Vice President/Associate Vice President - Risk Management

Vice President/Associate Vice President - Risk Management

Roles & Responsibilities:

Risk Strategy and Framework:

- Lead the establishment and continuous improvement of the company's risk appetite, tolerance levels, and key risk indicators (KRIs) aligned with business objectives.

- Identify and assess operational risks associated with technology, systems, processes, and people.

- Collaborate Cross-Functional Teams to implement cybersecurity risk management strategies and ensure data privacy and protection.

- Establish incident management and disaster recovery plans to handle operational disruptions.

Credit Risk Management:

- Create a robust credit risk assessment and monitoring systems to assess customer creditworthiness and mitigate potential defaults or fraud risks.

- Lead portfolio performance and implement strategies to manage delinquency and charge-offs

Risk Identification & Assessment:

- Lead risk identification, assessment, and measurement processes across all business units, ensuring the accurate identification of potential risks.

Risk Mitigation & Control:

- Develop and implement strategies to mitigate identified risks, working with business leaders to ensure proper controls are in place

Regulatory & Compliance Oversight:

- Ensure compliance with local and international regulations, including RBI guidelines, SEBI, and other relevant statutory bodies.

Reporting & Communication:

- Provide regular risk reports to senior leadership, highlighting key risk exposures and mitigation strategies.

- Work cross-functionally to maintain governance and integrate risk management across departments.

Crisis Management & Business Continuity:

- Lead the development and maintenance of a comprehensive business continuity and crisis management plan

Team Leadership & Development:

- Build, lead, and mentor a high-performing risk management team, ensuring continuous development and effective collaboration

Applicants should possess the following attributes:

- Strategic Thinking: Ability to anticipate risks and align risk management strategies with the organization's long-term objectives.

- Leadership: Strong leadership skills to manage a diverse team and influence cross-functional stakeholders in implementing risk frameworks.

- Analytical Expertise: High-level analytical capabilities to assess complex risk scenarios, conduct thorough analysis, and derive actionable insights.

- Regulatory Knowledge: Deep understanding of industry regulations and risk management best practices to ensure compliance and effective governance.

- Decision-Making: Strong, data-driven decision-making skills to manage crisis situations and recommend sound risk mitigation strategies