Enterprise Risk Management Role - NBFC

The key job duties/responsibilities are enumerated below:

- Leading the execution and continued development of an effective company-wide risk governance framework

- Own and implement the risk related policies (ERM policy, Provisioning policy, Credit policy) and update the same as and when required

- Assist in the development of a stress testing framework for various types of risk and

- conduct the stress tests to assess the impact on capital for ICAAP purpose

- Develop relevant models for estimating expected credit loss (ECL) as per regulatory guidelines/ IFRS 9/IND AS 109

- Conducting model validation tests for credit rating models being used

- Identifying areas of automation/ digitization and conceptualization/ implementation of the identified areas of refinement

- Determine appropriate probability of default and loss given default for various portfolios based on internal or external data.

- Interacting with key internal / external stakeholders such as regulators, auditors, senior management etc.

- Providing ongoing support to stakeholders and cross functional teams to ensure continuous improvement in an ever-changing fast-paced environment

- Assisting in evaluations, risk impact assessments, internal or external audits as needed

- Provide periodic submissions, support, and necessary reply to queries from RBI's inspection, statutory and concurrent auditors

- Any other assignment as may be assigned by the Bank from time to time

Experience and Education Qualification

- Minimum 10 years of experience in financial/ corporate sector; Out of which at least 5 years should be in Financial Sector in risk management function.

- Should have ability to work in cross functional teams, co-ordinate with multiple stakeholders for project completion

- Should have good verbal and written communication skills

- Understanding of accounting concepts, basic concepts on capital adequacy and various components of balance sheet, income statements

- Good understanding of the management of various risk types

- Deep understanding of the model/data construct and the theoretical/conceptual framework for model development

- Analytical and problem-solving approach; strong numeracy, analytical and research skills

- Having prior experience in computation of expected credit loss under IFRS/US GAAP

- Postgraduate (MBA)/CA in any discipline from a recognized University / Institution