Chief Risk Officer/Risk Head - Housing Finance Firm

We are having an urgent requirement for Chief Risk Officer for Mumbai location, with a Housing Finance Company

Job Brief: Chief Risk Officer

Job Description is given below:

- Head the Credit Risk Management Committee (CRMC) and highlight emerging credit risks, EWI, trends, limits utilisation, etc. with recommendation to mitigate the same.

- Design the risk policies, procedures, and processes ensuring appropriate mitigation of the risks inherent in any loan portfolio.

- Vetting of loan proposals, borrower ratings, collateral assessment / analysis and highlight risk indicators to enable the management for informed decision.

- Develop and monitor early warning indicators for borrowers.

- Establish risk thresholds for various risks factors and exposures (e.g. borrowers limits, exposure limits, customer category, ticket size, etc.)

- Ensure timely and accurate reporting of information to the relevant stakeholders (which includes Top Management, Regulators, Rating Agencies).

- To conduct stress testing on a periodic intervals and present the same in Risk committees.

Desired Candidate Profile

- Graduate / Post graduate with minimum 10+ years of experience

- Prior experience in risk management preferably in the affordable housing segment

- Confidence & strong communication to be able to manage & guide senior stakeholders