Chief Risk Officer - NBFC

Job Description - You will be responsible for overseeing and managing all aspects of the organization's risk management framework. You will play a pivotal role in developing and implementing strategies to identify, assess, mitigate, and monitor risks at the organisation level.

ONLY looking at people from Top Banks/NBFCs in India

Client Details: Our client is a Top NBFC in the Indian market

Description:

Risk Management Strategy:

- Develop, implement, and continuously improve the risk management framework, policies, and procedures to mitigate and manage financial, operational, and strategic risks.

- Oversee the enterprise risk management (ERM) strategy, ensuring alignment with the company's overall business objectives and risk appetite.

- Evaluate the effectiveness of the risk management framework and recommend necessary improvements.

Risk Identification & Assessment:

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

- Conduct risk assessments of new business initiatives, products, services, and markets, and provide risk insights to senior management and the board.

Risk Mitigation & Control:

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

- Ensure a proactive approach to operational, credit, market, liquidity, compliance, and reputational risks.

- Collaborate with various departments to embed risk controls and mitigation strategies into business processes.

Regulatory & Compliance Oversight:

- Ensure compliance with local and international regulations, including RBI (Reserve Bank of India) guidelines, SEBI, and other relevant statutory bodies.

- Liaise with regulatory authorities and auditors to stay ahead of regulatory changes and ensure adherence to all applicable laws and regulations.

- Manage risk reporting to the board of directors and regulatory bodies.

Reporting & Communication:

- Provide clear, accurate, and timely risk reports to senior management and the board, highlighting key risks, their potential impact, and mitigation actions.

- Foster transparency in risk communication within the organization, ensuring all stakeholders are aligned on risk policies and practices.

Crisis Management & Business Continuity:

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

- Respond effectively to crisis situations, ensuring rapid identification, assessment, and management of emerging risks.

Team Leadership & Development:

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

- Foster a culture of risk awareness and accountability throughout the organization, providing training and guidance on risk-related matters.

Technology & Innovation:

- Leverage technology and data analytics to enhance risk assessment and mitigation efforts, adopting modern tools for risk identification and monitoring.

- Stay abreast of technological advancements in risk management and propose innovative solutions to improve the risk function.

Profile:

- ONLY looking at people from Top Banks/NBFCs in India

- 15+ years of experience in risk management within the financial services industry, with at least 5 years in a senior leadership role.

- In-depth knowledge of the Indian NBFC sector, including regulatory frameworks and emerging industry trends.

- Proven track record of managing complex risk portfolios, including credit, operational, market, and liquidity risk.

- Experience working with senior executives and boards to drive risk strategies and decisions.

- Strong leadership and team management capabilities.

- Excellent analytical and problem-solving skills.

- Strong communication skills, with the ability to present complex risk information to non-expert audiences.

- High proficiency in risk management tools, financial modeling, and data analytics.

- In-depth knowledge of regulatory requirements and industry standards specific to NBFCs in India.

- Ability to handle high-pressure situations and manage risks during periods of organizational change.

Job Offer:

Work with a top-tier NBFC in India and lead the development of cutting-edge risk management strategies in a fast-evolving financial landscape.

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Shubham Kathuria on +91 124 628 9206. The Apply Button will redirect you to website. Please apply there as well.