Chief Risk Officer - NBFC

Michael Paige

Website: michaelpage.com
Job details:

• Leadership role
• Meritocratic Culture
  
  
  

About Our Client

Our client is a Top NBFC in the Indian market

Job Description

• Credit Risk Management (Secured & Unsecured Lending)
• Lead policy formulation for underwriting, credit scoring, risk-based pricing, and portfolio management.
• Oversee credit approval frameworks for retail, MSME, consumer finance, and asset-backed loans.
• Monitor and manage portfolio quality, early warning systems, and stress testing frameworks.
• Build advanced analytics models (scorecards, LGD/PD/EAD models) to drive profitable growth.
• Risk Strategy & Governance
• Define and implement the organization's enterprise risk management (ERM) framework.
• Establish risk appetite in collaboration with the Board and senior leadership.
• Build and maintain governance mechanisms across credit, operational, market, and compliance risks.
• Drive adoption of risk-based decisioning across all business functions.
• Collections & Fraud Risk
• Strategize collection frameworks, loss forecasting, and recovery models.
• Establish fraud prevention controls, digital fraud monitoring, and risk intervention strategies.
• Build relationships with legal partners, agencies, and law enforcement to improve recovery efficiency.
• Operational & Regulatory Risk
• Ensure compliance with RBI guidelines applicable to NBFCs (Fair Practices Code, KYC/AML, Co-Lending, Securitization, Sourcing norms).
• Lead risk assessment for products, processes, and digital channels.
• Oversee audit readiness, reporting, and coordination with internal/external auditors.
• Technology, Digital & Analytics
• Lead digital risk transformation initiatives including automated underwriting, AI/ML-driven decision engines, and rule-based systems.
• Partner with technology teams to strengthen system controls, data integrity, and cyber risk measures.
• Drive implementation of risk reporting dashboards using BI/analytics tools.
• Leadership & Stakeholder Management
• Lead and mentor a high-performing risk team across credit, collections, fraud, and operational risk functions.
• Collaborate with business, product, and finance teams to balance risk with growth objectives.
• Present portfolio insights and risk assessments to the Board, investors, and regulatory authorities.
  
  
  

The Successful Applicant

Minimum 16+ years in risk management, with extensive exposure to both secured and unsecured lending.

Strong experience with retail lending, MSME finance, consumer loans, personal loans, business loans, and asset-backed products (LAP, auto, gold, two-wheeler, etc.).

Proven track record of managing large loan portfolios at an NBFC, bank, or fintech.

Demonstrated success in implementing digital underwriting, credit scorecards, and data-driven risk tools.

What's On Offer

Opportunity to head the entire Risk Management for a fast growing NBFC in the Indian market

Contact: Shubham Kathuria

Quote job ref: JN-032026-6968314 Click on Apply to know more.