Vice President - Enterprise Risk - NBFC (12-15 yrs)

Job Description - Head of Enterprise Risk

Industry: NBFC (Non-Banking Financial Company)

Location: Gurgaon

Experience: 12+ years in Enterprise Risk Management, preferably in NBFCs, Banks, or Financial Institutions

Role Overview:

The Head of Enterprise Risk will be responsible for designing, implementing, and overseeing the risk management framework for the organization. This role involves proactively identifying, assessing, mitigating, and monitoring risks across credit, operational, market, and regulatory domains while ensuring compliance with RBI guidelines and other regulatory requirements.

Key Responsibilities:

1. Risk Strategy & Governance:

- Develop and implement the Enterprise Risk Management (ERM) framework in alignment with the company's business objectives.

- Define risk appetite, policies, and risk control mechanisms.

- Work closely with senior leadership and the board to ensure a risk-aware culture across the organization.

2. Credit & Portfolio Risk:

- Monitor and manage credit risk exposure across different loan segments.

- Establish risk policies and underwriting standards to maintain portfolio quality.

- Conduct stress testing, scenario analysis, and risk assessment for lending portfolios.

3. Operational & Market Risk:

- Identify key operational risks, implement controls, and drive risk mitigation initiatives.

- Ensure business continuity planning (BCP) and crisis management strategies are in place.

- Monitor market risk factors and their impact on the business.

4. Regulatory & Compliance Risk:

- Ensure adherence to RBI norms, SEBI guidelines, and other financial regulations.

- Work with compliance teams to manage regulatory reporting and audits.

- Maintain strong relationships with regulatory authorities and ensure proactive risk mitigation strategies.

5. Risk Monitoring & Reporting:

- Develop risk metrics, dashboards, and reports for leadership and board reviews.

- Conduct periodic risk assessments and present findings to the management team.

- Lead internal audits and collaborate with external auditors on risk-related matters.

Key Requirements:

- Experience: 12+ years in enterprise risk management within an NBFC, bank, or financial institution.

- Education: CA/MBA (Finance)/CFA/FRM or relevant risk management certifications preferred.

- Strong understanding of RBI regulations, risk analytics, and risk modeling.

- Hands-on experience in implementing risk frameworks, governance structures, and credit risk assessments.

- Excellent leadership, communication, and stakeholder management skills.