Risk Head

Vistaar Financial Services Private Limited; Bengaluru; On-site; INR 3,000,000 - 6,000,000; Full time

Job summary

Vistaar Financial Services Private Limited in Bengaluru invites a seasoned Head of Risk to lead risk management across lending portfolios including LAP, housing, gold, MSME, and other products. You will support the Chief Risk Officer to design and implement a robust framework, ensuring proactive identification, monitoring and mitigation of risks.

The role emphasizes portfolio analytics, fraud risk management, and credit risk governance.

Qualifications

• 15–20 years of NBFC/Banking or retail lending risk management experience.
• Graduate; MBA/CA/CFA/FRM preferred.
• Strong knowledge in ERM, credit risk, portfolio analytics, risk modelling and regulatory compliance.

Responsibilities

• Monthly monitoring and analysis of risk metrics and portfolio parameters.
• Develop and maintain early warning signal mechanisms.
• Lead fraud risk management activities and risk checks through the RCU.
• Oversee policy-related responsibilities and updates to risk models.
• Support risk committee presentations and manage the team.

Skills

ERM

Credit Risk

Portfolio Analytics

Risk Modelling

Regulatory Compliance

Education

MBA/CA/CFA/FRM preferred

Job description

Job Description - Head of Risk

Job Role: Head of Risk

Department: Risk

Location: Bangalore HO

Reporting To: Chief Risk Officer

Grade: V25/V26

Job Purpose

To support the Chief Risk Officer in developing and implementing a robust risk management framework across LAP, Housing Loans, Gold Loans, MSME Loans and other lending products while ensuring effective identification, monitoring and mitigation of risks.

Portfolio Analysis

• Monthly Monitoring and analysis of Bounce trend for different parameters.
• Portfolio Analysis on movement of PAR, NPA on monthly basis
• Portfolio Analysis of critical policy parameters on monthly basis and develop action plans for policy updations.
• Develop Early warning signal mechanisms.

Fraud Risk Management

• Handle Fraud Risk Management activities.
• Conduct discreet checks
• Handle RCU Team for Risk checks and maintain TAT

Credit Risk Management

• Manage the policy related responsibilities
• Manage Business rule engine and system related updations
• Deviation analysis w.r.t portfolio parameters

Other Responsibilities

• Support Chief Risk Officer in Risk committee meeting presentations.
• Manage the team members effectively.

Job Requirements

• Qualification: Graduate; MBA/CA/CFA/FRM preferred
• Experience: 15-20 years in NBFC, HFC, Banking or Retail Lending Risk Management
• Functional Competencies: ERM, Credit Risk, Portfolio Analytics, Risk Modelling, Regulatory Compliance