Head - Risk (PSS07925)

About the Company

A middle layer RBI-registered NBFC focused on delivering innovative credit solutions across retail, SME, and microfinance sectors in Rural India. The organization operates in the financial inclusion space with a strong commitment to governance, compliance, and operational integrity, driving sustainable growth and responsible lending practices.

Position Overview

The Head of Risk will lead the enterprise-wide risk management framework in alignment with regulatory requirements for Middle Layer NBFCs. Reporting to the Managing Director & CEO, this role ensures effective identification, assessment, monitoring, and mitigation of credit, market, liquidity, operational, compliance, and reputational risks to support sustainable business growth.

Key Responsibilities

• Develop and implement an Enterprise Risk Management (ERM) framework in line with RBI Scale-Based Regulation (SBR) guidelines.
• Present periodic risk reports to the Board and Risk Management Committee.
• Ensure independence of the risk function from business origination teams.
• Design credit risk policies, underwriting standards, and risk appetite frameworks.
• Oversee portfolio quality, early warning signals (EWS), and stress testing.
• Monitor NPAs, provisioning norms, and ensure compliance with RBI IRAC & Ind AS norms.
• Monitor ALM (Asset-Liability Management) position, liquidity coverage, and capital adequacy.
• Establish and oversee operational risk framework, fraud risk management, and Business Continuity Planning (BCP).
• Develop MIS dashboards for portfolio risk monitoring and analytics-driven insights.
• Oversee Internal Capital Adequacy Assessment Process (ICAAP) and capital planning.
• Build and lead the risk management team, fostering a risk-aware culture across the organization.

Required Experience & Qualifications

• Education: CA / MBA (Finance) / FRM / CFA or equivalent.
• Experience: 12–18+ years in risk management within NBFCs, Banks, or Financial Institutions, including a minimum of 5+ years in a senior leadership role.
• Leadership: Proven ability to lead cross-functional risk teams and engage with Board, Regulators, and Auditors.
• Technical Expertise: Deep understanding of RBI regulations for Middle Layer NBFCs, credit risk modelling, ALM, and regulatory reporting; familiarity with fintech-enabled lending models preferred.
• Soft Skills: Strong analytical and quantitative skills, strategic thinking, commercial acumen, high integrity, and independent judgment.

Why Consider this Opportunity?

• Lead the complete risk management function of a regulated and growing NBFC.
• Directly influence enterprise-wide governance and compliance frameworks.
• Engage with the Board and Managing Director & CEO on strategic risk decisions.
• Shape a risk-aware culture and build institutional resilience across business lines.
• Drive innovation in credit and operational risk management within the financial inclusion sector.

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