Associate Director/Director - Risk

JD - Risk

Incumbent will lead the development and implementation of the companys risk management strategy across credit, operational, and regulatory domains. This role demands a strategic mindset,strong analytical skills,and a deep understanding of the NBFC and Banking sector and regulatory landscape in India. The ideal candidate will be an experienced risk management leader, capable of managing and mitigating risks in alignment with the companys growth objectives, regulatory requirements and customer impact.

Roles and responsibilities:

- Evolve and implement a comprehensive risk management framework that aligns with business goals, regulatory requirements, and market conditions.

- Actively oversee risk identifi cation, assessment, and mitigation strategies across credit, operational and compliance risks through policies and frameworks

- Monitor emerging credit risks (e.g., identity fraud) and recommend proactive measures.

- Ensure effective and continuous portfolio monitoring, stress testing, and expected credit loss forecasting and manage potential default risks.

- Leverage data analytics, AI, and machine learning tools to enhance data insights for risk control, provide inputs to improve risk modeling, fraud detection, and early- warning systems.

- Prepare and present regular risk reports to senior management and the board, providing insights into portfolio performance, emerging risks,and key risk indicators.

- Foster a risk-aware culture across the organization through training and risk management education for employees and other stakeholders.

Who you need to be?

- Masters degree in fi nance, economics, risk management, or a related fi eld.

- Minimum of 10 years of experience in risk management, ideally in the NBFC, banking, or fi nancial services sector, with at least 3 years in a leadership role.

- Strong knowledge of credit and fi nancial risk, operational risk in the context of an NBFC; familiarity with RBI regulations.

- Sectoral understanding of fi nancial institutions and strong ability to interpret fi nancial trends.

- Profi ciency in risk management and data analytics tools, ideally including Python and SQL will be an added advantage

- Demonstrated resilience strong runs with companies and experience in effi cient risk management while taking businesses to scale.