Job Title - Head - Enterprise Risk Management

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 *

Peferably Chartered Accountant (CA)/ CFA/FRM/MBA Finance
Experience: 1215 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

Enterprise Risk Manager