Senior Manager - Risk Management

As a Senior Manager Risk, you will be responsible for leading the development and implementation of the company's risk management strategy across credit, operational, and regulatory domains. You must possess a strategic mindset, strong analytical skills, and a deep understanding of the NBFC sector and regulatory landscape in India to effectively manage and mitigate risks in alignment with growth objectives, regulatory requirements, and shareholder values. - **Risk Strategy & Framework Development**: - Evolve and implement a comprehensive risk management framework aligned with business goals, regulatory requirements, and market conditions. - Oversee risk identification, assessment, and mitigation strategies for major risk types including credit, market, operational, and compliance risks. - Ensure policies and frameworks are regularly updated to control a broad spectrum of risks. - Monitor emerging credit risks and recommend proactive measures. - **Credit Risk Management**: - Manage risk for the retail and wholesale portfolio, including organization-level credit risk policies and procedures. - Develop robust risk assessment tools for lending products offered to diverse customer segments in India. - Evaluate business practices from a risk lens and ensure effective portfolio monitoring and forecasting. - **Operational and Regulatory Compliance for credit**: - Ensure compliance with regulatory reporting guidelines issued by RBI and other authorities. - Organize audits and lead initiatives to improve compliance culture. - Ensure credit risk management controls and processes are effective. - **Data-Driven Risk Management**: - Leverage data analytics and machine learning tools to enhance data insights for risk control. - Implement advanced data-driven strategies for accurate risk assessment and mitigation. - Collaborate with business partners to address emerging business issues. - **Risk Reporting & Stakeholder Communication**: - Prepare and present regular risk reports to senior management and the board. - Foster a risk-aware culture through training and education for employees and stakeholders. - **Leadership & Team Development**: - Lead and mentor a high-performing risk management team. - Engage with cross-functional teams to ensure alignment of risk strategies with business goals. **Skills and Requirements**: - Master's degree in finance, economics, risk management, or related field. - 6 to 10 years of experience in risk management, ideally in the NBFC sector, with 3 years in a leadership role. - Strong knowledge of credit risk, market risk, and operational risk in an NBFC context. - Proficiency in risk management and data analytics tools, including Python and SQL. - Advanced analytical skills in risk modeling, portfolio analysis, and forecasting. - Demonstrated resilience and ability to work in a fast-paced dynamic environment. (Note: Additional details about the company were not present in the provided job description.),