Chief Risk Officer

Job Title: Chief Risk Officer (CRO)

Location: [Satara]

Department: Risk Management / Compliance

Job Summary

The Chief Risk Officer (CRO) is a senior executive responsible for identifying, assessing, monitoring, and mitigating risks across the organization. The CRO develops risk management frameworks, policies, and strategies to protect the organization’s assets, reputation, and operational stability. The CRO ensures that all risk-related activities comply with legal and regulatory requirements while supporting business objectives.

Key Responsibilities1. Risk Management Strategy

• Develop and implement enterprise-wide risk management strategies aligned with business goals.
• Identify, assess, and quantify financial, operational, strategic, and reputational risks.
• Establish risk appetite and tolerance levels in consultation with the board and executive team.

2. Compliance & Governance

• Ensure compliance with regulatory requirements, industry standards, and internal policies.
• Monitor changes in the regulatory environment and assess their impact on the organization.
• Report risk exposure and compliance metrics to the CEO and board regularly.

3. Risk Assessment & Monitoring

• Conduct risk assessments, audits, and scenario analysis across business units.
• Implement systems and tools for risk monitoring, reporting, and mitigation.
• Track key risk indicators (KRIs) and escalate significant risks promptly.

4. Operational & Strategic Risk Oversight

• Identify risks associated with new products, services, or market entry.
• Evaluate operational processes and propose improvements to mitigate risk exposure.
• Collaborate with business units to embed risk management into strategic decisions.

5. Leadership & Team Management

• Lead, mentor, and develop the risk management and compliance team.
• Promote a culture of risk awareness and accountability across the organization.
• Coordinate with internal audit, finance, legal, and IT teams to ensure comprehensive risk coverage.

6. Vendor & Stakeholder Management

• Manage relationships with external auditors, regulators, and risk consultants.
• Review and oversee contracts, insurance coverage, and third-party risk assessments.
• Serve as a key advisor to the executive team and board on risk-related matters.

Qualifications & Skills Education:

• Bachelor’s or Master’s degree in Finance, Economics, Risk Management, Business Administration, or related field.
• Professional certifications such as FRM, PRM, or CFA preferred.

Experience:

• Minimum 7-9 years of experience in risk management, compliance, or related fields.
• Proven track record in enterprise risk management, regulatory compliance, and strategic risk planning.

Core Skills:

• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication and stakeholder management skills.
• In-depth knowledge of regulatory requirements, risk frameworks, and industry standards.
• Leadership ability to drive cross-functional risk initiatives and manage high-performing teams.

Job Type: Full-time

Pay: ₹50,000.00 - ₹66,666.00 per month

Benefits:

• Health insurance
• Provident Fund

Work Location: In person