Risk Manager

Position Name - Risk Manager

Location - Worli, Mumbai

Experience Range - 7-10 yrs

Mandatory Requirement:

• 7 - 10 years of experience in risk management, preferably within an investment management or financial services organization.
• Responsible for identifying, assessing, and mitigating market, credit, operational, liquidity, and regulatory risks by implementing risk strategies, supporting risk projects, ensuring portfolio risk integration, and flagging outliers for corrective action

Job Roles and Responsibilities:

Support the Chief Risk Officer in:

Risk Identification and Assessment

• Analyze potential risks including market, credit, operational, liquidity, and regulatory risks.
• Evaluate investment portfolios to assess exposure to various risk factors.

Risk Mitigation

• Implement risk mitigation strategies and support in implementation of risk limits in systems.
• Support in implementation of various Risk Projects.
• Collaborate with the investment team to ensure risk considerations are incorporated into portfolio decisions.
• Implement solutions to ensure the investment of the model portfolios for the individual clients is effective and outliers are flagged for review and action to be taken.

Change Management

• Contribute and support the CRO in review of new products, processes, and activities.

Investment Regulatory Compliance

• Ensure that all risk management activities adhere to relevant regulations and internal policies.
• Review the evolving regulatory changes and implement the same as appropriate.

Risk Monitoring and Reporting

• Prepare detailed risk reports for senior management, providing actionable insights and recommendations.
• Develop risk models and stress-testing scenarios to measure potential impacts on the portfolio.
• Continuously monitor market conditions, investment trends, and risk exposures.

Operational Risk and Internal Audit

• Support the Chief Risk Officer in Operational Risk and Internal Audit engagements.

Qualification and Experience:

• Bachelor’s degree in Finance, Economics, Mathematics, or a related field (Master’s degree or professional certifications such as FRM, CFA is a plus).
• 7–10 years of experience in risk management, preferably within an investment management or financial services organization.
• Candidates with an Investments / Analytics background are suitable.
• Prior experience in Wealth Management, Mutual Funds, PMS, or Alternate Investments is preferred.

Other Details:

• Strong analytical skills, with experience in using risk models, quantitative analysis, and stress testing.
• Excellent communication skills with the ability to convey complex risk information clearly to non-technical stakeholders.
• Proficiency in risk management software and tools such as Bloomberg, FACTSET, Barra, etc.
• Computer proficiency in MS Word and Excel.
• Strong presentation skills.
• Report writing and documentation capabilities.
• Sound knowledge of key regulations: SEBI – Wealth Managers, RIA, Mutual Funds, etc.
• Understanding of the regulatory landscape applicable to both WMC and AMC in India is desirable.
• Ability to demonstrate understanding of investment markets and ex-ante portfolio risk management techniques, to be an effective risk manager for multi-asset portfolio solutions.
• Prior experience interacting with SEBI on risk management topics is an added advantage.