Chief Risk Officer - NBFC

Risk Management Strategy:

- Develop, implement, and continuously improve the risk management framework, policies, and procedures to mitigate and manage financial, operational, and strategic risks.

- Oversee the enterprise risk management (ERM) strategy, ensuring alignment with the company's overall business objectives and risk appetite.

- Evaluate the effectiveness of the risk management framework and recommend necessary improvements.

Risk Identification & Assessment:

- Lead risk identification, assessment, and measurement processes across all business units, ensuring the accurate identification of potential risks.

- Conduct risk assessments of new business initiatives, products, services, and markets, and provide risk insights to senior management and the board.

Risk Mitigation & Control:

- Develop and implement strategies to mitigate identified risks, working with business leaders to ensure proper controls are in place.

- Ensure a proactive approach to operational, credit, market, liquidity, compliance, and reputational risks.

- Collaborate with various departments to embed risk controls and mitigation strategies into business processes.

Regulatory & Compliance Oversight:

- Ensure compliance with local and international regulations, including RBI (Reserve Bank of India) guidelines, SEBI, and other relevant statutory bodies.

- Liaise with regulatory authorities and auditors to stay ahead of regulatory changes and ensure adherence to all applicable laws and regulations.

- Manage risk reporting to the board of directors and regulatory bodies.

Reporting & Communication:

- Provide clear, accurate, and timely risk reports to senior management and the board, highlighting key risks, their potential impact, and mitigation actions.

- Foster transparency in risk communication within the organization, ensuring all stakeholders are aligned on risk policies and practices.

Crisis Management & Business Continuity:

- Lead the development and maintenance of a comprehensive business continuity and crisis management plan.

- Respond effectively to crisis situations, ensuring rapid identification, assessment, and management of emerging risks.