Chief Risk Officer AMC industry

4 days ago


Mumbai, Maharashtra, India ACE Talent Consulting Full time ₹ 19,10,000 - ₹ 1,20,61,218 per year

Position

Chief Risk Officer

Role

Ø Establishing an organisation wide risk conscious culture. Formulate and implement structured reporting process for risk monitoring

Ø Responsible for overall risk management related activities of the AMC and Mutual Fund Schemes

Ø Responsible for implementation and governance of RMF across the AMC and the Mutual Fund Schemes

Job Description

Ø Ensure all risk-related policies are defined, reviewed, and updated periodically and placed at the relevant risk management committee for approval.

Ø Perform periodic review and update the ERMF defined by the AMC and place the same to the RMCs for the approval.

Ø Formulate and recommend changes to roles and responsibilities including KRAs relating to risk management activities and place these at the RMCs for approval.

Ø Periodically review the DoP covering daily risk management, risk reporting and corrective actions at the level of Fund manager, CIO and CEO

Ø Review and suggest changes to the risk appetite and risk metrics for the AMC and scheme as defined by the CEO

Ø Ensure formulation and implementation of adequate mechanism for risk parameters at credit and fraud risk strategies and reporting framework on the same

Ø Review and report the ERMC and Board Risk Committee of AMC and Trustee

Ø Independently assess reporting of risks to various committees and the management

Ø Report outcomes of the risk management function to the CEO at least once a month.

Ø Define process to assess the control against identified risk(RCSA, Stress Testing)

Ø Identify, assess and estimate emerging risks and their possible impact on the AMC and mutual fund schemes

Ø Report existing and emerging risks associated with the MF and the AMC activities in a structured manner to the Risk Management Committee of Board of AMC and Trustee

Job Type: Full-time

Pay: ₹1,910, ₹4,019,121.34 per year

Experience:

  • nine: 9 years (Preferred)

Work Location: In person


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