<ul> <li>Part of the second line of defense Risk function that works closely with first line of defense teams within the business functions , more specifically in Finance, Investments and Actuarial, Products and Strategy functions</li> <li>Develop and implement risk management policies and procedures to ensure the safety and stability of the Company&#39;s financial resources</li> <li>Analyze financial data, to identify potential risk factors and determine appropriate risk management strategies</li> <li>Ensure that the risk management governance framework continues to remain updated and relevant as per the regulatory guidelines, requirements of the Board and local as well as international best practices</li> <li>To institutionalize risk appetite statement for the Company, monitoring and reporting compliance against the risk appetite statements covering all types of risks</li> <li>Assist VP Enterprise Risk in oversight of enterprise wide risks including financial risk matters and contribute in internal committee forums setup to monitor these risks</li> <li>Able to drive risk control assessment at functional level and also able to coordinate testing of controls and providing assurance to the management over effective working of risk management framework</li> <li>Actively engage with business risk &amp; control managers (BRCM) from Actuarial, Products, Finance &amp; Investments function and support process owners of these functional areas by providing advice, relevant support on risk matters including areas of financial risk like market, credit and liquidity risk</li> <li>Stay up-to-date with financial regulations, industry trends, and best practices in risk management and provide recommendations for effective management of financial risks with the Company</li> <li>Responsible for management, monitoring, reporting and oversight of financial risk at an entity level. This role shall support the VP Enterprise Risk to achieve key financial risk management objectives around scoping and implementing interest rate risk measures, guidelines and limits, and formalizing risk tolerances that appropriately link to the companys risk appetite</li> </ul>