Senior Vice President - Risk - NBFC - CA

Position: Senior Vice President - Risk

Location: Delhi NCR

Industry: NBFC

Purpose:

He will be responsible for Credit Underwriting, Policy, Risk, RCU, BIU, Legal & Collections on PAN India basis. Currently, we are operational in Delhi, Rajasthan, Punjab, Mumbai, Ahmedabad, Hyderabad, Lucknow and expanding ourselves in North & West.

Desired Profile:

- Chartered Accountant with 15 years to 20 years of relevant industry experience.

- Retail Lending in High ticket size.

- Must have handled team size above 50.

- Only from NBFC (SME Lending Background only).

- Sound knowledge of finance and accounts and of respective markets.

- In depth knowledge SME business (SME LAP/ WCTL)

Job Description:

- Provide the overall leadership, vision, and direction for Risk Management.

- Develop risk management policies, including the quantification of the NBFC's risk appetite through specific risk limits.

- Implement a set of risk metrics and reports, including losses and incidents, key risk exposures, and early warning indicators.

- Improve the NBFC's risk management readiness through communication and training programs, performance measurement and incentives, and other change management programs

- Develop the analytical, systems and data management capabilities to support the risk management program.

- Monitor and ensure proper working of teams involved in credit risk management including credit risk policy formulation and development, documentation of credit risk management procedures (pre- and post- sanction), model development and validation for retail, corporate and SME lending, credit risk capital computation, data management, risk mitigation, portfolio and individual credit review, monitoring and reporting including determination and monitoring of limits.

- Monitor and ensure proper working of teams involved in operational risk including risk policy development, review and upgrade, risk identification, loss event management, risk library development, business line mapping, Control Risk Self-Assessment (CRSA), the development and monitoring of KRIs (Key Risk Indicators), risk capital computation, and mitigation strategies

- Monitor the integrity of risk measurement techniques and MIS that are used to monitor the financial institution's risk profile relative to its risk appetite.

- Act in a timely manner to ensure effective management, and where necessary mitigation.