Operational Risk Manager

About the CompanyThe Company is a Systemically Important Non-Deposit taking Non-Banking Finance Company looking to hire a Risk Manager for their Risk Management team.The Company focuses on providing Education Loans to Indian students for studies both in India and Abroad. The Company presently has a book size of over Rs. 25,000 croresResponsibilitiesMeeting and communicating with the various stakeholders across locations on an ongoing basis to understand the risks associated with the business and making timely recommendations on risk appetiteEnsuing timely review of risk registers received from the various risk owners and risk managers - assist in the approval process, check efficacy of the rating & scales assigned from time to time and on a timely basis update the management of any new risks as well as any risks which have to be demised. Performing a risk assessment: Analyzing current risks including the outsourcing, emerging and fraud risks and identifying potential risks that are affecting the CompanyResponsible for incident reporting / fraud reporting and creating risk awareness amongst various usersReviewing the various policies from time to time and suggesting any changes / amendments thereto as well as drafting new policies as may be required from enterprise risk management point of viewTaking initiatives in and driving process improvementsMonitoring key metrics like TAT, Rejections, Approvals, Deviations, etc. which reflect the abnormal variance from benchmarks which will ensure operational efficiencyTo analyze and update on an on-going compliance with necessary regulatory requirement(s)Analyze and review investments & monitor changes to structural liquidity dataPeer comparison of borrowing mix & asset mixEngage 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 spaceSkillsHave strong business understanding of the retail lending business in India and understanding of the regulatory landscapeHave understanding of processes, controls, etc.Proficiency in MS Excel - analytical/technical skills in order to infer meaningful insights from the information obtainedExcellent communication skills, both verbal and writtenQualifications and ExperiencePost Graduate Diploma or Degree in Business Management / MBA / CAPreference to be given to candidates with a Degree/ Certification in Data Science / who may have worked on statistical models2-5 years of experience in the areas of Risk Management in the areas of Financial Risks and Operational Risk (preferred).Job Location: Mumbai (Kalina) PRB