The Head of Retail Risk effectively implements & manages Retail Risk for the bank as per policy and framework. Assess and Mitigate Credit Risk for Retail Assets (Personal Loan, Commercial Vehicles, Construction Equipment, Home Loans, Loan Against Properties , Business Instalment Loans, Loan Against Gold, Loan Against Securities) including:

- Operational Risk

- Products & Processes

- Key Risk Indicators

- Risk Control & Self-Assessment

- Other Key Risk Metrics. Experience of minimum 15 -18 years, preferably in BFSI. MBA/CA. Job role in Retail Banking Liabilities Products/Business Development field/Risk. Good Relationship Management & service focus Skills. Good Communication & Presentation Skills.

We are seeking a highly experienced Head of Risk Management to lead the retail banking risk function, covering liabilities products, business development risk oversight, and operational risk management. The role requires a proven leader who can design and implement robust risk frameworks, ensure compliance with regulatory requirements, and collaborate closely with business teams to enable growth while mitigating risk. The ideal candidate will combine technical risk expertise with exceptional relationship management and communication skills.

Key Skills & Qualifications:

MBA or Chartered Accountant (CA) preferred.

15-18 years of experience in Retail Banking, with focus on:

- Liabilities products

- Business development risk oversight

- Operational and retail risk management

- Deep understanding of risk frameworks, regulatory guidelines, and internal controls in the banking sector.

- Strong knowledge of risk assessment methodologies for retail banking products.

- Expertise in operational risk, compliance risk, and fraud prevention.

- Experience leading enterprise-wide risk governance frameworks.

- Data-driven decision-making with strong analytical skills.

- Excellent relationship management and service orientation.

- Strong communication and presentation skills.

- Ability to influence senior stakeholders and regulators.

- Strategic thinking with hands-on execution capability.

Responsibilities:

- Define and implement the retail banking risk strategy in alignment with business growth objectives.

- Oversee the design and execution of risk management frameworks for liabilities products and business development activities.

- Act as the primary advisor to senior management on emerging retail banking risks.

- Lead the identification, assessment, monitoring, and mitigation of operational risks across retail banking channels.

- Ensure adherence to regulatory requirements and internal policies.

- Develop and monitor key risk indicators (KRIs) and thresholds.

- Oversee periodic risk reviews and audits.

- Collaborate with compliance and legal teams to address regulatory changes.

- Maintain transparent communication with regulators and auditors.

- Lead and mentor the risk management team.

- Foster a risk-aware culture across retail banking business units.

- Work closely with product, operations, and business development teams to embed risk controls in processes.

- Competitive salary and performance incentives.

- Leadership role in a high-impact function.

- Opportunity to shape the risk culture in a growing retail banking environment.