Risk Management_For a leading AMC

Roles and Responsibilities 3. PRINCIPAL ACCOUNTABILITIES

( Accountabilities associated

1.

with the job)

Implementation of Risk Management Framework

A. To assist functions in understanding of internal Risk Management Framework & other associated

policies and resolve their queries / concerns associated with it.

B. To assist in creation of content bank for Risk Management related trainings / risk awareness

campaigns.

2.

Investment Risk Management

A. Monitoring of Passive limits on daily basis (Regulatory, Asset Allocation & Internal Risk) in Front

office system / equivalent tool.

B. Tracking the rebalancing timelines for open breaches.

C. Listening the voice recordings / calls of Investment function on daily basis and comparing the same

with trades executed on sample basis.

D. Assist team in tracking of Scheme Level Key Risk Indicators (KRIs) vis a vis the defined threshold levels

on periodic basis.

3.

Operational Risk Management

A. Performing ground level activities for Risk and Control Self-Assessment (RCSA) Process at a functional

level. Tracking periodic progress of RCSA and associated actionables.

B. Follow-up with stakeholders & obtaining inputs for preparation of KEY Risk Indicator (KRI) report at

AMC level

C. Helping function in Incident Reporting. Tracking actionables of Incident reporting.4.

Reporting & Analysis

A. Preparation & Reporting of internal Risk reports, Risk Dashboards on periodic basis.

B. Assist in analysis of various Risk reports prepared by and reported to Risk Team.

C. Timely reporting of deliverables to the functions / stakeholders.

5.

Risk Management Committee (RMC) Meeting

A. Assist in preparation of agenda papers and reports required for conducting the Risk Management

Committee Meetings on periodic basis.

B. Collating data from different function / stakeholders for RMCs.

C. Tracking and follow-up of actionables of RMC

D. Maintenance of Minutes of RMC

6.

Handling Internal & External Audits

A. Coordinating with auditors (Internal & External) for audit data requirement & facilitating the same in

timely manner.

B. Tracking & closing the audit actionables, if any.

7.

Review of Policies

A. Helping in review of Risk Management Framework and associated policies at a defined frequency

and proving inputs for keeping the same up-to date in line with the recent regulatory environment

and practices

B. Maintenance of Risk Management policy tracker.8.

Other

A. Any other Risk Management related adhoc activities, which may be required to be carried out on

need basis.4.

DECISIONS

(Key decisions taken by job holder at his / her end)

Following decisions are taken by the role :

5.

Ensuring that the BAU activities are completed and requisite information regarding the same is disseminated

to the stakeholders within internally defined timelines.

Assisting & query handling of stakeholders for risk management related monitoring and reporting.

CHALLENGES

(Challenges faced on an on-going basis in carrying out the job)

Following are the challenges faced by the role while carrying out the job :

Coordination and rigorous follow-up with stakeholders for timely delivery of actionables pertaining to their

function.

Getting the periodic deliverables from different stakeholders.6. INTERACTIONS

Internal Clients

Roles you need to interact with inside the organization to enable success in your day to day work

The role requires interaction with following internal stakeholders :

Work closely and in consultation with Operations, Investment & Compliance team.

Collaborating with other functions & leadership team on need basis.

External Clients

Roles you need to interact with outside the organization to enable success in your day to day work

The role requires interaction with following external parties on need basis :

Vendor & Outsourcing Partner - Registrar and Transfer Agent, Fund Accountant, Custodian

Rating Agency & Exchange

Regulator & Auditor7. SKILLS AND KNOWLEDGE

(Minimum acceptable proficiency for this job which best indicates the education and / or experience

requirements of this job and not the incumbent)

a) Qualifications

MBA in Finance / CA , FRM / CFA or Level 1 cleared candidate of FRM / CFA

b) Work Experience

Around 3-5 years of experience in the field of Risk Management in financial services industry.

Candidate who has worked in Operational Risk Management Function / Investment Risk Management Function

/ Enterprise Risk Management Function in Insurance, Banking and NBFCs shall also be considered.c) Personal Attributes / Behavioral skills

• Execution skills, Analytical bend of mind, Good communication skills, Solution oriented mindset, Good drafting

skills.

pressures, manage relationship with all the stakeholders.

d) System Competencies

e)

Knowledge

Base level understanding & knowledge of Risk Management standards, processes and procedures.

Base level understanding of Mutual Fund business.

Base level understanding of Capital Market products and related instruments