Risk Management
Cholamandalam MS General Insurance Co. Ltd.
2 - 5 years
Chennai
Posted: 08/01/2026
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Job Description
Key Responsibilities:
- Risk Identification & Assessment: Systematically identify and analyze potential internal and external threats (e.g., financial, operational, cyber, regulatory, and reputational risks) that could impact the organization's objectives.
- Strategy Development & Implementation: Design, implement, and monitor overall risk management processes, policies, and procedures, including risk mitigation and contingency plans.
- Monitoring & Reporting: Continuously monitor the effectiveness of existing risk controls, track key risk indicators (KRIs), and prepare detailed reports and presentations for senior management and the board of directors.
- Compliance & Auditing: Ensure all operations comply with applicable federal, state, and local laws, industry standards (e.g., ISO 31000), and internal policies. Coordinate with internal and external auditors as needed.
- Collaboration & Training: Partner with department heads (e.g., Finance, IT, Legal, HR) to embed risk awareness into daily operations and provide training and support to staff on risk management processes.
- Crisis Management: Assist in drafting and refining business continuity plans to ensure organizational resilience in the event of a crisis or disruption.
Qualifications and Skills
Education
- Minimum: Any bachelors degree in finance, economics, or a related field
- Desired (Plus): Professional certifications like Certified Risk Manager (CRM), Financial Risk Manager (FRM) etc.
Core Competencies:
- Strong analytical and problem-solving abilities.
- Excellent communication and presentation skills, with the ability to explain complex information to diverse audiences.
- Superior organizational, project management, and attention to detail skills.
- Ability to work independently, manage multiple tasks, and make sound decisions under pressure.
Experience:
- Proven experience in a risk management role preferably in BFSI , with a strong understanding of risk assessment and control principles.
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