Deputy Chief Risk Officer - BFS

Our client is a Financial Institution and this is a contractual employment for 3-5 years

The Deputy Chief Risk Officer will be directly reporting to the Chief Risk Officer and shall act in the areas / domain allotted to him/ her. The role of DCRO, shall be broadly classified under the following area of operations,

i. Credit Risk Management

ii. Market Risk Management

iii. Operational Risk Management

iv. Liquidity and Interest Rate risk Management

The roles and responsibilities of DCRO are given below:

- Overall supervision of Risk Management function of the Bank.

- Overseeing the functioning of each section of the Risk

- Management Vertical dealing with Credit Risk, Market Risk,

- Operational Risk, Asset Liability Management, Treasury Mid-Office and Cyber and Information Security.

- Ensuring continuous improvement in the Risk Management practices/policies of the Bank.

- Attending meetings of Credit Approval Committee (CAC).

- Representing the Bank at various forums on risk management related issues.

- Framing and reviewing the Risk Management policies covering Credit Risk, Market Risk, Operational Risk, Fraud Risk, Asset Liability Management and Fund Transfer Pricing.

- Responsible for business continuity planning (BCP) framework of the Bank and crisis incidence management.

- Acting as the member / convenor of the Asset Liability Management Committee (ALCO), Enterprise Risk Management Committee (ERMC), BCP Committee etc.

- Ensure compliance with applicable regulatory and statutory guidelines.

- Implementation of BASEL III Capital Regulations for FIs

Age Limit: The age of the candidate should not be less than 40 years as on July 31, 2023

Educational Qualification:

1. Mandatory educational qualification as on July 31, 2023: Graduate Degree from a recognized and registered College / University with:

i. Professional certification in Financial Risk Management from Global Association of Risk professionals,

OR

ii. Professional Risk Management Certification from PRMIA Institute,

OR

iii. Certification in all the following specialized areas:

(a) Credit Risk

(b) Market Risk

(c) Operational Risk

(d) Enterprise-wide Risk

(e) Information Security and

(f) Liquidity Risk

2. Desirable additional Qualification: Degree/ diploma / certificate in or

Knowledge/appreciation of :

i. Statistics methods, including forecasting, time series, hypothesis testing, classification, clustering or regression analysis;

ii. Python/ Tableau/ R, other statistical/ mathematical tools, etc. for performing data modeling, analysis, dashboarding, etc.

Mandatory Experience:

- Minimum 20 years of experience in a Bank /Financial Sector of which 5 to 7 years should have been in the Risk function.