Seeking Chief Risk Officer for a Bank based in Mumbai. Job Purpose: - Manage the overall Risk Management functions of the bank addressing Credit, Market, Operational,wholesale, legal and reputation risks. Devise and implement a risk management structure, compliant with central bank regulations, requirements and international best practice. Key Result Areas: - Optimise the existing Risk Management system, regularly create and evaluate the Bank's risk control data model, using external, industry and internal data, and the Bank's risk control system - Responsible for developing Risk Management framework to assess the impacts of risk on capital adequacy, profitability, asset quality and other risk indicators - Formulate and articulate a comprehensive Credit Risk, Treasury-related Risk, Operational Risk, Market Risk, Liquidity Risk and IT Risk policies in accordance with Head Office &amp; regulatory guidelines - Implement the risk control system across various functional departments, including risk policy, credit review, anti-money laundering, data modelling and collection, to ensure the efficient operation of various departments - Establish fraud risk warning model and monitoring system, and quantitative analysis of risk data - Manage on-going risk quantification, assessment, monitoring and reporting programmes across the Bank - Responsible for stress testing, information sharing, clarification of rules &amp; regulations, request of advice, reporting of incidences of risk and other risk-related compliance requirements - Assist Senior Management and Board of Directors in understanding risk, its measurement and control methodology; and provide support to the Board in its oversight of risk through regular reports - Effectively interact with the leadership at the Bank, the Board and Group CRO as required and actively collaborate with teams - Represent the Bank in front of regulators, legislators and other key constituents - Actively participate in Assets and Liabilities Committee (ALCO) of the Bank and provide critical input to help drive decision-making on the optimal level of Risk Return trade-offs on transactions, products and business segments Knowledge, Skills, and Experience: - University Graduate with Masters Qualifications. - Professional qualification in business / commerce / economics / law. - Professional qualification such as ACA, ACCA, CPA and/or CISA - Knowledge and understanding of bank's business, domestic and international market, global trends and regulatory guidelines (like Basel III and IFRS9) - High degree of credit skills (credit, analytical, judgmental) and geographic locations. - Ability to conduct reviews and development of policies and procedures, and align them with best practices and RBI guidelines, - IGAAP, IFRS, the Banking Act, Basel rules and other statutes - Excellent written / verbal communication skills. - Sound knowledge of local banking law / practice and products / services, especially in the area of international payment, trade finance &amp; treasury. Knowledge of trade finance with reference to documentation and structuring. Knowledge of Corporate Banking with reference to risk monitoring.

Mumbai

Chief Risk Officer - Bank 

Chief Risk Officer - Bank  ,Job Description for Chief Risk Officer - Bank  in ABC Consultants in  Mumbai for (14-25) years of experience. Apply Now!

Job Description for Chief Risk Officer - Bank  in ABC Consultants in  Mumbai for (14-25) years of experience. Apply Now!