Head - Risk Operations - FinTech - IIT/IIM (12-20 yrs)

About the Role:

We are seeking an experienced and highly skilled "Head of Risk" to lead our Risk Management function. This critical role will oversee the organization's entire risk management process, from credit risk to operational and enterprise risk management (ERM), ensuring robust practices that align with the company's growth and strategic goals. The ideal candidate will have a wealth of experience in risk management, particularly within fintech or financial services, with a proven track record of managing complex credit risk portfolios and operational risk systems.

Role Overview:

The Head of risk will be responsible for leading the risk management division, which includes the development and implementation of comprehensive credit, risk collection, and enterprise risk management (ERM) frameworks. As a senior leader within the organization, the CRO will oversee risk assessment and mitigation strategies across all risk types. The ideal candidate will have a strong background in leading credit and risk management functions, particularly in high-growth financial services environments.

Key Responsibilities:

Leadership of Risk Management Functions:

- Lead and manage Credit, Risk Collection, and ERM functions across the organization.

- Develop a holistic risk management framework that covers credit risk, market risk, operational risk, regulatory compliance, and business continuity.

Credit Risk Management:

- Oversee the development of credit risk policies, underwriting guidelines, and collection strategies.

- Build and maintain effective credit risk models, including assessing corporate credit card portfolios, loans, and spend management products.

- Develop and implement strategies to manage and mitigate bad debts and delinquencies.

Enterprise Risk Management (ERM):

- Establish and lead ERM processes to identify, evaluate, and mitigate potential risks across business operations.

- Integrate risk management strategies into the company's growth plans, ensuring alignment with the business's objectives.

Team Leadership and Development:

- Lead and mentor a high-performing risk management team, ensuring continuous growth and development.

- Build a risk-aware culture across the organization, promoting adherence to risk management policies.

Regulatory Compliance & Risk Reporting:

- Ensure adherence to regulatory requirements, working closely with legal and compliance teams to meet industry standards.

- Regularly report risk metrics and insights to the Board, CEO, and senior management to enable informed decision-making.

Risk Monitoring and Analytics:

- Lead the implementation of advanced risk monitoring tools and analytics to measure and mitigate risk effectively.

- Oversee real-time risk monitoring for key areas, including capital market funding, consumer credit, MSME loans, and other financial products.

Operational Risk Management:

- Oversee operational risk management practices to ensure smooth functioning across credit processes, collections, and settlements.

- Develop strategies to improve operational efficiency while maintaining strong risk controls.

Strategic Growth & Crisis Management:

- Contribute to the organization's strategic initiatives by ensuring that risk management practices do not impede innovation or growth.

- Lead the organization's response to crises, mitigating risk and ensuring business continuity in times of financial uncertainty.

Required Skills and Experience:

Educational Qualifications:

- IIT/IIM background (BTech or MBA from a prestigious institution).

Additional qualifications in Risk Management, Finance, or Business Strategy are a plus.

Work Experience:

- Minimum 12-15 years of experience in Credit Risk Management, Risk Collection, and Enterprise Risk Management, with at least 3-5 years in a leadership role.

- Extensive experience in managing risk functions in fintech, banking, or financial services, particularly in credit risk, MSME financing, and corporate credit.

- Previous experience as a CRO or senior risk leader in organizations with complex risk profiles is highly preferred.

Technical Expertise:

- Strong understanding of credit risk models, regulatory requirements, risk monitoring tools, and financial products like corporate credit cards, loan products, and capital market funding.

- Hands-on experience in developing risk models, setting underwriting policies, and managing large credit portfolios.

Leadership and Communication:

- Proven ability to lead and inspire cross-functional teams in a high-growth, fast-paced environment.

- Exceptional communication and presentation skills to effectively report to the Board and senior leadership on key risk issues.

- Ability to manage multiple priorities and lead complex risk management initiatives.

Preferred Qualifications:

- Certifications in Risk Management (e.g., FRM, CFA) are an advantage.

- Experience with real-time risk monitoring systems and technology-driven solutions for risk management.

- Expertise in managing risk for capital market funding, loan against securities, and margin funding.

Personal Attributes:

- Strategic thinker with a data-driven approach to risk assessment and management.

- High level of integrity and the ability to make tough decisions while balancing business needs and risk mitigation.

- Adaptable, with the ability to manage risk in a fast-evolving fintech landscape.

Why Join Us?

Play a pivotal role in shaping the future of risk management for a fast-growing and innovative organization.

Opportunity to work in a collaborative, forward-thinking environment that values innovation.

Competitive compensation and benefits package