Head - Risk Management - NBFC

Enterprise Risk Management

Company: A leading NBFC of a Top Conglomerate

Position : Risk Head

Functional Area : Enterprise Risk Management

Location : Chennai

The role requires creating appropriate and smart risk management strategies to keep the Firm within defined risk parameters and comply with regulatory requirements while maximizing business opportunities.

Roles & Responsibilities :

- Building and leading a highly collaborative and proactive Business Risk function

- Setting up teams (operational risk, credit risk, interest rate and market risk, stress testing) and managing the enterprise wide risk.

- Setting the vision and strategy for the risk function across the Company

- Building a robust risk management framework and architecture for the Company

- Meeting business needs and regulatory expectations with responsibility for investigating key aspects of each model under review

- Responsible for compiling, assessing and reporting risk information to the top management and the Board

- Ensuring a system-wide view and understanding of the combined risks of the business and their inter-relationships (interest rate risk, liquidity risk, operating risk, credit risk, and regulatory risk).

- Partnering effectively and appropriately with third parties, regulatory bodies and others, and serving as a role model for high personal and corporate ethical values and standards of integrity.

Qualifications / Requirements :

- Around 12 - 14 years of total experience with around 8 years of functional risk experience in the areas of Retail Risk, Corporate, Institutional & Commercial Clients Risk, Market Risk and Operational Risk in BFSI is essential

- Minimum master degree in Mathematics/Statistics/Finance/Economics

- Good knowledge and grasp of NBFC / BFSI practices, financial markets at a higher level and awareness of the country regulatory Framework, who can represent the firm in front of regulators, legislators, and other key constituents.

- Ability to make independent decisions with a strong sense of empowerment and leadership skills

- Must have high ethical standards, credibility and a commitment to best practices.

- Strong analytical and dispute resolution skills.

- Effectively interact with the leadership at the Firm and also with the Board as appropriate.

- Proactive and self-driven

- Process oriented and Strategic thinking

- Business acumen

- Good communication and presentation skills