Risk Officer - Asset Management

The Senior Risk Officer will lead and strengthen the AMC’s risk management framework across investment, operational, market, credit, liquidity, and regulatory risks. The role involves strategic oversight, advanced analytics, and proactive engagement with business and investment teams to ensure that all risks are identified, measured, monitored, and mitigated effectively.

Exp: 10+ years

Job description:

Enterprise & Investment Risk Management

• Lead the Enterprise Risk Management (ERM) framework across all business lines — mutual funds, PMS, and AIFs.
• Conduct portfolio risk assessments , including market, credit, liquidity, and concentration risk reviews.
• Develop and maintain risk matrices, KRIs, risk appetite statements , and scenario analysis for investment portfolios.
• Design and implement stress-testing and back-testing frameworks for investment and liquidity risk.
• Review new product proposals from a risk perspective and provide risk opinions to the Product Approval Committee.

2. Operational & Regulatory Risk

• Identify and assess operational risks across functions (investment operations, fund accounting, custody, RTA, IT, outsourcing, etc.).
• Implement a robust Operational Risk Event Reporting (ORER) and incident-tracking process.
• Ensure regulatory risk compliance with SEBI (MF / PMS / AIF), AMFI, and internal risk policies.
• Support Business Continuity Planning (BCP) and Disaster Recovery (DR) testing.

3. Governance & Reporting

• Prepare monthly and quarterly risk dashboards and reports for the Risk Management Committee , Board , and CRO .
• Track limit breaches, risk exceptions , and ensure timely closure of mitigation actions.
• Coordinate with Internal Audit , Compliance , and Investment Risk teams for cross-functional risk reviews.
• Support Board presentations and contribute to policy formulation and review cycles .

4. Data, Analytics & Risk Systems

• Drive adoption of risk analytics tools and dashboards (e.g., Power BI, Excel VBA, Python-based analytics preferred).
• Integrate quantitative risk measures into portfolio and operational monitoring (e.g., VaR, tracking error, stress metrics).
• Continuously improve automation, data accuracy, and timeliness of risk reporting.

5. Culture & Leadership

• Act as a risk business partner to investment, product, and operations heads — enabling informed decision-making.
• Promote a risk-aware culture through workshops, training, and risk communications.
• Mentor junior analysts within the risk function.

Qualification:

• Postgraduate degree in Finance, Economics, Business Administration, or Commerce (MBA / PGDM preferred).
• Professional certifications such as FRM (GARP) , CFA , or PRM highly desirable.
• Experience in a risk, compliance, or investment oversight role within an AMC, PMS, AIF, or large financial institution.