1.   Function:

RISK

2.   Reporting to (Title):

Chief Risk Officer (CRO)

3.   Location:

Mumbai

Job Purpose

The Risk Management Resource will support the Chief Risk Officer in identification, assessment, and mitigation of risks in the organization's investment portfolios. This position entails the surveillance of the market environment, the provision of strategic insights to optimise risk-adjusted returns, and the assurance of investment compliance with regulatory frameworks. Will collaborate closely with senior management, fellow risk officers, compliance officers, and investment teams to guarantee sustainable growth and protect the organization's assets.

Support the Chief Risk Officer in -

1. Risk Identification and Assessment:

   - Analyze potential risks including market, credit, operational, liquidity, and regulatory risks.

   - Evaluate investment portfolios to assess exposure to various risk factors.

2. Risk Mitigation:

   - Implement risk mitigation strategies and support in implementation of risk limits in systems.

   - Support in implementation of various Risk Projects.

 - Collaborate with the investment team to ensure risk considerations are incorporated into portfolio decisions.

 - implement solutions to ensure the investment of the model portfolios for the individual clients is effective and outliers are flagged for review and action to be taken

3. Change Management:

   - Contribute and support the CRO in review of new products, process and activity.

3. Investment Regulatory Compliance:

   - Ensure that all risk management activities adhere to relevant regulations and internal policies.

   - Review the evolving regulatory changes and implement the same as appropriate.

4. Risk Monitoring and Reporting:

   - Prepare detailed risk reports for senior management, providing actionable insights and recommendations.

   - Develop risk models and stress-testing scenarios to measure potential impacts on the portfolio.

- Continuously monitor market conditions, investment trends, and risk exposures.

5. Support in Operational Risk and Internal Audit activities:

   - Support the Chief Risk Officer in Operational Risk and Internal Audit Engagements.

• Strong analytical skills, with experience in using risk models, quantitative analysis, and stress testing.
• Excellent communication skills with the ability to convey complex risk information clearly to non-technical stakeholders.
• Proficiency in risk management software and tools like Bloomberg, FACTSET, Barra etc.
• Computer Proficiency (MS Word, Excel)
• Presentation Skills
• Report Writing & Documentation
• Sound Knowledge on Key Regulations: SEBI- Wealth Managers, RIA, Mutual Funds, etc.
• Understanding of the regulatory landscape applicable to both the WMC and an AMC in India is desirable
• Can demonstrate understanding of investment markets and ex-ante portfolio risk management techniques, to be an effective risk manager for the multi-asset portfolio solutions that the WMC will be constructing for our clients.
• Demonstration of experience interacting with SEBI on risk management topics is a nice to have.

Minimum Qualification

Bachelor’s degree in finance, economics, mathematics, or a related field (Master’s degree or professional certifications such as FRM, CFA is a plus).

Number of years of experience

7 - 10 years of experience in risk management, preferably within an investment management or financial services organization.

Could be from an Investments / analytics background.

Experience

(Specific to any organization)

Wealth Management preferred, Mutual Funds, PMS, Alternates.