Group Chief Risk Officer – Agri Commodities/NBFC One World HR

The Corporate Institute; Mumbai; On-site; INR 2,400,000 - 3,600,000; Full time

Job summary

The Corporate Institute in Mumbai invites a seasoned Group Chief Risk Officer to spearhead enterprise risk management across a diversified, multi-entity group. The role covers credit, market, collateral, liquidity, regulatory, operational and cross-border risks, with direct reporting to the Group CEO and BoardRisk Committee.

Ideal candidates bring 15+ years in risk leadership, CA/MBA/CFA, and FRM/PRM credentials, with strong exposure to NBFCs or commodity trading.

Qualifications

• CA / MBA (Finance) / CFA or equivalent postgraduate qualification.
• FRM / PRM certification would be an added advantage.
• Over 15 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 Agri-commodity businesses, Commodity trading, Warehousing / collateral management, NBFC lending, Trade finance, Banking / financial institutions or 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.

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.

Skills

Enterprise Risk Management

Credit risk

Commodity risk

Stakeholder management

Board-level communication

Education

CA

MBA (Finance)

CFA

Tools

FRM/PRM certification

Job description

Job Title: Group Chief Risk Officer

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.
• Over 15 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: Agri-commodity businesses, Commodity trading, Warehousing / collateral management, NBFC lending, Trade finance, Banking / financial institutions or 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