Risk Management_For a leading AMC

Roles and Responsibilities 3. PRINCIPAL ACCOUNTABILITIES
( Accountabilities associated
1.
with the job)
Implementation of Risk Management Framework
A. To assist functions in understanding of internal Risk Management Framework & other associated
policies and resolve their queries / concerns associated with it.
B. To assist in creation of content bank for Risk Management related trainings/ risk awareness
campaigns.
2.
Investment Risk Management
A. Monitoring of Passive limits on daily basis (Regulatory, Asset Allocation & Internal Risk) in Front
office system/ equivalent tool.
B. Tracking the rebalancing timelines for open breaches.
C. Listening the voice recordings / calls of Investment function on daily basis and comparing the same
with trades executed on sample basis.
D. Assist team in tracking of Scheme Level Key Risk Indicators (KRIs) vis a vis the defined threshold levels
on periodic basis.
3.
Operational Risk Management
A. Performing ground level activities for Risk and Control Self-Assessment (RCSA) Process at a functional
level. Tracking periodic progress of RCSA and associated actionables.
B. Follow-up with stakeholders & obtaining inputs for preparation of KEY Risk Indicator (KRI) report at
AMC level
C. Helping function in Incident Reporting. Tracking actionables of Incident reporting.4.
Reporting & Analysis
A. Preparation & Reporting of internal Risk reports, Risk Dashboards on periodic basis.
B. Assist in analysis of various Risk reports prepared by and reported to Risk Team.
C. Timely reporting of deliverables to the functions/ stakeholders.
5.
Risk Management Committee (RMC) Meeting
A. Assist in preparation of agenda papers and reports required for conducting the Risk Management
Committee Meetings on periodic basis.
B. Collating data from different function/ stakeholders for RMCs.
C. Tracking and follow-up of actionables of RMC
D. Maintenance of Minutes of RMC
6.
Handling Internal & External Audits
A. Coordinating with auditors (Internal & External) for audit data requirement & facilitating the same in
timely manner.
B. Tracking & closing the audit actionables, if any.
7.
Review of Policies
A. Helping in review of Risk Management Framework and associated policies at a defined frequency
and proving inputs for keeping the same up-to date in line with the recent regulatory environment
and practices
B. Maintenance of Risk Management policy tracker.8.
Other
A. Any other Risk Management related adhoc activities, which may be required to be carried out on
need basis.4.
DECISIONS
(Key decisions taken by job holder at his/her end)
Following decisions are taken by the role:

•

•
5.
Ensuring that the BAU activities are completed and requisite information regarding the same is disseminated
to the stakeholders within internally defined timelines.
Assisting & query handling of stakeholders for risk management related monitoring and reporting.
CHALLENGES
(Challenges faced on an on-going basis in carrying out the job)
Following are the challenges faced by the role while carrying out the job:

•

•
Coordination and rigorous follow-up with stakeholders for timely delivery of actionables pertaining to their
function.
Getting the periodic deliverables from different stakeholders.6. INTERACTIONS
Internal Clients
Roles you need to interact with inside the organization to enable success in your day to day work
The role requires interaction with following internal stakeholders:
Work closely and in consultation with Operations, Investment & Compliance team.
Collaborating with other functions & leadership team on need basis.
External Clients
Roles you need to interact with outside the organization to enable success in your day to day work
The role requires interaction with following external parties on need basis:
Vendor & Outsourcing Partner - Registrar and Transfer Agent, Fund Accountant, Custodian
Rating Agency & Exchange
Regulator & Auditor7. SKILLS AND KNOWLEDGE
(Minimum acceptable proficiency for this job which best indicates the education and/or experience
requirements of this job and not the incumbent)
a) Qualifications
MBA in Finance/ CA , FRM/CFA or Level 1 cleared candidate of FRM/CFA
b) Work Experience
Around 3-5 years of experience in the field of Risk Management in financial services industry.
Candidate who has worked in Operational Risk Management Function/ Investment Risk Management Function
/ Enterprise Risk Management Function in Insurance, Banking and NBFCs shall also be considered.c) Personal Attributes/ Behavioral skills

• Execution skills, Analytical bend of mind, Good communication skills, Solution oriented mindset, Good drafting
skills.

• Commitment, passion for work & eagerness to learn, teamwork, ability to stretch in crunch situations & sustain
pressures, manage relationship with all the stakeholders.
d) System Competencies

• Good / Advanced level knowledge of Microsoft Office package (MS Excel, MS Word and MS PowerPoint)
e)

•

•

•
Knowledge
Base level understanding & knowledge of Risk Management standards, processes and procedures.
Base level understanding of Mutual Fund business.
Base level understanding of Capital Market products and related instruments

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