VP/AVP - Risk Management

Job Description

Key highlights of the role are listed below (purely indicative and not limiting): Risk Strategy and Framework: Lead the establishment and continuous improvement of the company's risk appetite, tolerance levels, and key risk indicators (KRIs) aligned with business objectives. Identify and assess operational risks associated with technology, systems, processes, and people. Collaborate Cross-Functional Teams to implement cybersecurity risk management strategies and ensure data privacy and protection. Establish incident management and disaster recovery plans to handle operational disruptions. Credit Risk Management: Create a robust credit risk assessment and monitoring systems to assess customer creditworthiness and mitigate potential defaults or fraud risks. Lead portfolio performance and implement strategies to manage delinquency and charge-offs Risk Identification & Assessment: Lead risk identification, assessment, and measurement processes across all business units, ensuring the accurate identification of potential risks. Risk Mitigation & Control: Develop and implement strategies to mitigate identified risks, working with business leaders to ensure proper controls are in place Regulatory & Compliance Oversight: Ensure compliance with local and international regulations, including RBI guidelines, SEBI, and other relevant statutory bodies. Reporting & Communication: Provide regular risk reports to senior leadership, highlighting key risk exposures and mitigation strategies. Work cross-functionally to maintain governance and integrate risk management across departments. Crisis Management & Business Continuity: Lead the development and maintenance of a comprehensive business continuity and crisis management plan Team Leadership & Development: Build, lead, and mentor a high-performing risk management team, ensuring continuous development and effective collaboration Applicants should possess the following attributes: Strategic Thinking: Ability to anticipate risks and align risk management strategies with the organization's long-term objectives. Leadership: Strong leadership skills to manage a diverse team and influence cross-functional stakeholders in implementing risk frameworks. Analytical Expertise: High-level analytical capabilities to assess complex risk scenarios, conduct thorough analysis, and derive actionable insights. Regulatory Knowledge: Deep understanding of industry regulations and risk management best practices to ensure compliance and effective governance. Decision-Making: Strong, data-driven decision-making skills to manage crisis situations and recommend sound risk mitigation strategies