Chief Risk Officer

The CRO is an executive leadership role responsible for designing and implementing a robust risk management structure compliant with Central Bank / RBI regulations, Basel III, ICAAP, and international best practices, while supporting sustainable growth of a digital-first Neo Bank.

Key Responsibilities

Enterprise & Credit Risk:

- Own overall loan portfolio quality, including asset classification, provisions, and portfolio performance

- Implement strong risk reporting to CEO, Management Committee, and Senior Management

- Early identification of warning signals and timely corrective actions to minimize credit losses

- Develop, review, and approve credit structures, products, and transactions within risk policies

- Periodic review and enhancement of credit policies, underwriting standards, and approval frameworks

- Approve credits within delegated lending authority

- Conduct portfolio reviews, stress testing, and identify weak credits with remedial action plans

- Own CRAR, ICAAP, and periodic stress testing

- Lead IFRS 9 impairment calculations

- Manage regulatory exposure norms: Single & Group Borrower, Sectoral limits, PSL, Country/Bank limits

- Build and embed a strong credit risk culture across Relationship Managers

- Make customer calls where required to assess borrower risk

Risk Analytics:

- Develop and govern credit risk models, scorecards, and rating frameworks for branch and digital lending

- Portfolio analytics, early warning systems, stress testing, and scenario analysis

- Partner with business teams on credit cost, economic capital, and economic profit analytics

- Use data-driven insights to support risk-based decision-making

Operational Risk:

- Establish and oversee the Operational Risk framework for the Bank

- Facilitate enterprise-wide risk assessments and RCSA

- Define control standards, accountability, and transaction processing stability

- Validate RCSA, administer error/loss logs, and align outputs for operational risk computation

Market Risk:

- Establish and operationalize the Market Risk function in line with regulatory requirements

- Define Middle and Back Office segregation

- Implement market risk measurement and monitoring systems

- Monitor limits including AGL, IGL, NOOP, VaR

Liquidity & ALM Risk:

- Monitor liquidity risk as per Basel III / RBI guidelines

- Ensure compliance with LCR, liquidity risk monitoring tools, and disclosure standards

- Enforce strict adherence to ALM guidelines

Candidate Profile?

- 20+ years of experience in Banking / Financial Services Risk

- Strong exposure to Neo Bank / Digital Lending / Analytics-led risk frameworks

- Deep understanding of regulatory compliance and risk governance

- Strategic leader with hands-on execution capability