Roles & Responsibilities: Risk Strategy and framework: - Develop and implement a comprehensive risk management strategy, framework, and policies to safeguard the company against financial, operational, compliance, and reputational risks. - Lead the establishment and continuous improvement of the company's risk appetite, tolerance levels, and key risk indicators (KRIs) aligned with business objectives. - Identify and assess operational risks associated with technology, systems, processes, and people. - Collaborate Cross-Functional Teams to implement cybersecurity risk management strategies and ensure data privacy and protection. - Establish incident management and disaster recovery plans to handle operational disruptions. - Monitor the Risk Appetite Framework of the company, and suitably put implementation plan for the execution of the same Credit risk management: - Oversee the company's credit risk policies, including underwriting criteria, credit scoring models, and loan loss reserves. - Monitor and assess emerging risks across business functions, including operational, financial, regulatory, and reputational risks. - Lead initiatives to enhance risk identification, reporting, and mitigation processes. - Ensure robust credit risk assessment and monitoring systems to assess customer creditworthiness and mitigate potential defaults or fraud risks. - Monitor portfolio performance and implement strategies to manage delinquency and charge-offs. Enterprise Risk Management Framework: - Ensure the formulation and implementation of a comprehensive Enterprise Risk Management framework - Develop risk-related guardrails dovetailing into the Board approved Risk appetite framework, and ensure adherence to industry standards, regulatory guidelines, and best practices. Risk Reporting and Analytics: - Oversee the preparation and presentation of risk management reports for senior management, the board of directors, and regulatory bodies. - Provide data-driven insights on key risk indicators (KRIs) and recommend actions to mitigate risks. - Collaborate with data analytics teams to enhance risk modelling and scenario analysis. - Management of IFRS9 , IND-AS compliant Expected Credit Loss Framework Regulatory Compliance: - Oversee the establishment and maintenance of policies and guidelines for the development, deployment, and management of all digital products/services - Liaise with regulatory authorities, auditors, and other stakeholders on risk-related matters. - Ensure compliance of all regulatory/ statutory guidelines related to digital products/ service and sending statements to all regulatory/ statutory bodies Leadership and stakeholder Management: - Lead and mentor the risk management team, fostering skill development and a high-performance culture. - Work closely with internal departments (finance, operations, legal, etc.) to ensure a coordinated approach to managing risks. - Build strong relationships with external stakeholders, including regulators, auditors, and industry peers. Applicants should possess the following attributes: - Strategic Thinking: Ability to anticipate risks and align risk management strategies with the organization's long-term objectives. - Leadership: Strong leadership skills to manage a diverse team and influence cross-functional stakeholders in implementing risk frameworks. - Analytical Expertise: High-level analytical capabilities to assess complex risk scenarios, conduct thorough analysis, and derive actionable insights. - Regulatory Knowledge: Deep understanding of industry regulations and risk management best practices to ensure compliance and effective governance. - Decision-Making: Strong, data-driven decision-making skills to manage crisis situations and recommend sound risk mitigation strategies.

Mumbai

Chief Risk Officer - FinTech 

Job Description for Chief Risk Officer - FinTech   in  Mumbai for (16-30) years of experience. Apply Now!