Risk Manager

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.