Head - Integrated Risk Management - Banking/NBFC

Attribute Details:

Position Title: Head Integrated Risk Management

Reporting To: Group Chief Risk Officer (GCRO)

Location: Mumbai

Experience: 15+ Years in Banking/NBFC Risk Management

Key Responsibilities:

1. Strategic Risk Oversight:

- Act as a strategic advisor to the GCRO, providing a consolidated view of risk across Credit, Market, and Operational domains.

- Design and implement Enterprise Risk Management (ERM) frameworks tailored for a high-growth, digital-first financial ecosystem.

- Ensure alignment of risk appetite with the groups aggressive business expansion goals.

2. Risk Technology & Digital Transformation:

- Lead the selection, implementation, and optimization of Risk Management Information Systems (RMIS) and automated decisioning engines.

- Collaborate with Data Science and Engineering teams to integrate AI/ML models into real-time credit underwriting and fraud detection.

- Drive the transition from manual, periodic reporting to real-time, data-driven risk monitoring dashboards.

3. Regulatory & Compliance Leadership:

- Ensure the group remains ahead of RBIs Scale Based Regulations (SBR) and evolving global standards like Basel III/IV.

- Manage high-level interactions with regulatory bodies, internal audit committees, and external stakeholders.

- Standardize risk reporting formats for Board-level presentations and regulatory submissions.

4. Cross-Functional Risk Management:

- Oversee Operational Risk frameworks, focusing on cybersecurity, third-party risk, and business continuity in a tech-heavy environment.

- Review and validate internal credit rating models and stress testing methodologies.

Candidate Requirements:

Education & Experience:

- Qualifications: MBA from a Tier-1 institute, CA, or professional certifications like FRM (GARP) / PRM.

- Tenure: Minimum 15 years of post-qualification experience, with at least 5 years in a senior leadership role within a large Private Sector Bank, Foreign Bank, or top-tier NBFC.

- Tech Expertise: Proven experience in leading "Tech-for-Risk" initiatives (e.g., implementing LOS/LMS systems, automated risk scoring, or data lake integrations).

Competencies:

- Analytical Rigor: Ability to dissect complex financial data and translate it into actionable risk mitigation strategies.

- Change Management: Experience leading teams through organizational growth and digital pivots.

- Communication: Exceptional ability to articulate risk concepts to non-risk stakeholders and the executive leadership.