AddressKey Responsibilities:
- Develop and implement an effective risk management framework, incorporating ICAAP, ECL, Risk Monitoring, liquidity management, and market risk assessment.
- Conduct regular assessments of the company's risk profile, identifying potential areas of concern and recommending appropriate mitigation strategies.
- Oversee the development and maintenance of risk models, methodologies, and systems to ensure accurate risk measurement and reporting.
- Lead the implementation of ICAAP and ECL frameworks in compliance with regulatory requirements and industry best practices.
- Collaborate with internal teams, including Finance, Credit, Operations, and Legal, to ensure risk management practices are integrated across the organization.
- Monitor and evaluate market trends, economic indicators, and regulatory changes that may impact the company's risk exposure, and provide recommendations accordingly.
- Prepare comprehensive risk management reports and presentations for senior management and the board of directors.
- Stay updated on emerging risk management practices, regulations, and industry standards, and ensure the company's risk management framework remains up to date.
- Provide guidance and support to the risk management team, fostering a culture of risk awareness and accountability.
- Foster strong relationships with external stakeholders, including regulatory bodies, auditors, and rating agencies.
Qualifications and Requirements:
- Bachelor's degree in finance, Economics, Risk Management, or a related field. A master's degree or professional certifications (e.g., FRM, PRM, CFA) would be an added advantage.
- A minimum of [X] years of experience in risk management, with a focus on ICAAP, ECL, Risk Monitoring, liquidity management, and market risk assessment, preferably within the financial services industry.
- Strong understanding of regulatory requirements and guidelines related to risk management in the housing finance sector, including RBI guidelines and ICAAP frameworks.
- Proven experience in developing and implementing risk management frameworks, policies, and procedures.
- Proficiency in risk modelling techniques, quantitative analysis, and risk reporting tools.
- Excellent analytical and problem-solving skills, with the ability to assess complex risk scenarios and provide practical solutions.
- Strong leadership and team management abilities, with experience in leading and developing a team of risk management professionals.
- Effective communication and presentation skills, with the ability to convey complex risk concepts to both technical and nontechnical stakeholders.
- High level of integrity and professionalism, with a commitment to maintaining confidentiality and adhering to ethical standards.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and senior stakeholders.
- Demonstrated leadership capabilities, with the ability to influence and drive change in a dynamic and fast-paced environment.
