Director - Risk Modeling and ECL
Job Title: Director – Risk Modeling & ECL Mangemnet
Location: Mumbai
About the Role:
We are seeking an accomplished leader in risk management to drive credit risk modeling, regulatory compliance, portfolio analytics, and enterprise risk strategy for our NBFC. The ideal candidate brings 11+ years of experience in financial risk and modeling, excels at team leadership, and offers deep expertise with Basel II/III, IFRS9, ICAAP, and credit analytics, with exposure across Indian and international markets.
Key Responsibilities:
• Lead a high-performing team in the development, validation, and implementation of risk models (PD, LGD, EAD, EWS, risk-based pricing, analytics dashboards, etc.)
• Oversee the review and enhancement of risk management frameworks (Basel norms, IFRS9, ICAAP, ERM).
• Guide the establishment and ongoing review of early warning systems and portfolio risk monitoring to aid business decision-making.
• Ensure regulatory compliance with RBI and global standards—supporting audits, regulatory filings, stress testing, capital planning, and risk appetite statements.
• Act as a subject-matter expert and advisor to management, enabling the integration of robust risk culture/practices across the NBFC.
• Collaborate cross-functionally with business heads, IT, product, and finance for unified risk reporting and internal controls.
• Engage directly with external stakeholders (auditors, consultants, regulators) on risk, compliance, and IPO support.
• Utilize advanced risk and financial analytics tools (OFSAA, Finacle, Tally, MS Office).
Qualifications:
• Chartered Accountant (CA) and Financial Risk Manager (FRM)
• Minimum 11 years’ experience in NBFC/banking/consulting, with a strong portfolio in regulatory compliance, risk modeling, and team leadership
• Hands-on experience with model review/validation frameworks (Basel II/III, IFRS9, ICAAP, portfolio monitoring, risk analytics)
• Proven success in managing regulatory projects across geographies (India, UK, MENA is a plus)
Skills:
• Exceptional expertise in financial and credit risk analytics
• Strong understanding of NBFC and RBI regulatory landscape
• Excellent leadership, communication, and cross-functional collaboration abilities
• Analytical, detail-oriented, and proactive in process improvement
What We Offer:
• Opportunity to shape and strengthen the NBFC’s risk culture and frameworks
• Exposure to innovative risk analytics and high-impact decision-making
• Supportive, growth-oriented leadership culture
• Competitive compensation, benefits, and professional development opportunities