Stay on top of potential risks and be adequately aware of the risk exposure of the business, keeping its internal operations in mind.
Identify risks and evaluate them in terms of their plausibility and repercussions, and curate risk mitigation and management policies to reduce the effectiveness of the risk.
Mentor and lead senior management and stakeholders by providing guidance and advice on legal and financial risk management
Custom-make risk management processes as per the current standing of the company, keeping in mind its future variations
Learn about and dive into the state of the Indian financial markets and its latest trends and perform competitive analysis on risk management plans.
Responsibilities
Develop risk control and management strategies to reduce the financial and legal impact on the business.
Evaluate the current risk management processes and determine their effectiveness in a future scenario.
Liaise with, and guide senior management and the stakeholders about the current and potential risks through reports, documentation and presentations periodically.
Ensure that the company meets its legal and regulatory risk requirements
Study market trends and implement the learnings into the risk management processes of the company
Prepare risk contingency plans to tackle future risk management issues
Required skills and qualifications
Bachelor’s degree in economics, finance, business administration, or a similar discipline
Prior experience as a risk manager or in a similar role
Solid knowledge of risk management principles
Expert-level knowledge of MS Office and other risk management tools
Analytical, problem-solving, and communication skills
Preferred skills and qualifications
Certification as a qualified Risk Management Professional (CRMP)
Knowledge of the Indian financial markets, banking system, and its related instruments
Prior experience as a risk manager or in a similar role