Operational Risk

· Enhance operational resilience by strengthening controls across disbursement, collections, fraud prevention, and cyber risk.

· Drive adoption of automation, data-led controls, and audit readiness across all business lines.

Market & Liquidity Risk

· Support the assessment and management of ALM, interest rate risk, and liquidity, partnering closely with Treasury and Finance.

· Partner with Treasury and Finance to ensure prudent capital, liquidity, and balance sheet management.

Regulatory Compliance & Governance

· Anticipate and interpret RBI guidelines (including scale-based regulations) to ensure proactive compliance.

· Oversee all risk-related regulatory reporting, board disclosures, and governance frameworks.

· Deliver clear risk dashboards and insights to the Board Risk Committee and senior stakeholders.

· Collaborate with business and functional leaders to monitor and drive progress on risk mitigation initiatives.

· Demonstrate high standards of integrity, accountability, and professional discipline.

· Design, implement, and uphold robust corporate governance policies and practices

Candidate Profile

· Education: Chartered Accountant (CA)

· Minimum 10 years of experience

· Deep understanding of the Indian financial regulatory landscape

· Strong experience in working with Risk Committees and Boards.