Chief Risk Officer - Asset Management Firm

Role :

Establishing an organisation wide risk conscious culture. Formulate and implement structured reporting process for risk monitoring

Responsible for overall risk management related activities of the AMC and Mutual Fund Schemes

Responsible for implementation and governance of RMF across the AMC and the Mutual Fund Schemes

Responsibilities:

- Ensure all risk-related policies are defined, reviewed, and updated periodically and placed at the relevant risk management committee for approval.

- Perform periodic review and update the ERMF defined by the AMC and place the same to the RMCs for the approval.

- Formulate and recommend changes to roles and responsibilities including KRAs relating to risk management activities and place these at the RMCs for approval.

- Periodically review the DoP covering daily risk management, risk reporting and corrective actions at the level of Fund manager, CIO and CEO

- Review and suggest changes to the risk appetite and risk metrics for the AMC and scheme as defined by the CEO

- Ensure formulation and implementation of adequate mechanism for risk parameters at credit and fraud risk strategies and reporting framework on the same

- Review and report the ERMC and Board Risk Committee of AMC and Trustee

- Independently assess reporting of risks to various committees and the management

- Report outcomes of the risk management function to the CEO at least once a month.

- Define process to assess the control against identified risk(RCSA, Stress Testing)

- Identify, assess and estimate emerging risks and their possible impact on the AMC and mutual fund schemes

- Report existing and emerging risks associated with the MF and the AMC activities in a structured manner to the Risk Management Committee of Board of AMC and Trustee