Chief Risk Officer

Key Responsibilities:

1.Risk Governance & Framework

• Establish and maintain a comprehensive risk management policy and framework in line with SEBI (MF) Regulations, AMFI guidelines and industry best practices.
• Develop risk appetite statements and risk tolerance limits approved by the Board of Trustees.
• Ensure implementation of robust risk controls across all functions – investment, operations, technology and sales/ distribution.
• Periodically review the adequacy and effectiveness of the risk framework and recommend improvements.

2. Investment & Portfolio Risk Management

• Independently monitor and report market risk, credit risk, concentration risk and liquidity risk of all schemes.
• Oversee portfolio exposures, sectoral limits, credit ratings and compliance with investment restrictions.
• Evaluate portfolio risk parameters such as duration, beta, tracking error, etc. and flag deviations.
• Conduct stress testing and scenario analysis on portfolios to assess resilience under adverse market conditions.

3. Operational & Enterprise Risk Management

• Identify and monitor operational, reputational, IT/cyber and process risks across various AMC functions.
• Establish a risk control matrix (RCM) and ensure periodic testing and validation of key controls.
• Coordinate with internal auditors and compliance to ensure early detection and mitigation of risks.

4. Regulatory & Board Reporting

• Present quarterly risk assessment reports to the Board of Trustees and Compliance Officer.
• Ensure timely escalation of significant risk incidents or breaches to the Board and SEBI, where applicable.
• Participate in the Risk Management Committee and support compliance during regulatory inspections or audits.

5. Coordination & Advisory

• Act as the nodal point for risk matters between investment, operations, compliance and IT teams.
• Provide risk-based inputs in the design and launch of new schemes or products.
• Advise Fund Managers on prudent risk-adjusted investment decisions and ensure risk culture across the organization.

Qualifications & Experience:

• Post-Graduate in Finance, Economics, Risk Management or related field.

• Professional certifications such as MBA - Finance, CA, CFA, or equivalent preferred.

• Minimum 10–15 years of relevant experience in risk management within mutual funds, banks or financial institutions.

• Thorough understanding of SEBI (Mutual Fund) Regulations, AMFI guidelines and risk management frameworks.

• Strong analytical, quantitative and communication skills with proven leadership capability.