Chief Risk Officer - NBFC/Trade Finance/Agri Commodities

Chief Risk Officer - Group Location: Andheri East, Mumbai Reporting To: Group CEO, with functional reporting to the Board Risk Management Committee Experience: 15 - 22 years Industry Preference: Agri Commodities, Commodity Trading, NBFC, Trade Finance, Warehousing & Collateral Management, Banking About the Role We are looking for a seasoned Chief Risk Officer (CRO) to lead the Group-wide Enterprise Risk Management function across a diversified, multi-entity and multi-geography business. The role will have end-to-end responsibility for identifying, assessing, monitoring and mitigating risks across credit & counterparty risk, commodity price risk, collateral & warehousing risk, trade finance, liquidity & treasury, regulatory & compliance, operational, technology/cyber and cross-border risks. Key Responsibilities - Design and implement a comprehensive Group-wide Enterprise Risk Management (ERM) framework, including risk appetite, risk taxonomy, limits, policies and governance structures. - Establish consolidated risk registers, KRIs, risk dashboards and escalation mechanisms across entities. - Oversee collateral, warehousing and custodial risks, including stock reconciliation, warehouse audits, quality/quantity risk, insurance and warehouse receipt controls. - Develop frameworks for commodity price and market risk, including exposure limits, MTM monitoring, concentration risk and hedging. - Lead credit, counterparty and trade finance risk, including due diligence, credit limits, exposure monitoring and settlement-risk controls. - Partner with the NBFC business on credit underwriting, portfolio quality, NPA/stressed assets, provisioning and recovery risks. - Monitor liquidity, ALM, interest-rate, refinancing, leverage and covenant risks across the Group. - Oversee FX and cross-border risks arising from international commodity trade and overseas operations. - Ensure appropriate oversight of regulatory and compliance risks, including RBI, WDRA and applicable commodity exchange regulations. - Establish a strong operational, fraud and technology/cyber risk framework, including incident management and business continuity. - Assess climate, ESG and reputational risks and their potential impact on the Group. - Provide independent risk assessment and challenge on major credit exposures, trade finance transactions, new businesses, products and geographies. - Prepare and present periodic risk reports, portfolio reviews and KRI dashboards to the CEO, CFO, Risk Management Committee and Board. - Build and lead the Group Risk function and develop risk capabilities across key business entities. Candidate Profile - CA / MBA (Finance) / CFA or equivalent postgraduate qualification. - FRM / PRM certification would be an added advantage. - 15 - 22 years of progressive experience in risk management, credit risk, commodity trade finance or treasury. - At least 5 - 7 years in a CRO / Head of Risk / senior risk leadership role. - Strong exposure to one or more of the following is preferred: 1. Agri-commodity businesses 2. Commodity trading 3. Warehousing / collateral management 4. NBFC lending 5. Trade finance 6. Banking / financial institutions 7. Commodity exchanges - Proven experience in building or scaling an enterprise risk function across multiple entities/geographies. - Exposure to NBFC/RBI regulatory risk and cross-border trade risk is preferred. - Experience interacting with Boards, Risk Committees, rating agencies, banks and financial institutions. Core Competencies - Strong understanding of credit, commodity price and collateral/custodial risk - Enterprise Risk Management and risk governance - Strong analytical and quantitative capabilities - Risk modelling, exposure limits and portfolio analytics - Strong stakeholder management and Board-level communication - Ability to independently challenge business decisions while maintaining commercial pragmatism - High integrity and sound risk judgment - Ability to operate effectively across a complex, multi-entity environment