Risk Manager

Description:

Duties and Responsibilities

1. Drive Credit Risk Management Desk

- Lead the Credit Risk vertical within the Risk Management Department.

- Develop and implement credit risk frameworks, policies, and risk appetite metrics.

- Establish underwriting risk standards, borrower risk grading models, and exposure limits.

- Monitor risk concentration across sectors, geographies, and borrower segments.

- Collaborate with Credit, Business, and Collections teams to ensure portfolio quality.

- Identify emerging credit risks and recommend mitigation strategies.

2. ECL Model Implementation & Provisioning (As per RBI Guidelines)

- Implement and manage the Expected Credit Loss (ECL) model under applicable accounting standards (Ind AS 109).

- Classify exposures into Stage 1, Stage 2, and Stage 3 based on credit deterioration criteria.

- Define and periodically review PD (Probability of Default), LGD (Loss Given Default), and EAD (Exposure at Default) assumptions.

- Ensure macroeconomic overlays and forward-looking adjustments are incorporated.

- Calculate and validate impairment provisions and ensure alignment with RBI prudential norms.

- Liaise with Finance, Statutory Auditors, and Internal Audit for provisioning accuracy and model validation.

3. Capital Adequacy Assessment (CRAR Calculation)

- Perform periodic CRAR (Capital to Risk-Weighted Assets Ratio) computation as per RBIs regulatory capital framework.

- Ensure correct classification of assets into risk-weight buckets.

- Monitor Tier I and Tier II capital components and capital buffers.

- Conduct impact analysis of portfolio growth on capital consumption.

- Support ICAAP (Internal Capital Adequacy Assessment Process) documentation and regulatory reporting.

4. Stress Testing Exercises

- Design and conduct portfolio-level stress testing under adverse macroeconomic and sectoral scenarios.

- Perform sensitivity analysis on key parameters such as default rates, interest rates, and recovery assumptions.

- Evaluate stress impact on ECL, profitability, and capital adequacy.

- Present stress testing outcomes to senior management and Risk Committee with recommended corrective actions.

5. Loan Portfolio Analysis

- Conduct periodic analysis of loan portfolio quality, delinquency trends, and vintage performance.

- Monitor PAR (Portfolio at Risk), NPA ratios, roll rates, and recovery performance.

- Track early warning indicators (EWI) and emerging stress segments.

- Provide risk dashboards and MIS reports to management.

- Support strategic decisions on pricing, product design, and portfolio diversification.

6. CRMC (Credit Risk Management Committee) Agenda & Regulatory Reporting

- Prepare comprehensive agenda notes for CRMC meetings covering portfolio risk, provisioning, capital adequacy, and stress testing results.

- Ensure compliance with RBI and internal governance requirements.

- Document committee discussions, action items, and follow-ups.

- Coordinate with Compliance and Regulatory Reporting teams for timely submission of risk-related disclosures.

Knowledge and Skills

- Strong knowledge of RBI regulatory framework for NBFCs/Banks

- Expertise in Ind AS 109, ECL modelling, and credit risk analytics

- Understanding of Basel norms, CRAR computation, and ICAAP

- Proficiency in data analytics and risk MIS tools (Excel, SQL, BI tools preferred)

- Analytical mindset with ability to interpret macroeconomic risk trends