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Position :- Manager Department- Risk Management Department Grade : Manager - Risk Management Vacancy Code: HWD/Vacancy/24-25/Risk/01 Job Location : Navi Mumbai/Mumbai (*) (*) However, candidate may be posted anywhere across India as per exigencies of the Corporation Eligibility Criteria : Only Indian citizens are eligible to apply Age Limit : Not exceeding 38 years as on 28-February-2025 Educational Qualification: Chartered Accountant / ICWA /MBA in Finance (2 year Full or Part time) Certifications in PMI risk management professional certification, Certified risk management professional (CRMP), Financial risk manager (FRM), Chartered enterprise risk analyst (CERA), Certified risk manager (CRM), Professional risk manager (PRM) will be preferred Experience: Minimum 9+ years of post-qualification experience with minimum 5 year in Risk management profile of companies in Capital market / financial sector and exposure to analytics being an added preference. Please note that only online application on Career page of Stock Holding Corporation of India Ltd. will be considered (www.stockholding.com) Last Date for Submission of Application is 16th April, 2025 Key Responsibilities: Risk Identification: Proactively identify potential risks across all aspects of the organization, including operational, financial, legal, reputational, and strategic risks. Risk Assessment: Analyze the likelihood and potential impact of identified risks to prioritize them based on severity. Risk Mitigation Strategies: Develop and implement effective risk mitigation plans including preventive measures, contingency plans, and risk transfer mechanisms (e.g., insurance). Risk Monitoring and Reporting: Continuously monitor risks and the effectiveness of mitigation strategies, providing regular reports to senior management on risk trends and key risk indicators. Policy Development: Establish and maintain comprehensive risk management policies and procedures to ensure consistent risk assessment and mitigation practices across the organization. Stakeholder Communication: Communicate risk information clearly to relevant stakeholders, including senior management, department heads, and employees, to promote risk awareness and ownership. Compliance Management: Ensure adherence to relevant industry regulations and compliance standards related to risk management. Business Continuity Planning: Contribute to the development and maintenance of business continuity plans to minimize disruption in case of major incidents Other Key Responsibility Areas: Review the risks arising from any new products, services, change in business environment or regulations and assist the Chief Risk Officer on the same. Preparation and periodic tracking of loss database and analysis from the same. Incident reporting and co-ordination for IMC meeting Quantitative analysis and Development of analytical methods / Analytics to help risk based audit Co-ordination with departments for preparation of documents required in RMCC, RMC & IMC meetings. Coordination with HO departments and Regions for preparation of BCP and flash cards Appointment of IFC consultant, Coordination with departments and timley completion of Internal Financial Control exercise, Comprehensive review of Risk control matrix Creating awareness about Risk Management among the employees , outsource staffs Ideal Candidate must have skills: Analytical Skills: Ability to analyze complex data and information to identify and assess potential risks. Problem-Solving Skills: Develop creative solutions to mitigate risks and address potential issues. Communication Skills: Effectively communicate risk information to diverse audiences at all levels of the organization. Leadership Skills: Influence stakeholders and build consensus on risk management strategies. Industry Knowledge: Understanding of BFSI industry-specific risks and regulatory requirements. Remuneration The remuneration will be offered based on candidates qualification, experience and overall suitability for the position up to an Annual CTC of Rs. 18 Lakhs per annum approximately which excludes Group Medical Insurance, Group Life Insurance and Group Accident Insurance. Selection Process The selection will be based on shortlisting of applications based on eligibility criteria, online test and interview. The candidate needs to qualify in each stage to be called for appearing interview before a panel. General Conditions The candidates are advised to go through the requirements of educational qualification, age, work experience, etc. and satisfy themselves that they are eligible before applying. StockHolding reserves the right to cancel the recruitment advertisement and /or the selection process at any stage without assigning reason thereof To ascertain eligibility, StockHolding may obtain additional information from the candidates. In case, it is detected at any stage of engagement process, that a candidate does not fulfil the eligibility norms and/or that he/she has furnished any incorrect/false information or has suppressed any material fact (s), his/her candidature will stand automatically cancelled. If any of the above shortcoming(s) is/are detected even after appointment, his/her services are liable to be terminated without notice. Appointment in the Corporation is subject to candidate being found medically fit by the Corporations notified medical practitioners. Candidate will be required to undergo pre- recruitment medical examination as a part of recruitment process upon selection. Only specific query while applying for the positions may be addressed to hwd@stockholding.com and resume will not be accepted through E-mail.
