Chief Risk Officer

NKFL is looking for recruitment for the following post:

Chief Risk Officer (1 post: Mumbai, Maharashtra)

The Chief Risk Officer will be responsible developing and implement comprehensive risk management strategies, ensuring alignment with business objectives and regulatory requirements.

Key Responsibilities of Chief Risk Officer

• Develop, implement and review risk management frameworks, policies, and procedures
• Identify, assess, mitigate, and control credit, liquidity, market, operational, strategic, and other risks
• Conduct risk assessments for new initiatives, products, and services
• Ensure adherence to RBI, SEBI, and other regulatory guidelines
• Liaise with regulatory authorities and auditors
• Provide timely risk reports to senior management and the RMC/Board
• Foster transparency in risk communication
• Develop and maintain business continuity and crisis management plans
• Respond effectively to crisis situations
• Lead and mentor a high-performing risk management team
• Foster a culture of risk awareness and accountability
• Leverage technology and data analytics for risk assessment and mitigation
• Stay updated on technological advancements in risk management

Educational Qualification & Experience

i. CA/MBA Finance / FRM/PRM.

ii. 10+ years in risk management within financial services sector (Banks/AIFIs/NBFCs, etc.), with
5+ years in senior management position (Scale III/IV/V or its equivalent) in Public Sector
Banks/AIFIs/NBFCs.

iii. Strong proficiency in MS Office, risk management software, and data analytics tools

Desirable

i. Experience working with senior executives and boards

ii. Ability to present complex risk information to non-expert audiences

iii. Strong understanding of regulatory requirements and industry standards for NBFCs in India

iv. Ability to handle high-pressure situations and manage risks during organizational change

Key Skills

i. In-depth knowledge of Indian NBFC sector, regulatory frameworks, and industry trends

ii. Expertise in managing risk portfolios (credit, operational, market, liquidity, etc)

iii. Strong leadership, team management, and stakeholder engagement skills

iv. Excellent analytical, problem-solving, and communication skills

v. Proficient in risk management tools, financial modelling, and data analytics

Personal Attributes

i. Strategic thinker with a proactive approach to risk management

ii. Collaborative leader with excellent interpersonal skills

iii. Adaptable and resilient in a dynamic business environment

Age

Not more than 65 years as on date of application

Nature of Job : Full Time

Place of posting

• The place of posting for the present will be Mumbai
• However, depending on administrative requirement of NABKISAN candidate may be placed anywhere in the country in future

Compensation & Benefits

Annual Rs. 35 lakh to Rs. 40 lakh (negotiable) with an annual increment of 5%, based on satisfactory performance. The CRO will be eligible for TA/HA, boarding and lodging allowance on Official visits, as applicable to Officers in Grade of COO

Contract Period

• Appointment will be contract basis initially for a period of two years which may be extended by 1 year based on the performance.
• The appointment shall be subject to review of performance on half yearly basis.
• The Company may terminate the contract of service if the performance is found unsatisfactory during the period of Contract.
• Termination of contract will be by giving one-month notice by either side or payment by the candidate in lieu of notice period of one month

Leave

• . 18 Days of Casual leave in a calendar year, on a proportionate basis, provided that not more than 07 days leave may be availed at a stretch and that Saturday/Sunday/Holiday may not be combined in such a way that total absence on any one occasion exceeds 10 days (including intervening holidays / Saturday /Sunday, if any).
• Leave will however be granted subject to exigencies of work.
• Any absence beyond the above period will be treated as leave without any pay and the remuneration payable to him/her will be reduced to that extent.
• Unavailed leave at the end the year will not be carried forward.

Contract Period

• Appointment will be contract basis initially for a period of two years which may be extended by 1 year based on the performance.
• The appointment shall be subject to review of performance on half yearly basis.
• The Company may terminate the contract of service if the performance is found unsatisfactory during the period of Contract.
• Termination of contract will be by giving one-month notice by either side or payment by the candidate in lieu of notice period of one month

Interested candidates may visit https://www.nabkisan.org/career and apply online

Last date of receipt of applications is 03rd January 2024.