Chief Risk Officer - FinTech Vertical - NBFC Firm - Preference Diversity candidate Job Title : Chief Risk Officer Department : Risk Management Team : Reports to CEO Purpose of Job : - Ensuring the effective management and mitigation of risks associated with our operations, products, and services. - Responsible for developing and implementing a robust risk management framework, assessing potential risks, and providing strategic guidance to senior leadership to enhance decision-making processes Job Responsibilities : Financial / Portfolio Risk Management: - Develop and implement a comprehensive risk management framework and policies to identify, assess, monitor, and mitigate risks across the organization. - Conduct regular risk assessments to identify emerging risks, vulnerabilities, and potential gaps in existing risk management practices. - Oversee the design and implementation of risk control measures, including internal controls, risk mitigation strategies, and contingency plans. Compliance Risk Management: - Provide expert guidance and support to various business units, ensuring compliance with relevant regulations, laws, and industry best practices. - Collaborate with senior leadership to establish risk appetite and tolerance levels, ensuring alignment with business objectives and regulatory requirements. - Managing relationship with external stakeholders including regulators, auditors and risk management consultants, ensuring compliance and addressing any concerns. General Risk Management: - Develop and maintain key risk indicators (KRIs) and risk reporting mechanisms, providing timely and accurate risk assessments to senior management and the board of directors. - Foster a strong risk management culture throughout the organization by promoting awareness, training, and communication programs. - Stay abreast of industry trends, emerging risks, and regulatory changes to proactively adapt risk management strategies and policies as required. - Collaborate with cross-functional teams to assess and evaluate new products, services, and initiatives from a risk perspective. Qualifications: - Bachelor's degree in finance, economics, business administration, or a related field. A master's degree or professional certifications in risk management, such as FRM or CRM, are highly desirable Other Requirements: - Proven experience (minimum 10 years) in risk management, preferably within the fintech or financial services industry, with a focus on operational risk, credit risk, compliance risk, or similar areas. - Strong knowledge of fintech products, services, and technologies, as well as the regulatory landscape governing the industry. - Experience in Product and Credit Policy formulation, Collections and Recovery, Fraud and Operational Risks - Experience in handling teams Skills & Competencies: Skills : - Strong knowledge of fintech products, services, and technologies, as well as the regulatory landscape governing the industry. - Demonstrated expertise in developing and implementing risk management frameworks, policies, and methodologies. - Familiarity with relevant regulatory frameworks and industry standards across financial, data and cybersecurity best practices. Competencies : - Exceptional analytical and problem-solving skills, with the ability to assess complex situations and make sound decisions. - Excellent communication and interpersonal skills, with the ability to effectively influence and collaborate with stakeholders at all level. - Strong leadership capabilities with the ability to build and lead a high performing risk management team - Sound understanding of risk management tools and techniques and experience in utilizing data analytics for risk modelling and decision-making - Proactive mindset with the ability to anticipate and address potential risks and vulnerabilities before they escalate Place of work : Head office, Bangalore. Job Type: Full Time No. of Posts: 1

Bangalore

Chief Risk Officer - FinTech Vertical - NBFC 

Job Description for Chief Risk Officer - FinTech Vertical - NBFC  in Schatz Consulting in  Bangalore for (15-25) years of experience. Apply Now!