Chief Risk Officer - Asset Management Firm

Chief Risk Officer - Asset Management Firm

Roles :

- Establishing an organisation wide risk conscious culture.

- Formulate and implement structured reporting process for risk monitoring

- Responsible for overall risk management related activities of the AMC and Mutual Fund Schemes

- Responsible for implementation and governance of RMF across the AMC and the Mutual Fund Schemes

Responsibilities :

- Ensure all risk-related policies are defined, reviewed, and updated periodically and placed at the relevant risk management committee for approval.

- Perform periodic review and update the ERMF defined by the AMC and place the same to the RMCs for the approval.

- Formulate and recommend changes to roles and responsibilities including KRAs relating to risk management activities and place these at the RMCs for approval.

- Periodically review the DoP covering daily risk management, risk reporting and corrective actions at the level of Fund manager, CIO and CEO

- Review and suggest changes to the risk appetite and risk metrics for the AMC and scheme as defined by the CEO

- Ensure formulation and implementation of adequate mechanism for risk parameters at credit and fraud risk strategies and reporting framework on the same

- Review and report the ERMC and Board Risk Committee of AMC and Trustee

- Independently assess reporting of risks to various committees and the management

- Report outcomes of the risk management function to the CEO at least once a month.

- Define process to assess the control against identified risk(RCSA, Stress Testing)

- Identify, assess and estimate emerging risks and their possible impact on the AMC and mutual fund schemes

- Report existing and emerging risks associated with the MF and the AMC activities in a structured manner to the Risk Management Committee of Board of AMC and Trustee