Chief Risk Officer - Insurance & Capital

Department Icon Risk Management & Compliance
Posted: 6 months ago
10-15 years
Mumbai,Navi Mumbai
Risk Management & Compliance
work from office
Full Time

Posted: 6 months ago
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Job Description

  • The position is with BFSI Company and they are looking Chief Risk Officer for Insurance & NBFC Business
  • Location - Mumbai
  • Key Responsibilities:
  • A) Operations of group companies in the Life & General Insurance and Stockbroking sectors.
  • B) Compliance with DTD stipulations for NCD funding obtained by the Company
  • C) Regulatory compliance since company is a NBFC-CIC and regulated by RBI
  • Key qualifying criteria would be as follows: -
  • A) Familiarity with RBI regulations and reporting requirements of NBFCs/CICs
  • B) Familiarity with IRDAI Regulations & Reporting requirements of Insurance entities
  • C) Track record of building or running an Group Risk Framework in a holding/investment company
  • D) Experience with covenant monitoring for NCDs
  • E) At least 10 years in above and must be a Actuary/CA/MBA or equivalent. However, relevant experience rather than high qualification will be the selection criteria.
  • Candidates with following experience would be ranked higher: -
  • A) Familiarity with SEBI Regulations & Reporting requirements of Stockbroking entities
  • B) Familiarity with FEMA compliance since Company is a Foreign Owned and Controlled Company as per FEMA norms
  • C) Experience of working with Risk Management Committee of the Board since CRO is expected to make quarterly updates to the Board
  • Suitable candidates may forward their updated profiles along with the below details:
  • Current CTC:
  • Notice Period:
  • Expected CTC:

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