Mudra - Chief Risk Officer

- Assist in Preparation of Risk Management policies for mitigating Credit Risk, Operational Risk and Market Risk and policies for Asset Liability Management (ALM), Liquidity Risk Management (LRM), Investment, Internal Capital Adequacy Assessment Process (ICAAP) and such other policies having bearing on the risks faced by MUDRA (e.g., Security and Collateral Management Policy, etc.) and carrying out periodic review / modifications to these risk management policies /frameworks to suit the changing environment and business needs.

- The CRO shall be involved in the process of identification, measurement and mitigation of risks. All credit products (retail or wholesale) shall be vetted by the CRO from the angle of inherent and control risks.

- Assessment of associated risk and suggesting policy framework for development of new products carrying significant credit risk.

- Assist in preparation and review of risk capital charge calculation methodology and impact on Banks capital.

- Assist in preparation of profiles of risks across the organization and review adherence to the risk limits specified by the Board of MUDRA.

- Assist in preparation of memorandum for the annual budget, business plan and the long term development plan of MUDRA.

- Preparation, implementation and modification of Credit and Operational risk measurement/ assessment, methodologies, models, tools and frameworks.

- Minimizing the risks at borrower level and portfolio level, approving the lendable rating grades and setting up the exposure limit structure in line with Banks risk appetite and monitor compliance.

- Identification, analysis and addressing various risks such as business risk, credit risk, market risk, financial risk, operational risk, etc. Assisting in development and monitoring of key risk indicators (KRIs) that are mapped to various risks to determine elevations in risk and proactively implement risk mitigation measures.

- Preparation and implementation of comprehensive risk management framework for MUDRA including structure, tools, policy documents, etc.

- Coordinating the collection of risk information from source systems, departments, and reporting thereof.

- Analysing the data and applying to various key risk areas to update the risk profile.

- Assist in conducting internal conformance reviews to defined SOPs and processes

- Assist in ensuring compliance with external regulations, as applicable.

- Keeping abreast of notices issued by apex body, RBI and GoI and subsequently preparing a plan of action.

- Any other assignment as decided by the MD&CEO of MUDRA.