Financial Risk Manager

1 week ago


Delhi, India Mavin RPO Solutions Pvt. Ltd. Full time
❖ Job role- Financial Risk Manager (FRM) Senior Manager/AVP Location- Mumbai, Andheri, MIDCExperinece- 8 to 10 yearsNotice Period- 30 days❖ What you will do ➢ Partner the Head of Risk Management in creating and execution of the Risk policy and roadmap in different business segments➢ Fraud & Risk assessment of various business processes and create plans for mitigation ➢ Create internal team process notes and company policy notes ➢ Middle Management Professional capable of managing multiple Product segments and drive external partnerships and internal teams towards implementation and continuous improvements➢ Continuous evaluation of changing risk environment and update the risk policies / processes and mitigants ➢ Create risk control system requirements - outlining key demands including compliance/risk related controls and drive related product development ➢ Implement risk controls for all NBT businesses and manage team operations for their implementation. Manage and ensure compliance to payment network / RBI / Bank advised FRM processes ➢ Ensure right balance between supporting business and controlling fraud / other risks ➢ Sponsor and drive loss recovery processes in cases of risk related losses ➢ Manage transaction level risks like chargebacks / penalties and plan towards making them minimal ➢ Manage and review other internal frauds and risk - for example employee fraud ➢ Support Legal partners in their engagement with law enforcement agencies ➢ Managing grievance redressal and any other regulatory/statutory policies, implementation and updates to the same ➢ Create and circulate MIS and reports to the management on periodic basis ❖ What we’re looking for Core Competencies-

Domain expertise in FRM procedures and practices-

Problem solving mindset with a view of continuous improvements-

Regulatory understanding of business areas-

Basic understanding of payment services-

Ability to align people and consistently take the team forward-

Balanced approach to drive business in a risk managed framework.-

Strong passion for customer and job at hand-

Team leader with an ability to influence through conviction, persuasion, negotiation, and consensus building ❖ Qualifications-

Experience of 8 to 10 years-

MBA (preferred) & FRM / AML course completions (preferred)-

Prior experience in FRM in retail / direct banking / financial services / payments business

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