Risk Management Head

About the job

Key Responsibilities:

1. Risk Governance & Framework:

- Establish and maintain a comprehensive risk management policy and framework in line with SEBI (MF) Regulations, AMFI guidelines and industry best practices.

- Develop risk appetite statements and risk tolerance limits approved by the Board of Trustees.

- Ensure implementation of robust risk controls across all functions investment, operations, technology and sales/ distribution.

- Periodically review the adequacy and effectiveness of the risk framework and recommend improvements.

2. Investment & Portfolio Risk Management:

- Independently monitor and report market risk, credit risk, concentration risk and liquidity risk of all schemes.

- Oversee portfolio exposures, sectoral limits, credit ratings and compliance with investment restrictions.

- Evaluate portfolio risk parameters such as duration, beta, tracking error, etc. and flag deviations.

- Conduct stress testing and scenario analysis on portfolios to assess resilience under adverse market conditions.

3. Operational & Enterprise Risk Management:

- Identify and monitor operational, reputational, IT/cyber and process risks across various AMC functions.

- Establish a risk control matrix (RCM) and ensure periodic testing and validation of key controls.

- Coordinate with internal auditors and compliance to ensure early detection and mitigation of risks.

4. Regulatory & Board Reporting:

- Present quarterly risk assessment reports to the Board of Trustees and Compliance Officer.

- Ensure timely escalation of significant risk incidents or breaches to the Board and SEBI, where applicable.

- Participate in the Risk Management Committee and support compliance during regulatory inspections or audits.

5. Coordination & Advisory:

- Act as the nodal point for risk matters between investment, operations, compliance and IT teams.

- Provide risk-based inputs in the design and launch of new schemes or products.

- Advise Fund Managers on prudent risk-adjusted investment decisions and ensure risk culture across the organization.

Qualifications & Experience:

- Post-Graduate in Finance, Economics, Risk Management or related field.

- Professional certifications such as MBA - Finance, CA, CFA, or equivalent preferred.

- Minimum 10-15 years of relevant experience in risk management within mutual funds, banks or financial institutions.

- Thorough understanding of SEBI (Mutual Fund) Regulations, AMFI guidelines and risk management frameworks.

- Strong analytical, quantitative and communication skills with proven leadership capability.