Hero FinCorp - Lead - Market Risk

1. Develop a comprehensive Risk Appetite Framework for all risks faced by the Company e.g. Credit risk, Liquidity risk, Market risk, Compliance risk, Operational Risk, Model risk, IRRBB, Strategic & Reputation risk etc. and perform periodic monitoring and reporting.

2. Set up Liquidity and Market Risk management framework in accordance with RBI prescribed guidelines. Lay down / monitor policies and procedures and risk tolerance/limits to manage Liquidity and Market Risk.

3. Review Liquidity Coverage Ratio (LCR), Structured Liquidity Statement (SLS) and Interest Rate Sensitivity (IRS) and perform stress testing on these parameters to assess the inherent risks and capital adequacy.

4. Responsible for enhancing and performing Internal Capital Adequacy Assessment Process (ICAAP) and prepare comprehensive ICAAP document for presentation to Board in line with Basel-III / RBI norms. Keep ICAAP policy updated in line with regulatory guidelines.

5. Identify and assess all Pillar1 and Pillar2 risks faced by the Company and perform periodic materiality assessment through quantitative / qualitative methodology in line with regulatory guidelines / market practice.

6. Perform Stress Testing on Pillar1 and Pillar2 risks in line with RBI guidelines / Basel-III norms. Develop & maintain Stress Testing Framework.

7. Adopt statistical tools for Risk assessment e.g. Value at Risk (VaR) Analysis - Historical simulations, Monte Carlo and variance-covariance method.

8. Responsible for Regulatory submissions such as Pillar3 disclosures & financial reporting and compliances for Risk Management function.

9. Put up a comprehensive Capital Planning Framework commensurate with business growth strategy to comply with RBI norms on Minimum Capital Requirement and Supervisory Review and Evaluation Process.

10. Keep an eye on RBI Circulars and guidelines and ensure implementation / compliance on all Risk related matters including Capital planning / IFRS / Basel / IndAS / IRAC.

11. Calculate Risk Adjusted Return on Capital Employed (RAROC) for Corporate & SME loans.

12. Monitor key Macro Economic Indicators and changes in external environment; Perform Impact assessment on lending portfolio.