Risk Manager

Zerodhafundhouse; Bengaluru; On-site; INR 1,000,000 - 2,000,000; Full time

Job summary

Zerodha Fund House is seeking a Risk Management professional with 5-10 years of experience to implement their Risk Management Framework across the Asset Management Company. The role includes monitoring compliance with SEBI regulations and collaborating with various stakeholders to develop best practices.

The ideal candidate will have strong analytical skills, knowledge of financial services, and the ability to interpret risk data for effective strategies. Join us in empowering the next generation of investors in India.

Qualifications

• 5-10 years of experience in risk management or related areas.
• Strong understanding of SEBI regulations in financial services.
• Proficient in risk data analysis and mitigation strategies.

Responsibilities

• Implement and govern the Risk Management Framework across AMC.
• Monitor compliance with risk management and SEBI regulations.
• Assist the CRO in risk monitoring and reporting processes.

Skills

Risk management principles

SEBI regulations

Analytical skills

Communication skills

Problem-solving skills

Job description

Zerodha Fund House

Enabling the Next Generation of Indian Investors

At Zerodha Fund House, we are redefining the mutual funds landscape to create simple, transparent, and cost-effective investment solutions for millions of Indians. Built by the pioneers behind Zerodha Broking Ltd and Case Platforms Ltd, we are on a mission to empower the next 10 crore investors in India to participate in and grow the capital markets.

We are expanding our team and seeking passionate, analytical, and detail-oriented individuals to join us.

Responsibilities

• Implement and govern the Risk Management Framework (RMF) across the Asset Management Company (AMC) and Mutual Fund Schemes.
• Monitor and ensure adherence to the RMF and compliance with SEBI regulations.
• Assist the CRO in formulating and implementing risk monitoring and reporting processes to the CEO, RMC, Board, and the Trustees.
• Formulate / govern the Enterprise Risk Management and Operational Risk Management principles
• Oversee / assist the CRO to monitor the Investment Risk, Credit Risk and Portfolio Monitoring aspects of the schemes of the Mutual Fund
• Collect and analyze operational risk data, monitor losses, and develop risk mitigation strategies with the functional heads
• Review and update risk-related policies, ensuring alignment with the risk appetite and metrics defined by the CEO and the Board from time to time.
• Assist in building operational risk registers, fraud risk registers, and response plans.
• Measure and review AMC and scheme-specific risks, including RCSA.
• Assess key risks associated with third-party service providers and evaluate cyber-risk policies.
• Conduct stress testing for investment, credit, and liquidity risks.
• Report existing and emerging risks to the Board Risk Management Committee.
• Assist the CRO in conducting Risk Management Committee meetings and reporting monthly outcomes of Risk Management to the CEO and management.
• Assist the CRO for internal and external committee meetings
• Partner with stakeholders to develop and implement risk management best practices.

Qualifications Required

• 5-10 years of experience in a similar work set up
• Strong understanding of SEBI regulations and risk management principles within the Financial Services Industry (eg. Asset Management, Insurance, Fintechs, NBFCs etc.)
• Experience in implementing and managing risk management frameworks.
• Ability to collect, analyze, and interpret risk data to develop effective mitigation strategies.
• Strong analytical and problem-solving skills.
• Excellent communication and reporting skills.
• Ability to collaborate effectively with various stakeholders.
• Knowledge of investment, credit, and liquidity risk assessment.
• Proficiency in conducting stress tests and analyzing results.