InCred - Head - Enterprise Risk Management

Key Responsibilities :

Risk Management Policy & Governance :

• Formulate, review, and continuously strengthen the risk management policy, governance frameworks, and internal control systems to maintain a best-in-class risk posture.
• Ensure robust risk governance excellence and mandatory compliance with all RBI regulatory guidelines, proactively updating frameworks and policies to reflect emerging risks and regulatory changes.
• Promote and embed a strong, principles-based risk culture across all business units through effective communication, training, and governance structure
• Lead a proactive strategy for all RBI inspections and supervisory observations, driving timely and systemic remediation measures to mitigate future risks and fortify governance.

Enterprise Risk Management & Strategy :

• Lead the design, implementation, and continuous governance of the Enterprise Risk Management (ERM) Framework, and internal control systems.
• Define and maintain the Risk Appetite Statement (RAS) and ensure alignment across all business teams.
• Drive portfolio risk strategy including product-level risk frameworks, diversification, concentration limits, and monitoring of early deterioration signals.
• Develop and manage ERM dashboards integrating KRI, EWS indicators and portfolio analytics, ensuring accurate, timely and governance-aligned risk reporting to senior leadership, regulatory committees, and the Board.

Internal Capital Adequacy Assessment Process (ICAAP) :

• Lead the Internal Capital Adequacy Assessment Process (ICAAP) including risk-based capital allocation and economic capital methodologies.
• Formulate, review, and maintain the ICAAP Policy to ensure it remains robust and aligned with regulatory standards.
• Conduct comprehensive capital assessments covering Pillar 1 and Pillar 2 risks and present capital adequacy updates to the Board.
• Design, conduct & monitor enterprise stress-testing and scenario analysis to guide capital planning and financial stability

Risk Monitoring, Reporting & Analytics :

• Identify, assess, and continuously monitor key enterprise and departmental risks using advanced techniques, including predictive risk analytics, and Key Risk Indicators (KRIs).
• Prepare, review, and present dashboards and reports to the Risk Management Committee (RMC).

Expected Credit Loss (ECL) :

• Lead end-to-end ECL computation, validation, and monitoring.
• Provide strategic governance on ECL modelling, including PD/LGD/EAD assumptions and provisioning accuracy.
• Collaborate with Finance, Credit & Business teams to ensure accurate provisioning for reporting and regulatory compliance.
• Conduct risk analysis and provisioning assessment for loan portfolio pool buyouts.
• Lead automation for ECL processes to improve scalability, controls, reduce operational dependencies, and ensure strong audit trails.

Early Warning Signals (EWS) :

• Design and maintain a robust Early Warning Signals (EWS) framework with specific financial, behavioral, and external triggers to identify portfolio stress at an early stage.
• Oversee the monitoring of stressed exposures and ensure timely execution of mitigation strategies, corrective actions, or exit plans for all generated alerts.

Liquidity Risk :

• Provide leadership oversight on Liquidity & ALM Risk, ensuring compliance with NBFC liquidity norms and funding stability.

Qualifications & Experience :

• Education: Preferably Chartered Accountant (CA)/ CFA/FRM/MBA Finance
• Experience: 12-15 years of leadership experience in Enterprise Risk / Financial Risk roles within leading NBFCs or Banks.
• Strong understanding of regulatory risk frameworks, ERM governance, ICAAP, ECL, ERM frameworks, KRIs, EWS systems, and regulatory compliance
• Proven experience in risk automation, analytics, and Board-level stakeholder communication