Financial Risk Manager

7 days ago


Delhi, Delhi, India HDFC Credila Financial Services Limited Full time
About HDFC Credila Financial Services Limited

We are a Systemically Important Non-Deposit taking Non-Banking Finance Company seeking a skilled Financial Risk Manager to join our Risk Management team. Our company focuses on providing Education Loans to Indian students for studies both in India and Abroad, with a book size of over Rs. 30,000 crores.

Job Responsibilities
  • Provide deep understanding of best practice and regulatory expectations of a second line of defense risk function.
  • Oversee all treasury first line activities, including the risk appetite framework, stress testing, and controls relating to compliance with Company Policy and local regulatory Requirements.
  • Meet and communicate with various stakeholders across locations on an ongoing basis to understand the risks associated with the business and make timely recommendations on risk appetite.
  • Execute a comprehensive and granular programme of capital and liquidity second line of defense.
  • Support the build out of an effective capital and liquidity risk management second line function.
  • Analyze and update on an on-going compliance with necessary regulatory requirement(s).
  • Analyze and review investments & monitor changes to structural liquidity data.
  • Peer comparison of borrowing mix & asset mix.
  • Review ALM mismatch, VaR & stress testing (once we have ERM software, etc.).
  • Engage with external vendors such as fintechs, regtechs, risk consulting firms, research agencies, etc. to evaluate new products, services, projects, etc. available in the retail asset finance space.
  • Development and implementation of effective processes systems supporting risk strategy.
  • Development of efficient and streamlined capital & liquidity processes.
Requirements
  • Strong business understanding of the retail lending business in India and understanding of the regulatory landscape.
  • Understanding of processes, controls, etc.
  • Proficiency in MS Excel - analytical/technical skills in order to infer meaningful insights from the information obtained.
  • Excellent communication skills, both verbal and written.
Qualifications and Experience
  • 5-8 years of experience in the areas of Risk Management in the areas of Financial Risk.
  • Practical experience of managing Capital and Liquidity Risk, either in a first or second line role.
  • Practical experience of capital and/or liquidity stress testing.
  • Good working knowledge of Global and Regional Liquidity and Capital Regulations.

Job Location: Mumbai (Kalina)


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