Risk Manager

About Zerodha Fund House
At Zerodha fund house, we are enabling the next generation of Indian investors. We feel mutual funds as a product needs to be reimagined to build simple & relevant investment solutions for the next 10 crore individuals to participate in and grow the capital markets in India. Built by the people behind Zerodha & smallcase, Zerodha fund house brings the principles of simplicity, cost-effectiveness, and transparency to the mutual funds.
Responsibilities

• Implement and govern the Risk Management Framework (RMF) across the Asset Management Company (AMC) and Mutual Fund Schemes.
• Monitor and ensure adherence to the RMF and compliance with SEBI regulations.
• Assist the CRO in formulating and implementing risk monitoring and reporting processes to the CEO, RMC, Board, and Trustee.
• Collect and analyze operational risk data, monitor losses, and develop risk mitigation strategies.
• Review and update risk-related policies, ensuring alignment with the risk appetite and metrics defined by the CEO.
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  Assist in building operational risk registers, fraud risk registers, and response plans.
• Measure and review AMC and scheme-specific risks, including RCSA.
• Assess key risks associated with third-party service providers and evaluate cyber-risk policies.
• Conduct stress testing for investment, credit, and liquidity risks.
• Report existing and emerging risks to the Board Risk Management Committee.
• Assist the CRO in conducting Risk Management Committee meetings and reporting monthly outcomes to the CEO.
• Partner with stakeholders to develop and implement risk management best practices.
  

Qualifications Required

• 4-7 years of experience in a similar work set up
• Strong understanding of SEBI regulations and risk management principles within the asset management industry.
• Experience in implementing and managing risk management frameworks.
• Ability to collect, analyze, and interpret risk data to develop effective mitigation strategies.
• Strong analytical and problem-solving skills.
• Excellent communication and reporting skills.
• Ability to collaborate effectively with various stakeholders.
• Knowledge of investment, credit, and liquidity risk assessment.
• Proficiency in conducting stress tests and analyzing results.