Chief Risk Officer

We are partnering with a leading private equity firm to hire a Chief Risk Officer (CRO) who will play a critical role in driving the company's risk governance, growth enablement, and strategic risk management framework.

Our client is a well-established player in the NBFC / AIF / private equity ecosystem, recognized for its strong market presence, structured investment approach, and institutional governance standards. The organization is currently entering its next phase of growth, creating an exciting opportunity for a senior leader to shape its risk strategy and framework.

Role Overview

The Chief Risk Officer will lead the overall risk management framework across the company, with a strong focus on business risk, operational risk, compliance risk, liquidity risk, outsourcing risk and reputation management. The role requires experience in AIF structures, large corporate exposures, and external risk assessment within financial services / private equity environments.

The incumbent will work closely with Investment, Fund Management, and Senior Leadership teams to ensure robust risk governance while enabling business growth.

Key Responsibilities

1. Credit & Investment Risk

· Lead evaluation and monitoring of credit exposures across large corporate and real estate portfolios.

· Assess structured credit, mezzanine, and equity-linked transactions.

· Review underwriting models, financial projections, and covenant structures.

· Oversee portfolio stress testing and scenario analysis.

2. Regulatory Risk

· Ensure risk governance aligned with SEBI AIF regulations.

· Monitor compliance with regulations, fund documentation, investment mandates, and risk limits.

· Administer the risk management policy of the Funds

· Manage and report the Compliance Risk assessment score for the Company as required by RBI

3. Business & External Risk Management

· Identify macroeconomic, sectoral, and counterparty risks impacting investments.

· Monitor external risks including regulatory, market, liquidity, and geopolitical risks.

· Provide independent risk assessment for new products and fund launches.

4. Operational & Reputation Risk

· Establish enterprise-wide operational risk framework.

· Identify process gaps, control weaknesses, and implement mitigation mechanisms.

· Manage reputation risk through governance, stakeholder engagement, and crisis response frameworks.

· Strengthen internal controls, risk reporting, and escalation protocols.

5. Stakeholder & Governance

· Design and run the Risk matrices of the Company

· Present risk assessments to Investment Committee, Group Risk Committee and Board.

· Build a strong risk culture across the organization.

Desired Candidate Profile

· 15+ years of experience in Credit Risk / Enterprise Risk within NBFCs, Banks, AIFs, or Private Equity platforms.

· Strong exposure to large corporate credit underwriting and portfolio management.

· Prior experience handling AIF structures and regulatory frameworks.

· Proven expertise in business risk, operational risk, and reputation management.

· Strong analytical, strategic, and stakeholder management skills.

· CA / MBA (Finance) / CFA preferred.

*Client details will be shared with shortlisted candidates only.

If this opportunity aligns with your leadership journey, we'd love to connect.

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