Position Title: Chief Risk Officer Grade/Level: SVP- EVP Department: Risk Location: Mumbai Business: Wealth Management Organizational Relationships Position reporting to: COO Job Purpose The individual would be responsible for heading the risk department for Wealth Management, primarily looking after Financial (Market & Credit) Risk, Operational Risk, Fraud & Infosec and secondary responsibility for Regulatory & Compliance and Liquidity Risk. SBU consist of Wealth Management & Institutional Equities Key Responsibilities : Managerial Responsibilities: - Leading a team of people across the risk and surveillance functions - Supervise and mentor the risk team to ensure efficient implementation of processes Functional Responsibilities : - Managing risk and surveillance for Retail and Institutional Business in Equities and Derivatives - Conceptualization and Implementation of Risk Management frameworks - defining Risk Appetite and ensuring adherence - Formulation of risk policies / limits and monitoring there against - Setting-up process and framework for capturing, reporting, tracking and rectification of loss events - Defining risk tolerance limits of various functions and reviewing them basis risk appetite agreed with management and Risk Management Committee; performing audits of policy and ensuring strict compliance to standards - Identifying key and emerging risk areas ; evaluating and quantifying their potential impact - Liaison with the business and understand the business requirements & recommend changes in policies and processes to support the business to mitigate risk including operational error - Periodic reporting through risk reports/mails/Dashboards Job Requirements : Qualifications: MBA Experience: Min 15 - 20 yrs Functional Competencies : - Ability to understand business and business issues - In-depth understanding of Risk Management in the Broking sector - Ability to compare risk and reward - Clear communication with various stakeholders - Strong process orientation Behavioral Competencies : - Should be able to work well with different functions and team - Drive innovation and change - Provide guidance and advice to team members

Mumbai

Chief Risk Officer - Wealth Management - BFSI 

Chief Risk Officer - Wealth Management - BFSI  ,Job Description for Chief Risk Officer - Wealth Management - BFSI  in Armour Corporate Services in  Mumbai for (15-20) years of experience. Apply Now!

Job Description for Chief Risk Officer - Wealth Management - BFSI  in Armour Corporate Services in  Mumbai for (15-20) years of experience. Apply Now!