Risk Officer

a) Credit Risk

• Monitor the Banks overall credit risk exposure across various portfolios, products, sectors and borrower categories.
• Review and analyze the Banks credit portfolio quality, including NPA, SMA, overdue and stressed accounts.
• Monitor credit concentration risk by borrower, group, industry, geography and product.
• Monitor compliance with Board-approved credit risk policies, exposure limits and prudential norms.
• Analyze portfolio trends and identify emerging credit-risk areas.
• Review credit risk indicators and prepare periodic Credit Risk MIS for Risk Management Committee / Board-level committees.
• Monitor deviations from approved credit policies and delegated lending powers.
• Conduct independent review of credit proposals, where required, from a risk perspective.
• Assess the adequacy of credit risk mitigants, including collateral, guarantees and other security.
• Monitor large exposures and vulnerable/stressed sectors.
• Participate in stress testing and scenario analysis of the credit portfolio.
• Coordinate with Credit, Recovery, Finance, Audit and other relevant departments for risk identification and mitigation.
• Recommend appropriate corrective actions for identified credit-risk concerns.

b) Operational Risk

• Establish and maintain an effective Operational Risk Management Framework.
• Identify and assess operational risks arising from people, processes, systems and external events.
• Maintain and periodically update the Banks Risk & Control Matrix (RACM).
• Identify and monitor Key Risk Indicators (KRIs) for critical business processes.
• Capture, analyze and monitor operational risk incidents and losses.
• Conduct Risk and Control Self-Assessment (RCSA) across departments / business units.
• Identify process gaps and recommend appropriate controls and mitigation measures.
• Monitor operational risk arising from:
• Branch operations
• Digital banking
• Payments and settlements
• Cash operations
• KYC/AML processes
• IT systems
• Outsourcing
• Fraud
• Business continuity
• Vendor management
• Analyze root causes of operational loss events and recommend preventive measures.
• Monitor compliance with internal controls and approved operating procedures.
• Coordinate with Internal Audit, Information Security, Compliance, IT and Business functions on operational risk matters.
• Monitor implementation of risk mitigation actions within stipulated timelines.