Head – Integrated Risk Management – Banking/NBFC Skillventory

The Corporate Institute; Mumbai; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

The Corporate Institute is seeking a Head Integrated Risk Management in Mumbai to guide strategic risk oversight across credit, market and operational domains. The role reports to the GCRO and requires 15+ years in banking risk management with strong leadership experience.

Key initiatives include implementing ERM, RMIS, and AI-enabled risk scoring while aligning risk appetite with aggressive expansion. The candidate will engage with regulators and senior stakeholders to standardize risk

Qualifications

• MBA from a Tier-1 institute or CA or FRM/PRM qualifications.
• 15+ years in banking/NBFC risk management, with at least 5 years in senior leadership.
• Experience leading tech-for-risk initiatives and risk data/analytics platforms.

Responsibilities

• Strategic oversight of risk across Credit, Market, and Operational domains for the group.
• Design and implement ERM frameworks for a high-growth, digital-first ecosystem.
• Lead RMIS selection, implementation, and real-time risk monitoring dashboards.

Skills

Analytical Rigor

Change Management

Communication

Education

MBA from a Tier-1 institute

CA

FRM (GARP)

PRM

Tools

LOS/LMS systems

Automated risk scoring

Data lake integrations

RMIS

Job description

Attribute Details:

Position Title: Head Integrated Risk Management

Reporting To: Group Chief Risk Officer (GCRO)

Location: Mumbai

Experience: 15+ Years in Banking/NBFC Risk Management

Key Responsibilities:

1. Strategic Risk Oversight:

• – Act as a strategic advisor to the GCRO, providing a consolidated view of risk across Credit, Market, and Operational domains.
• – Design and implement Enterprise Risk Management (ERM) frameworks tailored for a high-growth, digital-first financial ecosystem.
• – Ensure alignment of risk appetite with the groups aggressive business expansion goals.

2. Risk Technology & Digital Transformation:

• – Lead the selection, implementation, and optimization of Risk Management Information Systems (RMIS) and automated decisioning engines.
• – Collaborate with Data Science and Engineering teams to integrate AI/ML models into real-time credit underwriting and fraud detection.
• – Drive the transition from manual, periodic reporting to real-time, data-driven risk monitoring dashboards.

3. Regulatory & Compliance Leadership:

• – Ensure the group remains ahead of RBIs Scale Based Regulations (SBR) and evolving global standards like Basel III/IV.
• – Manage high-level interactions with regulatory bodies, internal audit committees, and external stakeholders.
• – Standardize risk reporting formats for Board-level presentations and regulatory submissions.

4. Cross-Functional Risk Management:

• – Oversee Operational Risk frameworks, focusing on cybersecurity, third-party risk, and business continuity in a tech-heavy environment.
• – Review and validate internal credit rating models and stress testing methodologies.

Candidate Requirements:

Education & Experience:

• – Qualifications: MBA from a Tier-1 institute, CA, or professional certifications like FRM (GARP) / PRM.
• – Tenure: Minimum 15 years of post-qualification experience, with at least 5 years in a senior leadership role within a large Private Sector Bank, Foreign Bank, or top-tier NBFC.
• – Tech Expertise: Proven experience in leading “Tech-for-Risk” initiatives (e.g., implementing LOS/LMS systems, automated risk scoring, or data lake integrations).

Competencies:

• – Analytical Rigor: Ability to dissect complex financial data and translate it into actionable risk mitigation strategies.
• – Change Management: Experience leading teams through organizational growth and digital pivots.
• – Communication: Exceptional ability to articulate risk concepts to non-risk stakeholders and the executive leadership.