Website One World HR
Chief Risk Officer – Group
Location: Andheri East, Mumbai
Reporting To: Group CEO, with functional reporting to the Board Risk Management Committee
Experience: 15 – 22 years
Industry Preference: Agri Commodities, Commodity Trading, NBFC, Trade Finance, Warehousing & Collateral Management, Banking
About the Role
We are looking for a seasoned Chief Risk Officer (CRO) to lead the Group-wide Enterprise Risk Management function across a diversified, multi-entity and multi-geography business.
The role will have end-to-end responsibility for identifying, assessing, monitoring and mitigating risks across credit & counterparty risk, commodity price risk, collateral & warehousing risk, trade finance, liquidity & treasury, regulatory & compliance, operational, technology/cyber and cross-border risks.
Key Responsibilities
– Design and implement a comprehensive Group-wide Enterprise Risk Management (ERM) framework, including risk appetite, risk taxonomy, limits, policies and governance structures.
– Establish consolidated risk registers, KRIs, risk dashboards and escalation mechanisms across entities.
– Oversee collateral, warehousing and custodial risks, including stock reconciliation, warehouse audits, quality/quantity risk, insurance and warehouse receipt controls.
– Develop frameworks for commodity price and market risk, including exposure limits, MTM monitoring, concentration risk and hedging.
– Lead credit, counterparty and trade finance risk, including due diligence, credit limits, exposure monitoring and settlement-risk controls.
– Partner with the NBFC business on credit underwriting, portfolio quality, NPA/stressed assets, provisioning and recovery risks.
– Monitor liquidity, ALM, interest-rate, refinancing, leverage and covenant risks across the Group.
– Oversee FX and cross-border risks arising from international commodity trade and overseas operations.
– Ensure appropriate oversight of regulatory and compliance risks, including RBI, WDRA and applicable commodity exchange regulations.
– Establish a strong operational, fraud and technology/cyber risk framework, including incident management and business continuity.
– Assess climate, ESG and reputational risks and their potential impact on the Group.
– Provide independent risk assessment and challenge on major credit exposures, trade finance transactions, new businesses, products and geographies.
– Prepare and present periodic risk reports, portfolio reviews and KRI dashboards to the CEO, CFO, Risk Management Committee and Board.
– Build and lead the Group Risk function and develop risk capabilities across key business entities.
Candidate Profile
– CA / MBA (Finance) / CFA or equivalent postgraduate qualification.
– FRM / PRM certification would be an added advantage.
– 15 – 22 years of progressive experience in risk management, credit risk, commodity trade finance or treasury.
– At least 5 – 7 years in a CRO / Head of Risk / senior risk leadership role.
– Strong exposure to one or more of the following is preferred:
1. Agri-commodity businesses
2. Commodity trading
3. Warehousing / collateral management
4. NBFC lending
5. Trade finance
6. Banking / financial institutions
7. Commodity exchanges
– Proven experience in building or scaling an enterprise risk function across multiple entities/geographies.
– Exposure to NBFC/RBI regulatory risk and cross-border trade risk is preferred.
– Experience interacting with Boards, Risk Committees, rating agencies, banks and financial institutions.
Core Competencies
– Strong understanding of credit, commodity price and collateral/custodial risk
– Enterprise Risk Management and risk governance
– Strong analytical and quantitative capabilities
– Risk modelling, exposure limits and portfolio analytics
– Strong stakeholder management and Board-level communication
– Ability to independently challenge business decisions while maintaining commercial pragmatism
– High integrity and sound risk judgment
– Ability to operate effectively across a complex, multi-entity environment
To apply for this job please visit www.iimjobs.com.
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