About Vivriti Group
Vivriti Group is a trailblazer in the mid-market lending space, offering customized debt solutions to mid-sized enterprises. The group operates through two core businesses:
- Vivriti Capital Limited: A systematically important NBFC (ND-SI) regulated by the Reserve Bank of India (RBI). Vivriti Capital has disbursed over USD 3 billion to 300+ enterprise borrowers and holds a CRISIL rating of A+.
- Vivriti Asset Management: A fixed-income fund manager with over USD 550 million in commitments from 900+ institutional and private contributors, investing across 90+ entities.
- Learn more: Vivriti Capital Corporate Overview Video
Senior Director - Risk (Financial Institutions)
About the Role
The Risk function is responsible for defining and governing the organization's overall risk philosophy, credit standards, and portfolio resilience. The team plays a critical role in safeguarding asset quality, capital, and reputation while enabling sustainable growth across Financial Institution exposures.
The Senior Director Risk will lead the risk function for Financial Institutions (NBFCs, HFCs, and other regulated entities). The role will drive risk strategy, underwriting discipline, portfolio monitoring, and governance, working closely with senior management, business teams, analytics, and technology to ensure robust and scalable risk management practices.
Key Responsibilities
- Provide strategic leadership for credit and portfolio risk management across exposures to NBFCs, and Financial Institutions.
- Own and continuously enhance the organizationwide risk framework, including risk appetite, exposure limits, concentration norms, and counterparty assessment frameworks for FI lending.
- Lead the development, implementation, and periodic review of credit underwriting policies and approval frameworks for Financial Institutions.
- Oversee portfolio quality and performance, including stress testing, scenario analysis, early warning signals, and proactive identification of emerging risks.
- Manage and guide the handling of stressed accounts, including coordination with recovery, legal, and senior management teams to ensure timely resolution and loss mitigation.
- Act as an independent risk partner to business teams, providing constructive challenge, risk insights, and recommendations while supporting disciplined growth.
- Ensure strong risk governance, including reporting to senior management, risk committees, and other oversight forums, with clear escalation and decision frameworks.
- Work closely with Data Science, Analytics, and Technology teams to design and deploy risk models, scorecards, monitoring tools, and systemdriven controls for FI portfolios.
- Build, mentor, and lead a highperforming risk team, fostering a culture of strong credit judgment, accountability, and analytical rigor.
- Contribute to ongoing enhancement of risk systems, processes, and controls in line with regulatory expectations and internal standards.
Desired Skills & Experience
- MBA / CA / equivalent postgraduate qualification with 15 - 20 years of experience in credit risk or portfolio risk roles within banks, NBFCs, or financial institutions.
- Strong handson experience in Financial Institution credit underwriting, including assessment of NBFCs, MFIs, HFCs, and regulated lending entities.
- Proven experience in managing organizationlevel risk policies, credit frameworks, and portfolio governance.
- Exposure to stress management, early warning frameworks, and recovery processes for FI portfolios.
- Strong understanding of financial statements, capital adequacy, liquidity metrics, asset quality indicators, and macrofinancial trends relevant to Financial Institutions.
- Ability to engage and influence stakeholders across levels from analysts and business teams to CXOs and senior leadership.
- Demonstrated stability and experience in scaling risk frameworks alongside business growth, rather than shortterm roles.
- Excellent communication, presentation, and articulation skills, with the ability to clearly position risk perspectives in dynamic, fastpaced environments.
