Manager/Senior Manager – Enterprise Risk Management – NBFC Mirus Opportunities

The Corporate Institute; Mumbai; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

The Corporate Institute in Mumbai seeks a risk professional to support the Enterprise Risk Management framework, with ownership across operational risk, fraud risk oversight, ICAAP, outsourcing risk and board reporting. You will work closely with the Chief Risk Officer and senior leadership.

Ideal candidates have 4–8 years of NBFC/financial services risk experience, strong analytical and presentation skills, and relevant qualifications (CA or MBA Finance).

Qualifications

• 4–8 years of risk management experience in NBFC/bank/financial services.
• Solid understanding of Enterprise Risk Management and risk indicators.
• Experience in risk governance and senior management reporting.
• Exposure to fraud risk, early warning signals, ICAAP and outsourcing risk management.
• CA or MBA Finance or equivalent risk qualification.

Responsibilities

• Support design, implementation and enhancement of the Enterprise Risk Management framework.
• Strengthen operational risk management and risk monitoring activities.
• Monitor fraud trends and enhance prevention controls and reporting.
• Develop early warning signal frameworks for retail and corporate portfolios.
• Assist with ICAAP documentation, stress testing and outsourcing risk management.
• Prepare risk dashboards and governance presentations for executives and boards.

Skills

Enterprise Risk Management

Risk governance

Fraud risk

MIS

Stakeholder engagement

Presentation skills

Financial analysis

Education

Chartered Accountant

MBA Finance

Job description

Role Overview

A leading, professionally managed Non-Banking Financial Company (NBFC) operating across secured retail lending and structured finance is seeking a risk professional to work closely with the Chief Risk Officer. The role will support the design, implementation and enhancement of the Enterprise Risk Management framework, with ownership across operational risk, fraud risk oversight, early warning signals, Internal Capital Adequacy Assessment Process (ICAAP), outsourcing risk and Board-level risk reporting. Exposure to senior leadership and cross-functional risk initiatives is integral to the role.

Key Responsibilities

• – Support the implementation and enhancement of the Enterprise Risk Management framework, including risk appetite metrics, key risk indicators and periodic risk assessments.
• – Strengthen operational risk management through Risk and Control Self-Assessments, control reviews, operational loss monitoring and risk mitigation.
• – Monitor fraud trends, support root cause analysis and enhance fraud prevention controls and management reporting.
• – Develop and monitor early warning signal frameworks for retail and corporate portfolios, identifying emerging stress and asset quality risks.
• – Support Internal Capital Adequacy Assessment Process documentation, stress testing, scenario analysis and outsourcing risk management.
• – Prepare risk dashboards and presentations for executive management, the Risk Management Committee and the Board Risk Committee, and coordinate risk governance activities.

Ideal Candidate Profile

• – 4 – 8 years of relevant risk management experience within an NBFC, bank or financial services organisation.
• – Strong understanding of Enterprise Risk Management, risk appetite frameworks, key risk indicators and operational risk management.
• – Experience in risk governance, management information systems and preparing presentations for senior management and Board-level committees.
• – Exposure to fraud risk, early warning signals, capital adequacy assessment and outsourcing risk management.
• – Chartered Accountant, Master of Business Administration in Finance, or a relevant risk management qualification from a reputed institution.
• – Strong analytical, communication and presentation skills, with the ability to engage senior leadership and cross-functional stakeholders. Exposure to corporate credit risk, financial statement analysis, credit appraisal and sector assessment is an advantage.