Chief Risk Officer
Location
Mumbai, Navi Mumbai
Experience
10–20 years
Required Skills
About the Role
Chief Risk Officer - Capital & Insurance
The position is with BFSI Company and they are looking Chief Risk Officer for NBFC & Insurance Business
Location - Mumbai
Key Responsibilities :
A) Operations of group companies in the Life & General Insurance and Stockbroking sectors.
B) Compliance with DTD stipulations for NCD funding obtained by the Company
C) Regulatory compliance since company is a NBFC-CIC and regulated by RBI
Key qualifying criteria would be as follows:
A) Familiarity with RBI regulations and reporting requirements of NBFCs/CICs
B) Familiarity with IRDAI Regulations & Reporting requirements of Insurance entities
C) Track record of building or running an Group Risk Framework in a holding/investment company
D) Experience with covenant monitoring for NCDs
E) At least 10 years in above and must be a Actuary/CA/MBA or equivalent. However, relevant experience rather than high qualification will be the selection criteria.
Candidates with following experience would be ranked higher:
A) Familiarity with SEBI Regulations & Reporting requirements of Stockbroking entities
B) Familiarity with FEMA compliance since Company is a Foreign Owned and Controlled Company as per FEMA norms
C) Experience of working with Risk Management Committee of the Board since CRO is expected to make quarterly updates to the Board
Suitable candidates may apply with their updated profiles along with the below details in resume/cover letter:
Current CTC:
Notice Period:
Expected CTC:
Ideal Candidate
A seasoned risk architect who has built or scaled group-wide risk frameworks across multiple BFSI regulators—particularly someone who has navigated RBI NBFC-CIC compliance while simultaneously managing IRDAI insurance entity risk governance.
Estimated Salary Range(medium confidence)
₹35 L – ₹65 L per year
Likely Interview Questions
- 1.Walk us through a group risk framework you built from scratch—how did you align NBFC-CIC, Life Insurance, and Stockbroking entities under one governance structure?
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