Head - Risk Management

Description:

Assist the CRO in formulating and implementing the Risk Management Framework. Ensure alignment of risk strategy with business strategy and risk appetite. Monitor aggregate risk exposures across portfolios and business lines. Creation, monitoring and reviewing risk and control library covering all the functions of the Bank and carrying out periodic enterprise-wide risk assessment. Independently highlighting the material risks involved in the business decisions. Candidate must be from BFSI Industries.

Credit Risk Management:

- Oversee portfolio risk analytics (corporate, commercial, retail, agriculture etc.,).

- Monitor asset quality trends, early warning indicators, and stress scenarios.

- Review large exposures and recommend risk mitigation strategies.

- Ensure implementation of ECL framework.

- Ensure accuracy in computing the credit risk weight assets of the Bank and aid regulatory capital computations.

- Convening the periodic Credit Risk Management Committee by effectively coordinating with the stakeholders and ensuring implementation of the directives.

- Ensure robust credit policy implementation and periodic review.

- Independent risk assessment of new products

Operational Risk Management:

- Supervise operational risk framework including RCSA, KRIs, loss data management.

- Implementation and overseeing of Organizational Operational Risk Framework.

- Ensure Outsourcing, IT & Cyber security risk assessments.

- Ensuring implementation and monitoring of operational resilience framework.

- Oversee business continuity and risk event analysis.

- Convening the periodic Operational Risk Management Committee by effectively coordinating with the stakeholders and ensuring implementation of the directives.

- Ensure effective model risk management.

- Independent risk assessment of the existing and new processes.

Market and Liquidity Risk:

- Monitor IRRBB, trading book exposures, and ALM risks.

- Oversee liquidity risk metrics (LCR, NSFR, stress liquidity).

- Review limit frameworks and breach management.

- Convening the periodic Market Risk Management Committee by effectively coordinating with the stakeholders and ensuring implementation of the directives.

- Validate VaR, Duration, PV01 & Valuation models.

- Convening periodic Asset-Liability Committee (ALCO) and to support the top management in managing ALM.

Risk Analysis and Stress Testing:

- Lead enterprise stress testing exercises (regulatory & internal).

- Validate risk models, PD/LGD/EAD models, ECL computations.

- Analyze risk-adjusted performance (RAROC, economic capital).

- Identify, measure and monitor emerging risks such as cyber risks, climate risks and concentration risks.

- Ensure compliance with RBI guidelines and other regulatory norms.

- Support ICAAP preparation and board-level risk reporting.

- Present risk insights to Risk Management Committee (RMC) and Board.

- Coordinate with Internal Audit and Compliance and ensure convergence of assurance functions.

- Lead and mentor risk managers and risk analysts.

- Develop risk culture across the organization.

- Drive automation and data-driven risk analytics.

- Ensure necessary training and development of the team members of Risk Management Department.

Key Deliverables:

- Periodic risk dashboards to CRO and Board.

- Portfolio risk reviews with actionable insights.

- Stress testing reports and ICAAP documentation.

- Regulatory submissions related to risk.

- Independent risk assessment for new products.