Job Summary : Location - Chennai
The Risk Manager will be instrumental in developing, implementing, and overseeing a robust risk management framework specifically for wealth management operations, including OBPP operations, mutual fund & insurance distribution activities. This role requires a deep understanding of nuanced operational, technological, and regulatory risks associated with digital platforms.
Key Responsibilities :
Risk governance
- Design and implement the risk framework for the wealth platform
- Ensure compliance with SEBI and other regulatory requirements applicable to OBPPs, stock brokers, distributors etc.
Platform and product risk management
Identify, assess, and mitigate risks specific to OBPP and distribution operations.Set up and implement risk controls for digital operations, including order placement, settlements, payment processing etc.Analyze risks related to suitability and appropriateness of products, mis-selling, scheme-specific risks.Operational risk management of Altifi platform
Assess and mitigate operational risks in the platform.Build and maintain SOPs for all processes; develop and monitor KRI dashboardsRisk reporting
Comprehensive reporting of risk metrics, mitigation measures to all relevant Education : MBA or equivalent post-graduation degree with specialisation in finance, risk management, business administration, statistics or similar field. Professional qualifications such as FRM, NISM certifications etc. are added advantagesExperience : 5-8 years of experience in risk management with at least 3 years in a leadership role. Relevant experience should be in a stock broking firm (focus on debt segment), wealth management firm, fixed income desk of Bank or NBFC.Specific experience with OBPP preferred.
ref : iimjobs.com)