Chief Risk Officer

Key highlights of the role are listed below (purely indicative and not limiting):

Risk Strategy and framework:

• Develop and implement a comprehensive risk management strategy, framework,

and policies to safeguard the company against financial, operational, compliance,

and reputational risks.

• Lead the establishment and continuous improvement of the company's risk

appetite, tolerance levels, and key risk indicators (KRIs) aligned with business

objectives.

• Identify and assess operational risks associated with technology, systems,

processes, and people.

• Collaborate Cross-Functional Teams to implement cybersecurity risk management

strategies and ensure data privacy and protection.

• Establish incident management and disaster recovery plans to handle operational

disruptions.

• Monitor the Risk Appetite Framework of the company, and suitably put

implementation plan for the execution of the same

Credit risk management:

• Oversee the companys credit risk policies, including underwriting criteria, credit

scoring models, and loan loss reserves.

• Monitor and assess emerging risks across business functions, including operational,

financial, regulatory, and reputational risks.

• Lead initiatives to enhance risk identification, reporting, and mitigation processes.
• Ensure robust credit risk assessment and monitoring systems to assess customer

creditworthiness and mitigate potential defaults or fraud risks.

• Monitor portfolio performance and implement strategies to manage delinquency

and charge-offs.

Enterprise Risk Management Framework:

• Ensure the formulation and implementation of a comprehensive Enterprise Risk

Management framework

• Develop risk-related guardrails dovetailing into the Board approved Risk appetite

framework, and ensure adherence to industry standards, regulatory guidelines,

and best practices.

Risk Reporting and Analytics:

• Oversee the preparation and presentation of risk management reports for senior

management, the board of directors, and regulatory bodies.

• Provide data-driven insights on key risk indicators (KRIs) and recommend actions to

mitigate risks.

• Collaborate with data analytics teams to enhance risk modelling and scenario

analysis.

• Management of IFRS9 , IND-AS compliant Expected Credit Loss Framework

Regulatory Compliance:

• Oversee the establishment and maintenance of policies and guidelines for the

development, deployment, and management of all digital products/services

• Liaise with regulatory authorities, auditors, and other stakeholders on risk-related

matters.

• Ensure compliance of all regulatory/ statutory guidelines related to digital

products/ service and sending statements to all regulatory/ statutory bodies

Leadership and stakeholder Management:

• Lead and mentor the risk management team, fostering skill development and a

high-performance culture.

• Work closely with internal departments (finance, operations, legal, etc.) to ensure

a coordinated approach to managing risks.

• Build strong relationships with external stakeholders, including regulators,

auditors, and industry peers.

Applicants should possess the following attributes:

• Strategic Thinking: Ability to anticipate risks and align risk management strategies

with the organization's long-term objectives.

• Leadership: Strong leadership skills to manage a diverse team and influence crossfunctional stakeholders in implementing risk frameworks.
• Analytical Expertise: High-level analytical capabilities to assess complex risk

scenarios, conduct thorough analysis, and derive actionable insights.

• Regulatory Knowledge: Deep understanding of industry regulations and risk

management best practices to ensure compliance and effective governance.

• Decision-Making: Strong, data-driven decision-making skills to manage crisis

situations and recommend sound risk mitigation strategies.