Head - Risk Management - NBFC - CA

We have an opening for Head of Risk Management with a Leading NBFC.

Location: Mumbai

Job Description:

To oversee risk-related operations in our Non-Banking Financial Company (NBFC), we are looking for a strategic and meticulous Risk Profile Scale and Regulatory Compliance Specialist. The main goal will be to make sure that Capital Adequacy standards and pertinent regulatory frameworks are followed. In order to maintain compliance with financial requirements, the ideal applicant will be essential in evaluating and reducing risks, creating policies, and collaborating across departments.

Responsibilities :

- Comply with regulatory requirements while doing the Capital to Risk-Weighted Assets Ratio (CRAR) and Risk-Weighted Assets (RWA) computations.

- Keep an eye on and guarantee Capital Adequacy in accordance with legal mandates.

- Assess both Pillar I and Pillar II risks, including as market, credit, and operational risks, while making sure that sufficient capital buffers are in place.

- Perform assessments of interest rate risk, liquidity risk, and credit risk stress tests.

- Determine the rates for Expected Credit Loss (ECL), Loss Given Default (LGD), and Probability of Default (PD).

- Evaluate its effect on portfolio health, paying special attention to Stage 1-Stage II bucket movement.

- Execute bucket forecasting and evaluate its effect on portfolio health, paying special attention to Stage 1-Stage II bucket movement.

- Create Scorecard-Based Funding Models to increase the credit process's precision and effectiveness.

- For improved operational efficiency, streamline the review/renewal procedures and the Excel-Based Credit Appraisal Memo process.

- Perform portfolio stress testing according to industry-specific risks and Rural Business Group (RBG) classifications.

- Determine and emphasize the portfolio's early warning signs of stress and suggest mitigating measures.

Educational Requirements:

- A bachelor's or master's degree in economics, risk management, finance, or a similar discipline.

- CA is one of the professional certificates.

Experience Required:

- At least five to seven years of experience in a banking or NBFC setting in risk management, financial analysis, or regulatory compliance.

- Demonstrated expertise in stress testing, CRAR/RWA computations, and risk assessments.

- Strong familiarity with credit risk, market risk, operational risk, and Pillar I and II rules.

- Knowledge of rural markets, loan management systems (LMS), and loan origination systems (LOS).