Senior Risk Management Specialist
3 weeks ago
Parag Parikh Financial Advisory Services Limited is a leading financial services firm that offers a wide range of investment products and services to its clients.
Job Summary
We are seeking an experienced Risk Management Specialist to join our team in this challenging role. The ideal candidate will have a strong background in risk management, with a focus on operational and investment risk management.
About the Role
This is an exciting opportunity for a skilled professional to take on a leadership role in our risk management function. As a Senior Risk Management Specialist, you will be responsible for identifying, monitoring, managing, and reporting multiple risks faced by our organization. You will work closely with various departments to ensure effective monitoring of operational and investment risk, including SEBI investment limits and market abuse activities.
Key Responsibilities
- Effective identification, monitoring, managing, and reporting of multiple risks faced by the organization.
- Ensure overall effective monitoring of operational and investment risk, including SEBI investment limits and market abuse activities.
- Monitor and analyze portfolio stress testing, risk o meter, potential risk class as per SEBI guidelines.
- Work with multiple departments for formulation of organizational policies.
- Keep track of market, industry development, best practices, new regulations etc.
- Improve the level of automation, system controls of the organization process.
- Manage risk within the tolerance limits defined in the Risk appetite framework, Key risk indicators etc.
- Prepare risk management committee and investment committee agenda and minutes.
- Establish an organization-wide risk-conscious culture.
- Provide periodic inputs on the risk parameters to be adopted across different risk areas.
- Ensure effective monitoring of organizational risk register, RCSA process, KRI, RAF and closure of actionable items.
Required Skills and Qualifications
To succeed in this role, you will need:
- A degree in Finance, Accounting, Business Administration or related field.
- At least 5 years of experience in operational and investment risk management, preferably from the Mutual Fund industry.
- Strong knowledge of risk management principles, practices, and regulations.
- Excellent analytical, communication, and interpersonal skills.
- Ability to work in a fast-paced environment and prioritize tasks effectively.
Salary
The estimated annual salary for this role is ₹20 lakhs - ₹30 lakhs (approx.). This is a competitive salary based on industry standards and your level of experience.
Benefits
In addition to the salary, we offer a comprehensive benefits package, including medical insurance, retirement plan, paid time off, and opportunities for career growth and professional development.
Others
As a member of our team, you will have the opportunity to work with a talented group of professionals who are passionate about delivering exceptional results. We value diversity and inclusion, and strive to create a work environment that is inclusive and respectful of all employees.
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