Lakshya AMC is a SEBI in-principle approved asset management company, backed by Wealth First Portfolio Managers — a trusted, NSE-listed wealth management firm with a 30+ year legacy.
Rooted in investor-first values, Lakshya is led by a team of accomplished professionals with deep experience in capital markets and a history of delivering innovative investment solutions.
With a focus on purpose-driven products and a commitment to performance, Lakshya aims to redefine asset management in India.
We’re growing — join us in building a high-conviction investment firm for the future.
Job Title : Chief Risk Officer (CRO)
Location : Ahmedabad
Reporting To : Chief Executive Officer (CEO) / Board of Directors
Employment Type : Full-Time
About the Role
We are seeking an experienced Chief Risk Officer (CRO) to lead our organization’s risk management strategy, ensuring robust governance and regulatory compliance. The CRO will play a pivotal role in safeguarding the firm’s operations, reputation, and assets by establishing and overseeing a comprehensive risk management framework. This role is independent from the investment function (CIO) and reports directly to the CEO and Board of Directors.
Key Responsibilities
Risk Framework Implementation
- Implement and maintain an enterprise-wide risk management framework aligned with regulatory standards and industry best practices.
Governance & Oversight
Review and define the specific risk management responsibilities of senior leadership including the CEO, CIO, CXOs, and Fund Managers.Risk Reporting Mechanism
Establish a formal risk reporting process to provide quarterly updates to the Board of AMC, Trustees, and Risk Management Committees (RMCs) covering :Key risk metricsEscalation of material risk incidentsTimely implementation of corrective actionsIndependent Risk Assessment
Ensure an unbiased evaluation of risks and risk reporting to key governance committees and the CEO, independent of the investment function.CEO-Level Reporting
Develop a monthly reporting structure to keep the CEO informed of emerging risks and mitigation strategies.Daily Risk Operations
Oversee daily risk management and reporting activities, including identifying, monitoring, and addressing deviations in line with a Board-approved Delegation of Powers (DoP).Corrective Action Oversight
Monitor and initiate corrective measures at the Fund Manager, CIO, and CEO levels as needed, ensuring alignment with the firm’s risk appetite.Regulatory & Board Communication
Communicate major risk findings, incidents, and required corrective actions to the Board of AMC, Trustees, and RMCs. Provide regular updates on the closure or progress of risk mitigation recommendations.Key Requirements
Education :
Postgraduate degree in Risk Management, Finance, Economics, Business Administration, or related field. Relevant certifications (e.g., FRM, PRM, CFA) are a plus.Experience :
Minimum 3-5 years of experience in financial services, preferably in mutual fund / asset management industry, with at least 5 years in a senior risk leadership role.Skills and Competencies :
Strong understanding of SEBI regulations and industry compliance requirementsDeep knowledge of investment and operational risk frameworksExcellent analytical, strategic, and communication skillsHigh integrity and strong independent judgmentProven leadership and stakeholder management capabilityHow to Apply :
Send your Resume to [email protected] with the subject line : Application for Chief Risk Officer