930 Risk Specialists jobs in India

Hiring For USA Based Multinational Company

We are seeking a detail-oriented Financial Risk Analyst to join our Risk Management team. The ideal candidate will be responsible for identifying, analyzing, and managing potential financial risks to the organization. This includes evaluating market conditions, economic trends, credit risks, and operational risks, and providing recommendations to mitigate financial exposure. The role involves utilizing data analysis, financial modeling, and forecasting techniques to assess risk, ensuring that the company’s financial health and objectives are protected.

• Identify, assess, and monitor financial risks including market, credit, operational, and liquidity risks across all business units.
• Conduct financial analysis, stress tests, and scenario modeling to evaluate the potential impact of various risk factors on the organization’s financial position.
• Use quantitative and qualitative risk assessment techniques to provide actionable insights to senior management and business stakeholders.
• Build and maintain financial models to forecast potential risks under different economic conditions and market scenarios.
• Perform sensitivity analysis on financial metrics such as interest rates, exchange rates, commodity prices, and credit spreads.
• Provide forecasts on potential risk impacts and recommend risk-mitigating actions (e.g., hedging, diversification).
• Prepare regular risk reports, including risk dashboards and performance metrics, to update stakeholders on the organization’s exposure to financial risks.
• Document risk management processes, methodologies, and strategies, ensuring that all analyses are clearly communicated and comply with regulatory requirements.
• Present risk findings to senior management, risk committees, and relevant stakeholders.
• Evaluate the creditworthiness of potential clients, vendors, and business partners, using financial analysis and credit scoring models.
• Monitor and review outstanding loans, investments, and credit portfolios to ensure they align with risk tolerance limits and business objectives.
• Develop and implement strategies to minimize credit risk exposure, including setting up appropriate credit limits and payment terms.
• Monitor financial markets and economic indicators to identify trends and potential risks affecting the company’s assets and liabilities.
• Analyze the company’s liquidity position, ensuring adequate cash flow and working capital are available to meet short-term obligations.
• Advise management on strategies to manage market risks, including the use of hedging instruments, diversifying investments, or altering portfolio allocations.
• Ensure compliance with financial risk management regulations, including those related to Basel III, Dodd-Frank, MiFID II, and other relevant local and international standards.
• Assist in audits and regulatory reviews of financial risk management practices and controls.
• Stay current on changes in financial regulations and adjust risk management policies and procedures accordingly.
• Work closely with other departments, such as accounting, treasury, and operations, to develop and implement effective risk management strategies.
• Provide strategic recommendations for mitigating risk while supporting the company’s financial goals.
• Collaborate with external stakeholders, such as auditors, consultants, and regulators, to improve risk management practices.

'1. Responsible for Financial Risk related Reporting to Region/Group

2. Adoption and Implementation of Generali Group Policies and Guidelines

3. Monitoring and Control of Regulatory/Group/Risk Appetite Framework (RAF) Limits

4. Prepare Risk Opinion on Business case on investment instruments/limits, Capital infusion plan/proposals and Intra group transactions

5. Calculation and review of liquidity ratios on periodic basis

6. Analysis of changes in Solvency Ratio based on input from Finance and Actuary teams to ensure adherence to regulatory limits/RAF

7. ALM monitoring & SAA analysis and review

8. Capital Infusion – Analysis of capital requirements to remain within RAF limits

9. Credit and Counterparty Risk Assessment

10. Calculation of risk margin for Solvency II reporting

Project Related Skills -

Co-ordinating with auditors during audits & limited reviews.

Ability to prepare reports/presentations for facilitating discussions at various levels vizzz. Leadership Team, Management Steering Committees, Board committees, Regulatory Requirements etc.

Skills

Business Acumen - Understanding of Insurance Industry/Risk

Excel and Data Analysis, Modeling Skills

Logical Thinking and Reasoning Skills

Communication Skills - Written and Verbal

Education and Experience

Preferably MBA and/or Certifictions (CFA/FRM, Risk)

3-7 Years Experience in Insurance/Financial Services/Actuarial/Risk

• Identify and assess financial risks across the organization (market, credit, operational, liquidity).
• Develop and implement risk management strategies and policies.
• Conduct quantitative and qualitative risk analysis using statistical tools.
• Build and maintain risk models and reporting dashboards.
• Monitor market trends and regulatory developments impacting financial risk.
• Collaborate with business units to ensure risk mitigation efforts are effective.
• Prepare comprehensive reports and present findings to senior management.
• Ensure compliance with relevant financial regulations and internal controls.
• Contribute to the continuous improvement of risk management processes.
• Maintain up-to-date knowledge of financial instruments and risk management techniques.

• Develop, implement, and maintain the company's enterprise risk management (ERM) framework.
• Identify, assess, and quantify financial risks, including market risk, credit risk, liquidity risk, and operational risk.
• Design and implement risk mitigation strategies and controls.
• Develop risk models and analytical tools to monitor and report on risk exposures.
• Ensure compliance with relevant financial regulations and reporting requirements.
• Prepare regular risk reports for senior management and the board of directors.
• Conduct stress testing and scenario analysis to evaluate the impact of adverse events.
• Collaborate with various departments to embed a strong risk culture throughout the organization.
• Stay updated on industry best practices, regulatory changes, and emerging risks.
• Provide expert advice on risk-related matters to business units.
• Lead and mentor a team of risk analysts.

• Master's degree in Finance, Economics, Statistics, or a related quantitative field.
• Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or CFA are highly preferred.
• Minimum of 7 years of experience in financial risk management, preferably within the banking or financial services sector.
• In-depth knowledge of financial markets, instruments, and regulatory frameworks.
• Strong understanding of risk modeling techniques, quantitative analysis, and statistical software.
• Excellent analytical, problem-solving, and decision-making skills.
• Proven ability to develop and implement effective risk management strategies.
• Strong communication, presentation, and interpersonal skills.
• Experience in managing and leading a team.
• Proficiency in risk management software and tools.
• Ability to work effectively in a hybrid work environment.

• Develop and implement financial risk management strategies.
• Identify, assess, and monitor financial risks.
• Conduct stress testing and scenario analysis.
• Analyze market, credit, and operational risks.
• Ensure compliance with regulatory requirements.
• Develop and maintain risk policies and procedures.
• Prepare risk reports for senior management.
• Collaborate with internal teams on risk mitigation.
• Manage capital adequacy and liquidity risk.
• Provide expert advice on financial risk matters.