Chief Risk Officer BFSI Sector

2 weeks ago


tamil nadu, India Quess Corp Limited Full time
A Reputed public sector bank is looking for Chief Risk Officer
Location: Chennai
Experience: 12 to 15 years
Qualification: CA
Eligibility Criteria
Key Responsibilities:
Risk Governance and Strategy:
Develop and implement risk management policies, procedures, and frameworks aligned with the bank to its subsidiary’s objectives, risk appetite, and regulatory requirements.
Define risk management strategies and ensure their integration into the overall business strategy.
Provide guidance and direction to senior management and the board on significant risk issues.
Risk Assessment and Monitoring:
Identify, assess, and prioritize risks across all business units and activities, including Information security risk, operational risk, business continuity and compliance risk.
Implement robust risk measurement methodologies and tools to quantify and monitor risks effectively.
Establish key risk indicators (KRIs) and triggers to enable early warning of emerging risks.
Risk Mitigation and Controls:
Develop and implement risk mitigation strategies and controls to minimize exposure to identified risks.
Ensure the adequacy of risk controls and procedures through regular reviews, testing, and validation.
Collaborate with business units to implement remedial actions and enhancements to mitigate identified risks.
Regulatory Compliance:
Stay abreast of regulatory developments and ensure compliance with relevant laws, regulations, and industry standards.
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