Job Description: Settlement Risk Management

Position: Associate level

Number of Positions: 01

Location: Mumbai

Qualification: Graduate or MBA, preferably in Finance, Risk Management, Banking, Economics, or Data
Analytics

Experience: 3 to 6 years

Role Summary

The role is responsible for identifying, assessing, monitoring, and mitigating risks associated with payment
clearing and settlement activities. The candidate will support settlement risk governance, policy
development, risk monitoring, analytics, and implementation of risk-management tools.

Key Responsibilities

• Identify and monitor settlement-related credit, liquidity, operational, concentration, and participant
default risks.

• Monitor settlement exposures, risk limits, collateral adequacy, liquidity positions, breaches, and
exceptions.

• Develop and maintain settlement risk policies, procedures, risk indicators, dashboards, and
management reports.

• Support stress testing, scenario analysis, participant risk assessments, and default-management
preparedness.





• Recommend appropriate controls and mitigation measures to reduce settlement risk.

• Provide oversight, review, and challenge to the First Line of Defense.

• Assist risk owners in identifying key risks, control gaps, and corrective action plans.

• Collaborate with internal teams and vendors on the implementation and enhancement of GRC and
risk-management tools.

• Analyze risk data to identify trends, anomalies, and emerging risks.

• Perform risk-governance activities and prepare updates for senior management and relevant
committees.

Risk Governance and Framework

• Support the enhancement and implementation of the Settlement Risk Management Framework in
line with the organization’s Enterprise Risk Management Framework and risk appetite.

• Prepare and update risk policies, standards, process documents, operating procedures, risk
registers, assessment reports, and governance materials.

• Provide independent oversight, review, challeng

📌 Associate SRM Operations (India)
🏢 National Payments Corporation Of India (NPCI)
📍 India