ICAAP Lead - Enterprise Risk - NBFC

Business/Department: Enterprise Risk

Job Description:

1. Conduct comprehensive assessments of the Internal Capital Adequacy Assessment Process (ICAAP) in compliance with regulatory requirements.

2. Collaborate with cross-functional teams to gather relevant data and information for ICAAP analysis.

3. Work in close coordination within the enterprise risk team and other departments to develop and periodically update the risk assessment models for Pillar II risks.

4. Perform stress testing, scenario analysis, and capital planning to ensure the capital adequacy.

5. Develop and maintain financial models to assess capital adequacy and potential risks.

6. Prepare reports and documentation for Senior Management and Board reporting, regulatory submissions, ensuring accuracy and adherence to guidelines.

7. Monitor regulatory updates and assess their impact on ICAAP processes, making recommendations for necessary adjustments.

8. Provide insights and recommendations to senior management regarding capital optimization and risk mitigation strategies.

9. Participate in internal and external audits, responding to inquiries and implementing corrective actions as needed.

Skills Required:

1. Bachelor's degree in Finance, Banking, Business or a related field.

2. Master's degree or professional certification (e.g., FRM, CFA) is a plus.

3. 7 - 10 years of experience in Risk Management with at least 3-5 years in

4. ICAAP, capital planning, and regulatory compliance within the financial industry.

5. Strong analytical skills with proficiency in financial modeling and risk assessment.

6. In-depth knowledge of regulatory frameworks and guidelines related to capital adequacy.

7. High level of commitment to quality work product, organizational ethics and integrity.

8. Strong interpersonal skills and the ability to effectively communicate, both written and verbally