IIFL - Lead - Enterprise Risk Management/Central Risk (8-15 yrs)

Role : Lead Central Risk

Department : Home Loans

Grade : DVP / VP

Type of role : Team Managing

Reports to : CRO

Key Job Responsibilities :

- Purpose : To lead the design, implementation, and oversight of the Enterprise Risk Management frameworks, ensuring effective risk identification, mitigation, and alignment with organizational objectives.

- ERM Framework: Enhance and implement ERM policies, taxonomy, and governance aligned with regulatory requirements. Perform framework effectiveness review.

- Risk Identification: Oversee enterprise-wide risk identification, assessment, and prioritization across all categories.

- Operational Risk Management: Manage operational risks, including third-party dependencies, cybersecurity, and business continuity.

- Financial Risk - Should understand, review and challenge financial risk matters like ECL, Market Risk, and ICAAP etc.

- Risk Appetite & Governance: Define and monitor risk appetite thresholds, ensuring alignment with business goals.

- Monitoring & Reporting: Implement risk dashboards and heatmaps for real-time monitoring; report key risks to the Board, critical stakeholders and CRO.

- Resilience & Mitigation: Build organizational resilience through change management, controls, and mapping interdependencies.

- Regulatory Compliance: Ensure compliance with regulatory standards, including ICT and operational risk frameworks.

- Risk Culture: Drive strong risk-aware culture through training and accountability frameworks.

- Strategic Integration: Partner with business units to integrate risk considerations into strategic decision-making and growth plans.

- Leadership & Oversight: Lead cross-functional collaboration, manage risk committees, and drive continuous improvement. Should be able to deal with Rating Agencies, Regulator, Auditors.

Essential Capabilities :

- Solution Oriented : Critical thinking, bias for solution and execution.

- Strong influencing skills : Ability to build deep and influential partnerships with stakeholders.