Assistant Vice President - Risk Management - NBFC - CA/IIM/ISB/MDI/FMS

- Our client is a leading private Non-Banking Financial Company (NBFC) specializing in B2B lending.

- They are looking for an experienced Assistant Vice President (AVP) - Risk Management to ensure the financial stability of the organization through sound risk management practices.

- This position plays a pivotal role in overseeing risk portfolios, ensuring regulatory compliance, and implementing risk mitigation strategies.

Key Responsibilities:

- Conduct thorough credit risk audits to assess the creditworthiness of borrowers.

- Assign appropriate credit ratings to borrowers based on financial data and risk profiles.

- Regularly monitor and manage the risk associated with the lending portfolio to minimize credit exposure.

- Prepare and present Asset Liability mismatch and interest rate sensitivity statements for effective risk evaluation.

- Actively participate in Asset-Liability Committee (ALCO) meetings to discuss strategies and recommendations for optimizing liquidity and interest rate risks.

- Ensure adherence to RBI guidelines and reporting standards.

- Maintain compliance with all regulatory requirements, including timely submissions of reports and documentation.

- Develop, implement, and continuously improve the company's Integrated Risk Management Policy.

- Formulate and enforce Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to ensure compliance with legal and regulatory frameworks.

- Identify, assess, and prioritize potential risks (operational, financial, market, credit, and liquidity) to mitigate their impact on the organization.

- Design and implement risk management frameworks to address identified risks, ensuring they are well-integrated across business units.

- Collaborate with internal teams, including Finance, Compliance, Operations, and Audit, to strengthen the company's overall risk management infrastructure.

- Present risk findings and recommendations to senior management and the Board of Directors, facilitating informed decision-making.

Educational Background:

- MBA or Chartered Accountant (CA) from a premier institute.

- A minimum of 10 years of experience in risk management, preferably with a prominent NBFC.

- Expertise in managing credit risk, ALM, and regulatory compliance.

- Exceptional ability to analyze complex financial data, identify trends, and make data-driven decisions.

- Strong knowledge of risk management principles, methodologies, and best practices, particularly within the lending domain.

- Thorough understanding of RBI guidelines and other relevant regulatory requirements.

- Excellent communication and interpersonal skills, with the ability to work collaboratively with senior management and external -stakeholders