Chief Risk Officer - Asset Management Firm

Description: Position: Chief Risk Officer Role: - Establishing an organisation wide risk conscious culture. - Formulate and implement structured reporting process for risk monitoring - Responsible for overall risk management related activities of the AMC and Mutual Fund Schemes - Responsible for implementation and governance of RMF across the AMC and the Mutual Fund Schemes Job Description: - Ensure all risk-related policies are defined, reviewed, and updated periodically and placed at the relevant risk management committee for approval. - Perform periodic review and update the ERMF defined by the AMC and place the same to the RMCs for the approval. - Formulate and recommend changes to roles and responsibilities including KRAs relating to risk management activities and place these at the RMCs for approval. - Periodically review the DoP covering daily risk management, risk reporting and corrective actions at the level of Fund manager, CIO and CEO - Review and suggest changes to the risk appetite and risk metrics for the AMC and scheme as defined by the CEO - Ensure formulation and implementation of adequate mechanism for risk parameters at credit and fraud risk strategies and reporting framework on the same - Review and report the ERMC and Board Risk Committee of AMC and Trustee - Independently assess reporting of risks to various committees and the management - Report outcomes of the risk management function to the CEO at least once a month. - Define process to assess the control against identified risk(RCSA, Stress Testing) - Identify, assess and estimate emerging risks and their possible impact on the AMC and mutual fund schemes - 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 Location: Mumbai .