Chief Risk Officer - Asset Management Firm

Role Overview:

You will be responsible for establishing an organisation-wide risk-conscious culture and implementing a structured reporting process for risk monitoring. Additionally, you will oversee the overall risk management activities of the AMC and Mutual Fund Schemes, ensuring the implementation and governance of RMF across the organization.

Key Responsibilities:

• Define, review, and update all risk-related policies periodically, presenting them to the relevant risk management committee for approval.
• Periodically review and update the ERMF defined by the AMC and seek approval from the RMCs.
• Formulate and recommend changes to roles and responsibilities, including KRAs related to risk management activities, and present them to the RMCs for approval.
• Review the DoP covering daily risk management, risk reporting, and corrective actions at the level of Fund manager, CIO, and CEO.
• Review and suggest changes to the risk appetite and risk metrics for the AMC and schemes as defined by the CEO.
• Establish and implement a mechanism for risk parameters at credit and fraud risk strategies, along with a reporting framework.
• Review and report to the ERMC and Board Risk Committee of AMC and Trustee.
• Independently assess and report risks to various committees and management.
• Report outcomes of the risk management function to the CEO on a monthly basis.
• Define a process to assess controls against identified risks, including RCSA and Stress Testing.
• Identify, assess, and estimate emerging risks and their potential impact on the AMC and mutual fund schemes.
• Report existing and emerging risks associated with MF and AMC activities in a structured manner to the Risk Management Committee of the Board of AMC and Trustee.

Qualifications Required:

• Bachelor's degree in a relevant field such as Finance, Business Administration, or Risk Management.
• Professional certifications like FRM or PRM will be an added advantage.
• Proven experience in risk management within the financial services industry.
• Strong analytical skills and attention to detail.
• Excellent communication and presentation abilities.
• Ability to work independently and collaborate effectively with cross-functional teams. Role Overview:

You will be responsible for establishing an organisation-wide risk-conscious culture and implementing a structured reporting process for risk monitoring. Additionally, you will oversee the overall risk management activities of the AMC and Mutual Fund Schemes, ensuring the implementation and governance of RMF across the organization.