Risk Governance and Strategy:

• Develop and implement risk management policies, procedures, and frameworks aligned with the bank to its subsidiary’s objectives, risk appetite, and regulatory requirements.

• Define risk management strategies and ensure their integration into the overall business strategy.

• Provide guidance and direction to senior management and the board on significant risk issues.

Risk Assessment and Monitoring:

• Identify, assess, and prioritize risks across all

business units and activities, including

Information security risk, operational risk, business continuity and compliance risk.

• Implement robust risk measurement methodologies and tools to quantify and monitor risks effectively.

• Establish key risk indicators (KRIs) and triggers to enable early warning of emerging risks.

Risk Mitigation and Controls:

• Develop and implement risk mitigation strategies and controls to minimize exposure to identified risks.

• Ensure the adequacy of risk controls and procedures through regular reviews, testing, and validation.





• Collaborate with business units to implement remedial actions and enhancements to mitigate identified risks.

Regulatory Compliance:

• Stay abreast of regulatory developments and ensure compliance with relevant laws, regulations, and industry standards.

• Liaise with company secretary, Chief Financial officers and regulators on risk-related matters, examinations, and audits.

• Prepare and submit required risk management reports to regulatory authorities and the board.

Risk Culture and Awareness:

• Promote a solid risk culture across the organization by fostering awareness, accountability, and transparency.

• Provide training and educational programs on risk management principles and practices to employees at all levels.

• Encourage open communication and collaboration to facilitate the identification and escalation of risks.

Conducting Internal Audits:

• Plan and execute comprehensive internal audits to assess

📌 Chief Risk Officer (Chennai)
🏢 IGSSL
📍 Chennai