Vice President – Enterprise Risk Impeccable HR Consulting

The Corporate Institute; Delhi; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

The Corporate Institute in Delhi seeks a Vice President of Risk Management to own risk governance across credit, enterprise, operational, liquidity and regulatory risk, with a strong focus on regulatory reporting to the Board.

You will develop ERM and risk appetite frameworks, monitor key risks, coordinate RBI inspections, and ensure compliance with RBI regulations and other norms, while guiding senior management in risk-adjusted decision making.

Responsibilities

• Develop and implement the Enterprise Risk Management (ERM) framework and Risk Appetite Framework.
• Establish and strengthen the organisation’s risk monitoring and governance framework.
• Monitor and manage Credit, Operational, Liquidity, Compliance and other key enterprise risks.
• Conduct portfolio risk reviews, stress testing and Early Warning Signal (EWS) monitoring.
• Prepare and present risk reports and key risk insights to Senior Management and Board/Risk Management Committees.
• Oversee the Credit Audit function, ensuring adherence to credit policies, underwriting standards and regulatory requirements.
• Ensure compliance with RBI Master Directions, Circulars, Prudential Norms, Scale Based Regulation (SBR), Corporate Governance Guidelines and other applicable regulations.
• Supervise timely submission of RBI returns, regulatory filings, responses and compliance certifications.
• Coordinate RBI inspections, supervisory reviews and regulatory audits, including implementation and closure of observations.
• Liaise with RBI, statutory/internal auditors and other regulatory authorities on risk and regulatory matters.
• Work closely with senior management and business teams to ensure appropriate risk-adjusted decision-making and governance.
• Provide independent risk oversight while balancing business growth, portfolio quality and regulatory expectations.

Skills

ERM implementation

Risk Appetite Framework

Regulatory compliance

RBI regulations

Stakeholder management

Board reporting

Job description

VP Risk Management

The role will have broad ownership across Credit Risk, Enterprise Risk, Operational Risk, Liquidity Risk and Compliance Risk, with a strong focus on risk governance, regulatory compliance, portfolio monitoring and Board-level risk reporting.

Key Responsibilities:

• – Develop and implement the Enterprise Risk Management (ERM) framework and Risk Appetite Framework.
• – Establish and strengthen the organisation’s risk monitoring and governance framework.
• – Monitor and manage Credit, Operational, Liquidity, Compliance and other key enterprise risks.
• – Conduct portfolio risk reviews, stress testing and Early Warning Signal (EWS) monitoring.
• – Prepare and present risk reports and key risk insights to Senior Management and Board/Risk Management Committees.
• – Oversee the Credit Audit function, ensuring adherence to credit policies, underwriting standards and regulatory requirements.
• – Ensure compliance with RBI Master Directions, Circulars, Prudential Norms, Scale Based Regulation (SBR), Corporate Governance Guidelines and other applicable regulations.
• – Supervise timely submission of RBI returns, regulatory filings, responses and compliance certifications.
• – Coordinate RBI inspections, supervisory reviews and regulatory audits, including implementation and closure of observations.
• – Liaise with RBI, statutory/internal auditors and other regulatory authorities on risk and regulatory matters.
• – Work closely with senior management and business teams to ensure appropriate risk-adjusted decision-making and governance.
• – Provide independent risk oversight while balancing business growth, portfolio quality and regulatory expectations.

Ideal Candidate Profile:

• – Senior Risk professional with experience across multiple risk domains, rather than a single specialist risk function.
• – Strong experience in Enterprise Risk Management and Risk Appetite Framework implementation.
• – Strong understanding of Credit Risk, Operational Risk, Liquidity Risk and Compliance/Regulatory Risk.
• – Experience in ICAAP, stress testing, EWS and portfolio risk monitoring would be highly relevant.
• – Exposure to Credit Audit either through direct leadership or oversight.
• – Strong understanding of RBI regulations and NBFC regulatory framework, including SBR.
• – Experience in handling RBI inspections/supervisory reviews and regulatory observations.
• – Good exposure to Board/Risk Management Committee reporting and senior stakeholder management.
• – Knowledge/experience of project appraisal, project monitoring and recovery is expected, although direct involvement in project appraisal will not be the primary responsibility of the role.