Risk Management Director

6 days ago


Hyderabad, Telangana, India Kshema Full time
Job Description

The role of General Manager-Operational Risk at Kshema is a critical position that oversees the company's risk management framework and ensures compliance with regulatory requirements. The successful candidate will be responsible for making strategic decisions on risk management issues that impact the company's direction and developing policies and strategies to mitigate risks.

Key Responsibilities:

  • Develop and implement an Enterprise Risk Management Framework and operational risk management framework to ensure effective risk identification, assessment, and reporting.
  • Manage operational risk, including identification, assessment, and reporting, mitigation and control, loss identification and reporting, and implementing monitoring and testing of controls.
  • Design and maintain risk management tools like Key Risk Indicators and loss databases.
  • Monitor performance of KRI against management-approved thresholds and report breaches to the Chief Risk Officer and risk committee.
  • Oversee risk incidents, liaise with business for RCA, resolution with corrective and preventive action plan, and report updates regarding OR incidents to the Chief Risk Officer and risk committee.
  • Undertake timely period review of Risk and Control Self-Assessment (RCSA) exercise.
  • Provide key inputs for review of the Outsourcing Policy.
  • Liaise with various stakeholders to collate and manage vendor/activity database.
  • Ensure timely delivery of internal/external reports and ad-hoc assignments given by the Chief Risk Officer/risk committee.
  • Responsible to provide training and awareness to build the right Risk Culture and Capability.

Requirements:

  • Educational Qualification:
  • Preferred MBA with engineering background/CA
  • Certifications: FRM/IRM

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