Risk Officer - Asset Management

The Senior Risk Officer will lead and strengthen the AMC's risk management framework across investment, operational, market, credit, liquidity, and regulatory risks. The role involves strategic oversight, advanced analytics, and proactive engagement with business and investment teams to ensure that all risks are identified, measured, monitored, and mitigated effectively.

Exp: 10+ years

Job description:

Enterprise & Investment Risk Management

• Lead the

  Enterprise Risk Management (ERM)

  framework across all business lines mutual funds, PMS, and AIFs.
• Conduct

  portfolio risk assessments

  , including market, credit, liquidity, and concentration risk reviews.
• Develop and maintain

  risk matrices, KRIs, risk appetite statements

  , and

  scenario analysis

  for investment portfolios.
• Design and implement

  stress-testing and back-testing frameworks

  for investment and liquidity risk.
• Review new product proposals from a risk perspective and provide risk opinions to the Product Approval Committee.

2. Operational & Regulatory Risk

• Identify and assess operational risks across functions (investment operations, fund accounting, custody, RTA, IT, outsourcing, etc.).
• Implement a robust

  Operational Risk Event Reporting (ORER)

  and incident-tracking process.
• Ensure

  regulatory risk compliance

  with SEBI (MF / PMS / AIF), AMFI, and internal risk policies.
• Support

  Business Continuity Planning (BCP)

  and

  Disaster Recovery (DR)

  testing.

3. Governance & Reporting

• Prepare

  monthly and quarterly risk dashboards

  and reports for the

  Risk Management Committee

  ,

  Board

  , and

  CRO

  .
• Track

  limit breaches, risk exceptions

  , and ensure timely closure of mitigation actions.
• Coordinate with

  Internal Audit

  ,

  Compliance

  , and

  Investment Risk

  teams for cross-functional risk reviews.
• Support Board presentations and contribute to

  policy formulation and review cycles

  .

4. Data, Analytics & Risk Systems

• Drive adoption of

  risk analytics tools and dashboards

  (e.g., Power BI, Excel VBA, Python-based analytics preferred).
• Integrate

  quantitative risk measures

  into portfolio and operational monitoring (e.g., VaR, tracking error, stress metrics).
• Continuously improve automation, data accuracy, and timeliness of risk reporting.

5. Culture & Leadership

• Act as a

  risk business partner

  to investment, product, and operations heads enabling informed decision-making.
• Promote a

  risk-aware culture

  through workshops, training, and risk communications.
• Mentor junior analysts within the risk function.

Qualification:

• Postgraduate degree in

  Finance, Economics, Business Administration, or Commerce

  (MBA / PGDM preferred).
• Professional certifications such as

  FRM (GARP)

  ,

  CFA

  , or

  PRM

  highly desirable.
• Experience in a

  risk, compliance, or investment oversight

  role within an AMC, PMS, AIF, or large financial institution.